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  #511  
Old 22nd February 2008, 02:38 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Saint,ashish,asish... Was yesterdays bar on nifty an inside bar?
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  #512  
Old 22nd February 2008, 02:43 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

brokers day today...! my profit was less than brokerage fees i paid!!
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  #513  
Old 22nd February 2008, 02:58 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Hi All,

Please suggest me wht to do with my nifty long position. I have taken at 5085 march future.

Thanks,
Nagendra
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  #514  
Old 22nd February 2008, 03:23 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by circle zee View Post
brokers day today...! my profit was less than brokerage fees i paid!!
lol.....at least you have profits!!

Importantly,if stops adhered to,and plan followed.........we live to fight another day!!

Saint
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  #515  
Old 22nd February 2008, 03:25 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by nagendra_gb View Post
Hi All,

Please suggest me wht to do with my nifty long position. I have taken at 5085 march future.

Thanks,
Nagendra
Hi,

My suggestion is to book profit/loss (not to carry home any position) at current levels. And you can enter again on monday based on local/global cues.

Regards,

DeviKpani

Last edited by DeviKpani; 22nd February 2008 at 03:30 PM. Reason: correction
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  #516  
Old 22nd February 2008, 03:43 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Some technical problem still existing. Though I was able to get the thred now. Still my waiting time is 796 seconds. However, it reduced from 11900 seconds in earlier hours.

BTW, stop-loss hit of the intraday short hit.Covered later with reverse trade but yet net loss.Still Carrying the 50% EOD short position.
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  #517  
Old 22nd February 2008, 03:45 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by adilsaleem View Post
Saint,ashish,asish... Was yesterdays bar on nifty an inside bar?
Yes it was. The low was protected though lows of sensex and nifty futures were breached.
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  #518  
Old 22nd February 2008, 04:35 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by Saint View Post
lol.....at least you have profits!!

Importantly,if stops adhered to,and plan followed.........we live to fight another day!!

Saint
101 out of 100. saint, what is the maximum losing trades in a row you have faced in your trading carrer?
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  #519  
Old 22nd February 2008, 04:39 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Even if you have 4 winning trades out of 10 you can make a million in 1 year . Just start telling yourself one simple thing "I wont lose money". If you learn how not to lose money you are the biggest winner.
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  #520  
Old 22nd February 2008, 04:45 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

yes protecting Capital is the thing I have learnt from my experience in stock markets. it is ok if you don't make profits somedays but it is *very* important not to loose your capital. I have myself made huge losses by not following the above which is why it is called "experience" reminds me of a quote sudoku gave few days back "Experienced traders control risk, inexperienced traders chase gains"
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