Day Trading Stocks & Futures

TraderRavi

low risk profile
Exit polls as expected comes favourably for the Congress. It is not going to affect much our Nifty. The reason is the vix, it doesn't show much fear or any kind of uncertainty. This shows that markets as usual moves on.
some exit polls saying BJP wining others in favour of congress. baat wahin par aa gayi , wait for actual results.
 

Raj232

Well-Known Member
Profit can easily be made ... one had to take the trades quickly, without missing any. .. e.g. when the markets start moving up.. then take a long trade.. dont wait for it to compete and then go short.

Also, many times, traders keep staring at the screen continuously for several hours. That's not feasible for rational thinking, and when ones thinks irrationally then profits can turn into losses.. :)
 
Profit can easily be made ... one had to take the trades quickly, without missing any. .. e.g. when the markets start moving up.. then take a long trade.. dont wait for it to compete and then go short.

Also, many times, traders keep staring at the screen continuously for several hours. That's not feasible for rational thinking, and when ones thinks irrationally then profits can turn into losses.. :)
Rightly said - all boils down to - do you have a system - if not, take one - no need to invent - choose one already there. Be consistent in following the rules

What I've learnt is as trader we keep staring screen - since we either missed the entry and looking for pullback - or in reverse direction - didn't exit - and now praying and hoping it goes back up - while piling up losses.

While we as trader's are happy to book profits of as little as 2K, but for loss we will keep not book 1K hoping it will recover.
 

Shiv12345

Well-Known Member
Wow wow ... PSB sector still up .... even after horrific news of bad results and NPAs ... and even after news of some CBI action too ... waah re waah upar waale ... Kyaa cheez banaayi hai tunne ... adbhut avishvasniya ... Indian Banking Sector
 

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