Time to Stick my Neck Out ,Nifty 7300

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  #4831  
Old 13th May 2008, 02:58 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300



Probably a Flag formation in 1 min .
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  #4832  
Old 13th May 2008, 02:58 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by sillu_m View Post
go long invrese H&S formation
In what time frame, and what is the value of the neckline!!!!
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  #4833  
Old 13th May 2008, 02:59 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by alokdaga View Post
Ashishda,

What is your usual perspective about profit booking vs stoploss? As I understand from your trades (I amy be wrong !!) You keep booking small profits. Isn't the risk of 1 big stop there that can wipe out profit for say 3-4 trades.

Regards

Alok
You have very rightly observed,trying to change the style of booking small profits from yesterday.Nice to see ur post for last 2 days.
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  #4834  
Old 13th May 2008, 03:00 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Would have exited below the low of this bar @ 4982.80
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  #4835  
Old 13th May 2008, 03:03 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by sillu_m View Post
go long invrese H&S formation
In what time frame and what is the value of the neckline
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  #4836  
Old 13th May 2008, 03:07 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by uasish View Post
You have very rightly observed,trying to change the style of booking small profits from yesterday.Nice to see ur post for last 2 days.
Ok. Actually Ashishda, I have been doing positional trading only so far. From mid January had stopped trading till now on Positional Basis due to high market volatility. Now looking towards trading Nifty intraday. Since you are very experienced in this field, hence asked for your opinion.

Regards

Alok
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  #4837  
Old 13th May 2008, 03:13 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by sillu_m View Post
go long invrese H&S formation
SL trigrd
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  #4838  
Old 13th May 2008, 03:22 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Made total profit of 186.90 Nifty points in trading 6X4=24 lots at an avrage od around 7.80 points per lot.

186.90 Less brokerage etc. for buying and selling 24 lots.

186.90 X50= 9345 less 180X24 trades=4320 Net : 5025/-approx. (Excellent for me)

Just see how much the brokerage matters when you trade for small profits.....
Mine is just 0.02% and my friend says it among the lowest that i can get!!!
To quote rkk ," Money saved in brokerage is money earned in trade "!!!!
seek advice to reduce brokerage!!!!!!
Regards
-Gautam
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  #4839  
Old 13th May 2008, 03:32 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Weak closing!!! Well today could not make money! Many wrong trades... I don't know wht happned... Closed yesterday's long postion. Could not profit from Intraday today...

Regards
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  #4840  
Old 13th May 2008, 03:36 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by milkyblack View Post
Weak closing!!! Well today could not make money! Many wrong trades... I don't know wht happned... Closed yesterday's long postion. Could not profit from Intraday today...

Regards
never mind
cheer up for 2mrw
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