Day Trading Stocks & Futures

re: Day trading Nifty & Banknifty Futures

Not losing money is almost as good as making money

There is no shame in doing nothing and being patient. Traders do not need to be constantly trading to justify their existence. If the market is not handing us the trades we are waiting for, then we'll wait. If it never does turn in our direction during the trading day, we still consider it a successful day.
 

sudoku1

Well-Known Member
re: Day trading Nifty & Banknifty Futures

Not losing money is almost as good as making money

There is no shame in doing nothing and being patient. Traders do not need to be constantly trading to justify their existence. If the market is not handing us the trades we are waiting for, then we'll wait. If it never does turn in our direction during the trading day, we still consider it a successful day.
http://theintentionaltrader.com/products/philosophy

Not losing money is almost as good as making money
 
re: Day trading Nifty & Banknifty Futures



30 Min Swing chart of Nifty Futures for the current upmove....swing lows marked in green lines and swing highs marked in red lines.

It pays to have a longer term view in mind and trade short term trend in direction of the longer term trend.

The bottom pane is a Heikin Aashi chart.

Smart_trade
 
re: Day trading Nifty & Banknifty Futures

@ Ooopsss Sell Today In Nifty .....

Bear ....BIG Bang Coming ..
Well, your comment is a bit theatrical. Main and final question: SO WHAT? If market may falls down tomorrow or in the coming days, so what? Is this a problem?

In Nifty there is an "Evening Doji star". Fine. Then play this star and that's it. If market falls in the morning, short is fine in any possible way in any derivative and any puts or down strategies in any way are fine. If you have an over night position, know how to handle and trade it and this is also fine, as you saw this day pattern at market closing.

So: BIG BIG profit is in front of Nifty traders in case a BIG BANG is Coming. All be happy when it happens and no one has to worry about it. :clap::clap::clapping:

But trend is up and some corrections always will happen. So nobody has to be afraid if market moves a bit down. Always be a Bearull and that will do the job. Why some traders always want to panic other traders with such theatrical comments like the above one. :mad:
 
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re: Day trading Nifty & Banknifty Futures

With such a structural BULL run, its profitable to scalp INTRADAY too :thumb: with a PE that shows high Gamma! :thumb:

The best part is if markets correct, the PE would benefit in any case :lol: otherwise keep playing on its Gamma :thumb:
 

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