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| Discuss Nifty Futures Trading at the Derivatives within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Originally Posted by Ajax Stopped out by Evening star Lala lala any way Yep,good day......stopped ... |
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| Derivatives Discuss Futures & Options in securities whose value is derived from an underlying instrument. |
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#2491
27th March 2008, 03:16 PM
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Re: Time to Stick my Neck Out ,Nifty 7300
Quote:
Saint
__________________
"You cannot change the direction of the wind,but you CAN adjust your sail..." 
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#2493
27th March 2008, 03:25 PM
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Re: Time to Stick my Neck Out ,Nifty 7300
Quote:
Saint
__________________
"You cannot change the direction of the wind,but you CAN adjust your sail..."
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#2496
27th March 2008, 04:56 PM
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Re: Time to Stick my Neck Out ,Nifty 7300
Hi
Asish,Saint,Ajax and others today when hourly candle went below 4800 i shorted nifty in hourly chart ...... but stoped out .. i shorted as dueto daily chart is in downtrend and hourly trend changed its direction inline with daily trend ......... Did i made any mistake with this logic ? Waiting a reply Satya Last edited by Satyen; 29th May 2008 at 05:08 PM.
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#2497
27th March 2008, 07:09 PM
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Re: Time to Stick my Neck Out ,Nifty 7300
Hi all
Attached pl find My today's trades.. good day today KISS strategy , but with patterns Also note the range of emotions I went thru-out the day.. I think most of u must be experiencing these emotions. Not all days r good.. Some day I will post a horrible/crap day trade too. Regards Ajax Last edited by Ajax; 22nd October 2008 at 10:52 PM.
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#2498
27th March 2008, 07:30 PM
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Re: Time to Stick my Neck Out ,Nifty 7300
Quote:
I have redrawn the chart as per my understanding.... and shown entry , SL , etc . One thing... If u are trading hrly charts then give enough time for pattern to unfold.> In this case few more hours. Which means gives it more than a day or 2. If ur trading horizon is only a day (Day trading), I feel looking at higher valve charts is risky. Since there is not enough time to execute ur plan. U will have to close ur trade @ end of the day whether in loss or profit. If have a wider time frame to hold the trade, then look @ higher time frame charts. Result will be higher profits & dont forget steeper SL This is my point of view Regards Ajax Last edited by Ajax; 22nd October 2008 at 10:47 PM.
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#2499
27th March 2008, 07:36 PM
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Re: Time to Stick my Neck Out ,Nifty 7300
Quote:
Hi Ajax, That's really well explained and quite helpful to know the decision making process in real time. Thanks a ton, Amit
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#2500
27th March 2008, 07:44 PM
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Re: Time to Stick my Neck Out ,Nifty 7300
Quote:
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