Day Trading Stocks & Futures

[apegaonkar9]

Bhailog first let nifty break 8900/9000 support zone then give lower targets

Very smartly playing in range of 9100 to 9500 approximately. Intraday walo ki dono side se band bajarahehai

 

[travi]

Bhailog first let nifty break 8900/9000 support zone then give lower targets

That day do you remember when you calculated some levels in excel sheet and i was laughing

 

[travi]

No strategy in particular. I would like to invest 75% at 6400 and rest 25% below 5000 (if it comes). And sit tight for a decade.

fair enough, if that is what u think.

But practical systems don't work like that.
The surest way is to average down and up.
What if mkt turned from 6500 and never came to your level.
how many times we see this even on shorter TF.

infact, if ur holding period is a decade, imagine the returns, and try figure out how much of diff it made if avg entry cost is 6400 or 7400.
Hardly anything.

More important imo is stock selection among other things.
Being fixated to specific levels in my view is more riskier than investing itself. that's all.
We can get lucky, but we can never time the top or bottom consistently. ( from mkt wizards )

 

[soft_trader]

fair enough, if that is what u think.

But practical systems don't work like that.
The surest way is to average down and up.
What if mkt turned from 6500 and never came to your level.
how many times we see this even on shorter TF.

infact, if ur holding period is a decade, imagine the returns, and try figure out how much of diff it made if avg entry cost is 6400 or 7400.
Hardly anything.

More important imo is stock selection among other things.
Being fixated to specific levels in my view is more riskier than investing itself. that's all.
We can get lucky, but we can never time the top or bottom consistently. ( from mkt wizards )

I am very bad in stock selection. I focus more on niftybees.

 

[mohan.sic]

No strategy in particular. I would like to invest 75% at 6400 and rest 25% below 5000 (if it comes). And sit tight for a decade.

what is this special number 6400 , you left a nice round number 6500 and came below that. something must be special on this number 6400

 

[soft_trader]

what is this special number 6400 , you left a nice round number 6500 and came below that. something must be special on this number 6400

2008 and 2011 high

 

[siddhant4u]

I am very bad in stock selection. I focus more on niftybees.

Before it comes down to that level, Nifty will shuffle some stocks and get rid of legging scripts... If Nifty comes below 7000 it will take some time (couple of months)

 

[Raj232]

If Banknifty crosses 19200 today we can see Banknifty 20,000 in 1 week time

 

[TraderRavi]

lol some giving upper targets and others lower targets.

 

[against_tides]

lol some giving upper targets and others lower targets.

means its not going anywhere