Day Trading Stocks & Futures

[iwillwin]

on

TV said the only support today is the clock striking 3:30 pm

on such days there would be people hoping that market closes at 1 pm also....I am not referring to Robinhood investors

 

[Romeo1998]

max pain @ 21000 anyone....

now max pain is at 20500

 

[checkmate7]

TV said the only support today is the clock striking 3:30 pm

What an expiry...3% down...

Now TV analyst will think of something to put on blame and will say we told you so on that day

 

[Raj232]

Many have got trapped from yesterdays closing and today. All experts expected positive opening, but gap down with no recovery has trapped many.
Only those with positional PE's have gained a lot provided they held it till today's closing.

But nice move on below chart at the end.

 

[checkmate7]

Many have got trapped from yesterdays closing and today. All experts expected positive opening, but gap down with no recovery has trapped many.
Only those with positional PE's have gained a lot provided they held it till today's closing.
View attachment 44321

These move are caught till the end in intraday if only you have automated system with fixed rule for exit/SL ...Most automated system are very good on trending days

 

[iwillwin]

Many have got trapped from yesterdays closing and today. All experts expected positive opening, but gap down with no recovery has trapped many.
Only those with positional PE's have gained a lot provided they held it till today's closing.
View attachment 44321

everyone hoped expiry @ 11000 initially...later 10900 but here it is at 10800

 

[sridhga]

Many have got trapped from yesterdays closing and today. All experts expected positive opening, but gap down with no recovery has trapped many.
Only those with positional PE's have gained a lot provided they held it till today's closing.
View attachment 44321

These are all correct if you could devise a system around it with stop losses and rules, if you have a strategy before the day begins. Post day close, we cannot do anything about it. We cannot drive looking into the rear-view mirror.

 

[Raj232]

These are all correct if you could device a system around it with stop losses and rules, if you have a strategy before the day begins. Post day close, we cannot do anything about it. We cannot drive looking into the rear-view mirror.

Today's day was quite unpredictable. So the strategy was to keep out of the fire.. except for aggressive traders.
I was expecting some upmove.. but global markets kept giving more and more red... so best to keep out.
However, if Indian market opened a bit gap down and global markets recovered, then it would have been good to go long. But, anyways, every expiry cannot be the same, so let's give this one a pass and wait for the next one.

 

[Raj232]

These move are caught till the end in intraday if only you have automated system with fixed rule for exit/SL ...Most automated system are very good on trending days

recommend some bhai.. will try out and post here

 

[Dr. Jan Itor]

GMMPfaudler interview... just FYI
https://www.traderji.com/community/threads/general-trading-chat.96368/page-7897#post-1430801