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Nifty Futures Trading

Discuss Nifty Futures Trading at the Derivatives within the Traderji.com - Discussion forum for Stocks Commodities & Forex; seems its not closing inside the band!!...


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Derivatives Discuss Futures & Options in securities whose value is derived from an underlying instrument.


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  #5481  
Old 29th May 2008, 02:49 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

seems its not closing inside the band!!
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  #5482  
Old 29th May 2008, 02:51 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

did not close inside
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  #5483  
Old 29th May 2008, 02:53 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by lvgandhi View Post
Unfortunately went for lunch. Even SL was at 4927. No pains. Low was 4938.3. Filter is taken from low or close by you?
Below the low or high in case of longs...
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  #5484  
Old 29th May 2008, 02:54 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by gkpc View Post
did not close inside
For me it closed inside band. LB was 4888.4 Cl was 4890
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  #5485  
Old 29th May 2008, 02:56 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by gkpc View Post
Below the low or high in case of longs...
Thank you for this input.
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  #5486  
Old 29th May 2008, 03:05 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

just see how i missed opportunity for not keeping a strict trading discipline, last lot wud hv given excellent money!!!!!!!!!!!!!!!!!!!!!
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  #5487  
Old 29th May 2008, 03:09 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by gkpc View Post
just see how i missed opportunity for not keeping a strict trading discipline, last lot wud hv given excellent money!!!!!!!!!!!!!!!!!!!!!
Yes. Rightly told. But your discipline is good. You played as per your rules not to trade after 15:00
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  #5488  
Old 29th May 2008, 03:28 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Trades today :

Short 4936.80 Covered 2 at 4924.80, 2 at 4930.20
Long 4930.20 Sold 4 at 4930.80
Short 4930.80 covered 4 at 4038.20
Long 4038.20 sold at 4035.80
Short 4932.80 cover 2 at 4916.60 , 1 at 4910.80 and 1 at 4912.20
Long 4912.20 sold 2 at 4924.20, 1 at 4934.20 and 1 at 4915.80
Short 4915.80 cover 2 at 4903.80, 1 at 4893.80 and 1 at 4889.20

The last lot shud have been held as per rules till exited , cud have given excellent profit!!!

Each trade gave profit and loss as follows :
1. + 37.20
2. + 3.20
3. - 26.40
4. - 9.60
5. +75.00
6. +49.60
7. +81.60 (missed around 50 points in this, should have exited at 3.25 : 4838)
Approx ~ 200+ in total lots bot and sold : 4 lots in each trade!!! i.e 28 lots bot and 28 sold!!!
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  #5489  
Old 29th May 2008, 03:30 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by lvgandhi View Post
Yes. Rightly told. But your discipline is good. You played as per your rules not to trade after 15:00
Sir, the rule is not to take a FRESH position after 3!!!! exit all positions at 3.25
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  #5490  
Old 29th May 2008, 03:36 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by gkpc View Post
Trades today :

Short 4936.80 Covered 2 at 4924.80, 2 at 4930.20
Long 4930.20 Sold 4 at 4930.80
Short 4930.80 covered 4 at 4038.20
Long 4038.20 sold at 4035.80
Short 4932.80 cover 2 at 4916.60 , 1 at 4910.80 and 1 at 4912.20
Long 4912.20 sold 2 at 4924.20, 1 at 4934.20 and 1 at 4915.80
Short 4915.80 cover 2 at 4903.80, 1 at 4893.80 and 1 at 4889.20

The last lot shud have been held as per rules till exited , cud have given excellent profit!!!

Each trade gave profit and loss as follows :
1. + 37.20
2. + 3.20
3. - 26.40
4. - 9.60
5. +75.00
6. +49.60
7. +81.60 (missed around 50 points in this, should have exited at 3.25 : 4838)
Approx ~ 200+ in total lots bot and sold : 4 lots in each trade!!! i.e 28 lots bot and 28 sold!!!
many times i have seen here your posts about your daily trading. sometimes you exit at 8 or 10 points profit and still consider it a profitable trade. i am surprised how can you afford it. (dont you pay brokerage and taxes)
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