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Nifty Futures Trading

Discuss Nifty Futures Trading at the Derivatives within the Traderji.com - Discussion forum for Stocks Commodities & Forex; s sunil rightly said... it may look very eady when one read it... but it ...


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  #8481  
Old 18th July 2008, 11:21 AM
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Default Re: Nifty Futures Trading

s sunil rightly said... it may look very eady when one read it...
but it is very difficult to put in action...

by the by where s our asish sir.....
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  #8482  
Old 18th July 2008, 11:27 AM
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Default Re: Nifty Futures Trading

Quote:
Originally Posted by nonstopkaran View Post
short @ 3930

expecting to break 3927 levels sharply...

SL 3940

Wow , was paper trading for a few days... It was going fine.

Today shorted after observing wat u said about 3927 and shorted @ 3931.

earned 11 points
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  #8483  
Old 18th July 2008, 11:28 AM
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Default Re: Nifty Futures Trading

I think it is easier said than done because in this scenario our stop loss should not be 2 pts above or below our entry price.
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  #8484  
Old 18th July 2008, 11:29 AM
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Default Re: Nifty Futures Trading

Quote:
Originally Posted by nonstopkaran View Post
s sunil rightly said... it may look very eady when one read it...
but it is very difficult to put in action...

by the by where s our asish sir.....
it may not be that easy... but it is not impossible... BOs, resistances, supports. H&S, RSI, etc....
there are many things which may help you scapl just 10 points in every hour of trade...

Point is, be patient.... set a mental target of just 10 points for every hour (10 points target within every 60 minutes.... i m not saying wait for 60 minutes... sometimes, 10 points come within 5 minutes)...

TRADING WITH MENTAL CALM & DISCIPLINE GO A LONG WAY IN HELPING YOU REACH YOUR MONTHLY TARGET...
(after all, for full time traders, this is their main source of income, and Rs 1 lac beats any decent job's salary... atleast for starters)
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  #8485  
Old 18th July 2008, 11:46 AM
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Default Re: Nifty Futures Trading

The most important thing that I have learned until now by trading is

"Know What you want"...I have a target of usually 100 points per week and I do not trade other than that...This week luck was on myside as in two trades I was able to get 150 points!!!

400 points per month is by target!!!
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  #8486  
Old 18th July 2008, 11:51 AM
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Default Re: Nifty Futures Trading

Profit booked at around @3930 - 10 lots (4144 - 3930). Let us wait for primary trendline. No courage to long (against the rule).

Regards.
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  #8487  
Old 18th July 2008, 12:09 PM
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Default Re: Nifty Futures Trading

any idea about Europe?? Might be opening now??
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  #8488  
Old 18th July 2008, 12:14 PM
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Default Re: Nifty Futures Trading

Not yet open will open by 12 :30 .
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  #8489  
Old 18th July 2008, 12:17 PM
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Default Re: Nifty Futures Trading

NF 3932 is giving strong support.
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  #8490  
Old 18th July 2008, 12:22 PM
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Default Re: Nifty Futures Trading

Hanseng +61
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