I'm a nifty trader and this is going to be a journal of all my nifty trades. I go by gut feeling and my entry / exit / target are all predetermined.
I trade with entry trigger at a particular price and once the order is filled, i immediately place a 20 point protective stop loss from point of entry. Target is to scale out and exit 50% as soon as possible and ride the other half.
Almost all the trades are intra-day and unless i got good m2m profit under the belt, i most likely wont carry any trades.
My trading capital is 50 K, trade size is 2 lots of nifty.
I trade with entry trigger at a particular price and once the order is filled, i immediately place a 20 point protective stop loss from point of entry. Target is to scale out and exit 50% as soon as possible and ride the other half.
Almost all the trades are intra-day and unless i got good m2m profit under the belt, i most likely wont carry any trades.
My trading capital is 50 K, trade size is 2 lots of nifty.
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