Day Trading Stocks & Futures

[mohan.sic]

Managed to turn good day into bad one, mission accomplished

I made a couple of short trades in nifty ..close to day highs ...went very well with sl trailing..

 

[traderhardrock]

well, I wont be investing, balance left for 80C investment, in these 2 days

my take is:
- in this tough time I would like to have as much liquid money at my disposal (cash/in bank
- even if I have to pay some more tax
- or govt may extend date for 80C investment for FY20
- I may earn more (than the tax I would have to pay), by investing same amount, at a later date.
- more pain left in market, in coming days

 

[Sakthiganesh]

Is there any circular to this effect from CBDT/IT deptt.
I shared/raised this news/query, a few days back (in a taxation thread) but no confirmation so far.

Can't find any except a tweet

https://twitter.com/i/web/status/1242430983120420869

Sent from my ASUS_X00PD using Tapatalk

 

[TraderRavi]

I made a couple of short trades in nifty ..close to day highs ...went very well with sl trailing..

Now looking back, Since 11 am market went down well . But I made few mistakes . took short somewhat late and pullbacks confused me.

 

[traderhardrock]

Can't find any except a tweet

https://twitter.com/i/web/status/1242430983120420869

Sent from my ASUS_X00PD using Tapatalk

Thank bro
4h point 4th line has some indication, to defer 80C investment to a later date. But as usual they never mention any thing clearly/with details.

 

[mohan.sic]

guys pls post more on day trading.....

stocks, recommendations, signals, trades ....... anything related to trade entry and to make some profits...

also market analysis for day ..patterns..indicator based...whatever useful ....

(this is nothing counter to on-going posts ...but adding above can be very useful )

 

[travi]

guys pls post more on day trading.....

stocks, recommendations, signals, trades ....... anything related to trade entry and to make some profits...

also market analysis for day ..patterns..indicator based...whatever useful ....

(this is nothing counter to on-going posts ...but adding above can be very useful )

on a lighter note, apparently what worked all along has gone out of the window so trading systems maybe shooting in the dark in current volatility
The trend is to wake up, beat the hell out of marquee names and send them home limping
this leaves very little room for constructive discussion.

 

[mohan.sic]

Now looking back, Since 11 am market went down well . But I made few mistakes . took short somewhat late and pullbacks confused me.

not mistakes I guess... its part of the game...bcz charts always looks meaningful & predictive eod.

we just react and act according to our trading style.

I trade on front foot … using momentum divergence signals....today was lucky as the market took a reversal from signal point....a trend follower may not like this way and may prefer to wait for actual reversal to take a trade which delays the entry...

 

[marimuthu13]

Hope people who bought on 24th Mar LOW , sold on 27th Mar HIGH...

 

[siddhant4u]

Nifty spot (5 min)

View attachment 41211

after initial SL, it worked well after 11am, shame Nifty didn't went down to 8200 today