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NIFTY Futures Mechanical Trading

Discuss NIFTY Futures Mechanical Trading at the Futures within the Traderji.com - Discussion forum for Stocks Commodities & Forex; also can i add another important point.Dear komal,i sincerely hope you do a bit of ...


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  #1151  
Old 1st September 2008, 12:16 PM
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Smile Re: NIFTY Futures Mechanical Trading

also can i add another important point.Dear komal,i sincerely hope you do a bit of paper trading before you analyse the system and go live.Trust me this will save you a lot of anxious moments.Please consider this as a humble suggestion.
all the best!

Quote:
Originally Posted by SamFisher View Post
Before posting a question I think you should atleast read 3/4 previous posts??!!
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  #1152  
Old 1st September 2008, 01:12 PM
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Default Re: NIFTY Futures Mechanical Trading

Sorry Guys !!! will take your advice .... Thanks ...
Didnt see the above posts ...
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  #1153  
Old 1st September 2008, 03:29 PM
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Default Re: NIFTY Futures Mechanical Trading

shall I avg with same SL ??? Pls advise???
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  #1154  
Old 1st September 2008, 03:50 PM
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Default Re: NIFTY Futures Mechanical Trading

dear vinod ji

we request u to try to give sl of 20 / 25 points so loss may be reduce . today u have reverse your call from long to short from 4277 & sl is 4392 so big gap of 115 points . if it reach their 4392 tomoroww in gap again loss will be there. so we request u to try to reduce sl for small client.

uday
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  #1155  
Old 1st September 2008, 03:56 PM
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Default Re: NIFTY Futures Mechanical Trading

Vinod Sir,

It will be good if you can come up with some logic that will minimize losses even for the sake of profit..What I mean is it does not matter if we gain less points but the loss should be minimal..
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  #1156  
Old 1st September 2008, 06:55 PM
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Thumbs up Re: NIFTY Futures Mechanical Trading

NIFTY FUTURE For September 2,

Current position : SHORT (at 4284 on 01/09/2008)

Nifty Fut Closed at : 4350.40

Profit/Loss in current trade : -66.40 (as per last closing price)
Net Profit/Loss since thread started : +1984.60 (2051.00-66.40)


Support : 4269
Resistance : 4363

Hold SHORT position with SL 4363. If trades above 4363, exit SHORT & go LONG with SL 4269.

Happy Trading.

Vinod
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  #1157  
Old 1st September 2008, 07:46 PM
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Default Re: NIFTY Futures Mechanical Trading

Hi,I have NF short avg. at 4325.It seems from today's closing that again we have to change our position.God help us.
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  #1158  
Old 1st September 2008, 08:08 PM
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Default Re: NIFTY Futures Mechanical Trading

agree !!! ):
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  #1159  
Old 1st September 2008, 08:46 PM
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Default Re: NIFTY Futures Mechanical Trading

Dear Arjit/Dnjedeja,

Its not fair to comment like this. When Vinodji's fabulous system gives profit then, we take it with pride then, why we cry when it gives some losses.

No system in the world is perfect. We should take losses the same way we take profits.

-- Anil
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  #1160  
Old 1st September 2008, 09:05 PM
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Default Re: NIFTY Futures Mechanical Trading

Since last few days Nifty is moving in the narrow range of 200 points i.e. 4200- 4400.
I always prefer to go long near 4200 and short near 4400.
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