Trading Nifty

[Gaurav Kumar]

Dear Friends,

Markets to move up today . We plan to sell nifty purchased yesterday when the future reaches 4380..

with best wishes,

Gaurav Kumar

 

[Gaurav Kumar]

Dear Friends,

As i had been saying the market had to move up, it did.

As planned profit booked at 4380.

Now i have one long position left and the total position with respect to profit is looking very good.

Rest later

With best wishes

Gaurav Kumar

 

[sikandar]

Gaurav Kumar
How long we hold.
sikandar

 

[Gaurav Kumar]

Gaurav Kumar
How long we hold.
sikandar

Dear Sikandar,

I have booked profit as planned but am holding one nifty which i had taken earlier. If you had purchased more than one nifty you may book profit on half of them and hold the rest

Depends upon your back up funds etc.

With best wishes,

Gaurav Kumar

 

[sikandar]

Gaurav Kumar
Ok thanks.
I have just one lot and i am following 30min chart as per my strategy is in still buy mode.

 

[knarendra]

Dear sir,
Sell Nifty future in 4395 and cover in end of day. Because, volume is low, and nifty +1.75%.

regards,
naren

 

[kavidhev]

HI Gaurav Kumar,

Your calls rocking. Made a good profit from your call. Thank you so much.

Please advice us how we can proceed further.

thanks,
Kavidhev

 

[ppvsin]

Dear frinds

Yesterday my system signal exit nifty.(at closing). Today huge gap up open. My system says buy nifty.What to do? Should I buy nifty at market closing?

Regards
ppvsin

 

[Sriks]

Very pertinent pointer - no stop loss yet book small loss.

Coming to investment styles, I disagree that it is fear that drives stop loss. working without stop losses is for people who consider themselves long term INVESTORS - basically those who either have the capacity or are willing to digest short term volatilities. However as TRADERS, the idea of working without stop losses does not appeal simply because trading is a probability game with positive expectancy. We need to have out Math right in terms of indicators we follow as also money management techniques. As such, it would only but be prudent to stop your losses and let your profits run.

While "investors" tend to go by the performance of the concerned businesses, "traders" differentiate the corporate performances from that of the respective stock performances. The reasons, I daresay, are obvious.

 

[Gaurav Kumar]

Very pertinent pointer - no stop loss yet book small loss.

Coming to investment styles, I disagree that it is fear that drives stop loss. working without stop losses is for people who consider themselves long term INVESTORS - basically those who either have the capacity or are willing to digest short term volatilities. However as TRADERS, the idea of working without stop losses does not appeal simply because trading is a probability game with positive expectancy. We need to have out Math right in terms of indicators we follow as also money management techniques. As such, it would only but be prudent to stop your losses and let your profits run.

While "investors" tend to go by the performance of the concerned businesses, "traders" differentiate the corporate performances from that of the respective stock performances. The reasons, I daresay, are obvious.

Sriks and others,

Please note i have only 75000/- for the purpose of the thread, so cant come in the catagory of a long term investor with huge capacity.

Whether to go for SL or go for my strategy is a mindset as well as depends on what you know about the market.

With best wishes,
Gaurav Kumar