Today's Buy Levels

hjj1526 · #**941** 15th October 2007, 09:51 AM

thanks for help

uasish · #**942** 15th October 2007, 10:20 AM

Review of pre-mkt Levels:=

So Nifty Fut MOB level of 5455.48 holded good the Low still now = 5460.00 now (+)1.33% ;
Aban Fut 4015.80 holded the Low still now = 4005.00 now (+) 2.32 % ;
Rel Cap Fut the level of 1804.86 ,price never came to that level still now Low= 1826.10
& now (+) 2.89 %

ratan jain · #**943** 15th October 2007, 11:20 AM

Quote:

Originally Posted by renu daga

Married people with childrens should never even Dream to become a Trader in smaller Time-Frame,it is a seductive dream for sure shot financial suicide.

exactly asish da,,,i truly agree with u on this point..ratan realy this is not apoint of joke,,, i think u will understand later...but its true and hard core fact.

renu
for me individaully this is my bread /butter,,, but actually it is not ,, just utilising the time ,,in good way.. plus an extra money inflow... or SOMETIMES OUTFLOW!!!!

RENU

Who's joking!

As regards understanding " Later " this is not my first 3 months or first year of trading.

I have been in the markets for 12 years now, totally dependent on trading income, and have started 2 very small businessses, which contribute about 15 % of my total income, that too, because I am free in the evenings.

uasish · #**944** 15th October 2007, 11:35 AM

Ratan,

Long Live Mkt ! Puja is turning out to be good.

(This is for Renu,she dislikes these teeths).

Asish

renu daga · #**945** 15th October 2007, 09:31 PM

hi asish da..

well i totally missed all the cream today......sab kuch ,, sell kar diya ,,since i had to levae teh desktop,,,,,,,,,sold evrything...crying now,,..taht si why ur teeth now are more painful to me,,so pls dont smile......
sold rcom/tisco/unitech/ntpc....everything...

renu

SavantGarde · #**946** 15th October 2007, 10:47 PM

Sorry To Butt In Here....

Look At The Number Of Things That Need Your Attention Besides Trading, You Have Family & Kids.

You Are Adept At Giving Attention Where It Is Required, Therefore If You Booked Profits Off The Table No Harm In My Opinion.

Let Us Just Suppose If Your Kids Needed Urgent Attention & You Left Your Open Position, To Rush To Your Kids & Your Open Position Had Gone Against You.

Inspite Of So Many Things To Do, Your Better Sense Prevailed To Close Your Position To Get Away From Your Computer. That Is A Very Good Sign Of Discipline & You Must Pat Yourself For The Same, Market Is Not Going Anywhere It Will Present Many Creamy Opportunites In The Future, Who Knows It Might Present Opportunities Tomorrow Itself To Enter At Lower Levels.

Profit Brought Home Is The Real Profit & They Are Not Profits Unless Booked.

I Wish I Had Your Ability To Attend To Other Things During Market Hours.

Happy & Safe Trading

SavantGarde

Quote:

Originally Posted by renu daga

hi asish da..

well i totally missed all the cream today......sab kuch ,, sell kar diya ,,since i had to levae teh desktop,,,,,,,,,sold evrything...crying now,,..taht si why ur teeth now are more painful to me,,so pls dont smile......
sold rcom/tisco/unitech/ntpc....everything...

renu

renu daga · #**947** 15th October 2007, 11:22 PM

respected
savant sir..

rgt..i know this is the fact even my elders say exactly this to me..

thanks for ur guidance......that is why i call thsi forum has become a like family

renu

uasish · #**948** 16th October 2007, 01:50 PM

Nobody can complain of this giant Mkt,even 4% / 5% level in Index seemed everyday affair,i am just very happy.

nitinku5021a · #**949** 16th October 2007, 06:50 PM

same is happening wid me for last few days...to tap this mkt...its going beyond my limit......todays free fall during mid day...triggered my all stop loss..n i m out from mkt with loss....ashish da....help needed...avoiding any long positions [ over night ] except some position in pharma n sugar.

uasish · #**950** 16th October 2007, 07:37 PM

The basis of Entry has to be stock specific approach.Forget Index of 20k or 2k we are here to trade everyday ,to make % gain on Equity,some times this 'Exeburence State' ,mentally effect us ,brain fails to distinguish the Actual ground reality.
We start to feel when on chart we see a Bel Fut from (-) 3% rises to (+) 1.5 % ;we start deducing Only Long without SL is the winning formula.
Yesterday people made money Shorting Tata tea Fut & to day Longing the same,the reverse happened with Hero Honda Fut (yesterday Long to-day Short).
To-day Icici Bk went up (+) 4 % then came down significantly & next time went up (+) 6 %.
Look at Renuka Fut to day breaking the 22 level straight jump to 38 again came down to 17 level.Hence forget Sail (+) 6% so & so scrip going parabolicaly,indirectly we tend to think i am not performing & being left out from the share of this largesse,which puts a pressure.
Think clearly we will be here everyday.Some adjustments may be reqd in the present scenario ,for position sizing etc & Enjoy the 'full toss deliveries' treating these period as slog overs.
Take no pressure we are the 1st one on this wicket hence no chasing , no tgt, no Run rate to be conformed every over ( every trade).

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