Nifty Futures Trading

satya_pinku2003 · #**1601** 14th March 2008, 07:10 PM

Quote:

Originally Posted by hari09omkar

Yes,u r pretty right.What u thought of,is called 'scaling in',and it's very good......good going Satya.

Hi
hari09omkar

Now we have two type of trade mangement

1- Invest Full at first then book 50% once we get a move in our anticipated direction which also equals to the amount we risked as initial SL

2- Invest Low at first Signal and when trend confirmed then add more

then out of two which strategy to take ?

If i am trading as saints method then 1st method should be taken ?

is this depends on trading strategies , market conditions ?

Waiting a reply

Regards
Satya

gvgs98 · #**1602** 14th March 2008, 07:22 PM

Thats a relief

Quote:

Originally Posted by Saint

lol VG...not at all.

Saint

SGM · #**1603** 14th March 2008, 07:27 PM

Hello

Here's an HTML page which has the url of the last page of this thread embeded as iframe and also uses java script to refresh the page. The default setting is 2.30 minutes. Can change the settings by editing the file, can use note pad to edit.

If you have setup IE to block scripts from running it will ask you if u want to run this script.

As it is a plain text file the code is readable and can be verified.

If you want to make a post make sure you finish it before 2.30 mins are done as the refresh code will load the last page of the thread after that time. Another option is to keep it in a seperate tab and use it only for reading.

Regards
Sanjay

hari09omkar · #**1604** 14th March 2008, 07:56 PM

Quote:

Originally Posted by satya_pinku2003

Hi
hari09omkar

Now we have two type of trade mangement

1- Invest Full at first then book 50% once we get a move in our anticipated direction which also equals to the amount we risked as initial SL

2- Invest Low at first Signal and when trend confirmed then add more

then out of two which strategy to take ?

If i am trading as saints method then 1st method should be taken ?

is this depends on trading strategies , market conditions ?

Waiting a reply

Regards
Satya

Dear Satya,
this actually depends.
But still,as this is trend-trading,the right approach is(assuming u r trading with 10 lakhs) to go long(or short) with 5 lakhs first,then after confirming the trade to be a winner by way of booking 50% profit at the 1:1 risk-reward point in ur direction and keeping the trailing stop of the rest 2.5 lakh at breakeven.Now when getting the next swing high(low for shorts) taken out,adding the next 2.5 lakh one tick higher than this swing high,with new trail stop at the last swing low.Now u have 5 lakhs trade again with a guaranteed profit,most probably.
From here on go aggressive and add 2.5 lakh each at the each 'higher high' bar(one tick up) and trailing stop will be low of two bar below,whenever a new high bar is formed.Means count the trailing stop-bar from the bar which is forming the new highs among recent bars.If a bar appears in such a shape that it's not a new high bar,then the stop will remain same as it was just before that.
Don't forget to take the profits away when u see a 1:3 target achieved.Book 7.5 lakhs profit at 1:2 rewards.
Thanks.

Saint · #**1605** 14th March 2008, 08:31 PM

Quote:

Originally Posted by SGM

Hello Asish

I just use it for SR levels, and some times to trail stop

Regards
Sanjay

Hi Sanjay,

Good to see you here and back to active duty.......

Saint

Saint · #**1606** 14th March 2008, 08:45 PM

Quote:

Originally Posted by adilsaleem
Asish, Ashish , Saint .... As we have a weekly closing today, Could you please point out what level closing today would mean DOOMS for weekly charts.

As Asish and Ashish had mentioned......this week's candle is in continuation with the downtrend that it is in.Break below this week's candle continues the slide.

Pivot to watch on NF Weekly :5373.Break that pivot high,and NF finds itself sitting in an uptrend and possibly higher.

All the best!
Saint

SGM · #**1607** 14th March 2008, 09:32 PM

Quote:

Originally Posted by Saint

Hi Sanjay,

Good to see you here and back to active duty.......

Saint

Hello Saint

Thanks. Its tuf to keep posting while trading, don't know how you guys manage to do it so well.

Hope you tie up everything on the porperty end & can be free enf to trade ID from monday, its just 3 days week

Regards
Sanjay

SavantGarde · #**1608** 15th March 2008, 02:23 PM

With The Violent Gap-Ups & Gap-Downs During The Month, Looks Like There Is No Trend.

The Way PUTs Are Overpriced On The Nifty, Eventually Must Correct.

However For Longer Term View Keep An Eye On 4438-4355

Sentiment Will Only Change When Bears Turn Buyers.

SavantGarde

robin_malihan · #**1609** 15th March 2008, 04:54 PM

Quote:

Originally Posted by Ajax

TRADEJI PL HELP US

PL PROVIDE FACILITY TO AUTOMATICALLY REFRESH ANY THREAD
JUST LIKE ***** FINANCE DOES FOR CHARTS...

HELP HELP

U can use autorefresher software that will refresh your link at regular interval of yours .

http://www.myrefresher.com/index.php?id=download

Cactus · #**1610** 16th March 2008, 10:25 AM

Nifty.............................