what a wonderfull day for trading 20th june 2013

#1
Hi All
Last Night my eyes were eyed towards Bernanke Speech
Lol i didn't even came to know what he said or what he decided to do
i was Watching all ADR's reacting to his speech
watching all commodities
and currencies
I slept 3AM in the morning took 3 hours to make myself calm
u know why
Coz 99%of my positions in equity futures was long
it was 23 scripts long and all had 2 lots of each script.
Relief was I was long in USD/INR and had no positions under commodities
i woke up @9AM
my personal operator was puzzled and worried about his incentives as well
i saw USD $ 1.1points gap up "A great relief" had a long position under it
and when my most of stops of stock futures were to be hit the prices opened gap down. Thank God i didn't had EMOTIONS in me to hold them
and made new fresh shorts, just the moment NIFTY hit new low it was major 30 scripts short with 2 lots
it took 3 hrs to hold the positions and @ 3.15pm it was at par

last segment but not the least
Commodities
Made a fresh short in gold,lead and silver and still holding it
they are way below my selling price
every segment had opportunity

Sorry am not that good in Englis

TY
 

prabhsingh

Well-Known Member
#2
Good to know that your hedging mechanism.Just curious to know how did you manage your stop loss because there was gap-down opening.So how did your placed your stop loss during gap-down days.

Secondly,why did you went long in all the stocks.Dont you feel it should have been combination of short/long?
 
#3
Good to know that your hedging mechanism.Just curious to know how did you manage your stop loss because there was gap-down opening.So how did your placed your stop loss during gap-down days.

Secondly,why did you went long in all the stocks.Dont you feel it should have been combination of short/long?
Hi Prabh,
my name Sidak
hope tusi punjab toh ho
well stops that were defined by the system were almost 0.5-1% gaped with CMP
if i had choosen to EXIT and wait for stop value, i would have made the decision if under emotions
it was nearly a loss of 1.25lacs
and according to system there were new entries in other stocks as well
which had to be entered as well

second point combination of long short
out of 23 only 2 scripts were short , its the system u make and follow
sometimes it goes like 10 buy 10 sell
but it varies
u never know where the opportunity is hidden
maybe my system failed to Fed Interest rates LOL:rofl:
 

prabhsingh

Well-Known Member
#4
Hi Prabh,
my name Sidak
hope tusi punjab toh ho
well stops that were defined by the system were almost 0.5-1% gaped with CMP
if i had choosen to EXIT and wait for stop value, i would have made the decision if under emotions
it was nearly a loss of 1.25lacs
and according to system there were new entries in other stocks as well
which had to be entered as well

second point combination of long short
out of 23 only 2 scripts were short , its the system u make and follow
sometimes it goes like 10 buy 10 sell
but it varies
u never know where the opportunity is hidden
maybe my system failed to Fed Interest rates LOL:rofl:
Good to know about this Sidak.I am frm Delhi.How can i get in touch with you as your PM is disabled.
 

saakk

Well-Known Member
#5
Hi All
Last Night my eyes were eyed towards Bernanke Speech
Lol i didn't even came to know what he said or what he decided to do
i was Watching all ADR's reacting to his speech
watching all commodities
and currencies
I slept 3AM in the morning took 3 hours to make myself calm
u know why
Coz 99%of my positions in equity futures was long
it was 23 scripts long and all had 2 lots of each script.
Relief was I was long in USD/INR and had no positions under commodities
i woke up @9AM
my personal operator was puzzled and worried about his incentives as well
i saw USD $ 1.1points gap up "A great relief" had a long position under it
and when my most of stops of stock futures were to be hit the prices opened gap down. Thank God i didn't had EMOTIONS in me to hold them
and made new fresh shorts, just the moment NIFTY hit new low it was major 30 scripts short with 2 lots
it took 3 hrs to hold the positions and @ 3.15pm it was at par

last segment but not the least
Commodities
Made a fresh short in gold,lead and silver and still holding it
they are way below my selling price
every segment had opportunity

Sorry am not that good in Englis

TY
hello,
I have little confusion, if you are following some mechanical system than i guess it require some price input in it and if it does how can a system make you go long stock and long currency future simultaneously?

thankx
 
#6
hello,
I have little confusion, if you are following some mechanical system than i guess it require some price input in it and if it does how can a system make you go long stock and long currency future simultaneously?

thankx
may i correct that its not a mechanical system
and it never asks me any price input in it, well its on system whether it says to long or short anywhere
my motive is just to follow it with discipline
if am following my instincts by wearing red or green spectacles towards market than i can never capture the big moves.
 

mastermind007

Well-Known Member
#7
Hi All
Last Night my eyes were eyed towards Bernanke Speech
Lol i didn't even came to know what he said or what he decided to do
i was Watching all ADR's reacting to his speech
watching all commodities
and currencies
I slept 3AM in the morning took 3 hours to make myself calm
u know why
Coz 99%of my positions in equity futures was long
it was 23 scripts long and all had 2 lots of each script.
Relief was I was long in USD/INR and had no positions under commodities
i woke up @9AM
my personal operator was puzzled and worried about his incentives as well
i saw USD $ 1.1points gap up "A great relief" had a long position under it
and when my most of stops of stock futures were to be hit the prices opened gap down. Thank God i didn't had EMOTIONS in me to hold them
and made new fresh shorts, just the moment NIFTY hit new low it was major 30 scripts short with 2 lots
it took 3 hrs to hold the positions and @ 3.15pm it was at par

last segment but not the least
Commodities
Made a fresh short in gold,lead and silver and still holding it
they are way below my selling price
every segment had opportunity

Sorry am not that good in Englis

TY
Cool! I shorted NIFTY at opening and got out at 18+ while it was ranging and it looked like sleepy afternoon which turned out to be great as electricity started playing up few minutes after!!

I too have equity positions that are red-blooded!!
 

a1b1trader

Well-Known Member
#9
Trading on 20.6.13

It was really wonderful trading day for me. I really made a kill.
While trading on 19th near EOD (3.15 PM) I observed a -ww with a target of 5790 @ 5825, a difference of 35 points.

I immediately took position and shorted few lots Nifty, though a bit reluctant because of FED meet. (otherwise I would have added more)

And by midnight, when there was a bloodbath in US market, I understood, what I would get on 20th trading day. And rest is history.

Still holding some lots of Nifty for todays (21.6.13) trading
 
#10
even i had taken a put position on 18th morning(could have taken a bit later), kept till 21st just 1 hour before the market close and now took handsome profit of almost 160%.
 

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