New member introduction

#1
Hi Guys

I am a big follower of traderji site.I trade in nifty F&O.

I have followed many strategies discussed in this forum.. some successes & some didn't. I also make my own strategy & try to dummy work on it.

I believe one can earn or loss good amount of money in gap up nifty opening. & hence i focus on nifty opening.It's just you need to predict tomorrow nifty opening,close to nifty closing of today. Before taking any position, i look how
1) Asian market closed
2) opening of European market
3) how is US future market looking
4) Any major global news, impacting global market
5) Any local market news, impacting only indian market. (Very rare scenario)
6) Closing trends of Indian & Asian market.

However, the only big risk is we cannot predict any major news impacting markets both indian & global post indian market is closed. For eg. if i predict that market will go up tomorrow & have taken a long position around 3.15 pm.
Now once indian market is closed, there is some negative news, & hence market will react to that news & nifty will open negative.

Please advice me is there any better way to predict the market & take positions accordingly.

Thanks
Vikas
 

drxx

New Member
#2
Hi Guys

I am a big follower of traderji site.I trade in nifty F&O.

I have followed many strategies discussed in this forum.. some successes & some didn't. I also make my own strategy & try to dummy work on it.

I believe one can earn or loss good amount of money in gap up nifty opening. & hence i focus on nifty opening.It's just you need to predict tomorrow nifty opening,close to nifty closing of today. Before taking any position, i look how
1) Asian market closed
2) opening of European market
3) how is US future market looking
4) Any major global news, impacting global market
5) Any local market news, impacting only indian market. (Very rare scenario)
6) Closing trends of Indian & Asian market.

However, the only big risk is we cannot predict any major news impacting markets both indian & global post indian market is closed. For eg. if i predict that market will go up tomorrow & have taken a long position around 3.15 pm.
Now once indian market is closed, there is some negative news, & hence market will react to that news & nifty will open negative.

Please advice me is there any better way to predict the market & take positions accordingly.

Thanks
Vikas
Thanks, for your information...
 

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