Day Trading Stocks & Futures

Gaur_Krishna

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

But all these are antitrend moves DA? Should we as trend followers look forward spotting them? Or just let them go as we cant capture every move anyways?

Regards,
Gaur_Krishna

When market starts making overlapping bars, pivot breakdown failures it is making a short term bottom....it was evident from market action at the bottom today. Traders booked very good profits if they have sold above 5450 this profit booking and lack of aggressive selling sent the market up....

ST
 
re: Day trading Nifty & Banknifty Futures

But all these are antitrend moves DA? Should we as trend followers look forward spotting them? Or just let them go as we cant capture every move anyways?

Regards,
Gaur_Krishna
We have to track these antitrend moves as we need to book our profits as close to the swing low/high as possible without leaving too much on the table. Also we need to take a next trade in the direction of the trend after the antitrend move plays out.

Smart_trade
 

TraderRavi

low risk profile
re: Day trading Nifty & Banknifty Futures

will not trade BNF for some time.........bigger sin after break. :annoyed:
what a bad day for me :eek:
lost 1000 rs. , bigger sin is not taken 2000 profit.$%^%^%$^&%$^$^$^^^$^^&&$%^%$%$%#%#%@#%#%%%%#%$%^^#^^#%^%^%#^%^%^&%^^%#^%$#$%$%$#%$#%$%$#%$#$%$#%$#$#%^%#%$$%##$%#%$^#$^^&%&^%&*^&*^%^$^%$%$%#%$%$##@$@$@#@%$Z&%^^%^&%$^$$
 
re: Day trading Nifty & Banknifty Futures

lost 1000 rs. , bigger sin is not taken 2000 profit.$%^%^%$^&%$^$^$^^^$^^&&$%^%$%$%#%#%@#%#%%%%#%$%^^#^^#%^%^%#^%^%^&%^^%#^%$#$%$%$#%$#%$%$#%$#$%$#%$#$#%^%#%$$%##$%#%$^#$^^&%&^%&*^&*^%^$^%$%$%#%$%$##@$@$@#@%$Z&%^^%^&%$^$$
TR ...........kisine (hope not GF) rakhi de diya keya itna gussa.........(Bdw I know reason of angry):lol:
 
re: Day trading Nifty & Banknifty Futures

Watch Ruchir Sharma's and Arun Shourie's interview on NDTC....on our currect account deficit, FII investments, FII pulling out from debt market from May 2013.......it is scary to see what economic troubles our country is in....

ST
 

TraderRavi

low risk profile
re: Day trading Nifty & Banknifty Futures

was in 1300 profit after 2 trades(16 NF, 20 BNF). time for break but just before going to break seeing some weakness @ 1pm, shorted BNF @ 9190 , with SL @ 9213 pivot , but BNF lodu rose 80-90 points in that candle quickly, I got frozen no time to put sl and covered @ 9267 , 77 points loss and 1 hr break. net 600 loss.:mad:
after break saw this bnf lodu made 9095 low after my exit.:annoyed:. again bot this after 2 pm, @ 9200, sl 9160 it was doing ting tong for long time then it rose to 9239 then 9180 then again 9280 around 3:15 pm. I needed 9277 to cover earlier bnf trade loss, but I didnot moved my sl from 9160 but put sell order @ 9300 seeing strength I thought it will break 9285 HOD 15 min remaining ,but then it fell and fell and fell and fell and fell and fell and then I covered @ cost. this happened 2nd/3rd time in bnf this month. will not trade this volatile counter for sometime, nifty is ok for me. :annoyed:
 

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