My Nifty/Mini-Nifty Positional trade logs

Can Stochastics indicator alone be used for positional trading?


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summasumma

Well-Known Member
.....
Unless we have a great up move tomorrow(possible it wont happen), I hope i wont start losing my investment money.....
This seems happening :rofl:
exited the NF @ cost and just holding 5900 put for now...

Will make decision at eod....
 

summasumma

Well-Known Member


Thats called expect the un-expected.

The only possible move ruled-out from my thoughts yesterday happened today.

The way it started rallying, i have placed exit for my short position @ cost and it got triggered.

Child came down and 2111/811 just spiked up today. But still the negative bias contain as long as child is out of OB zone. So holding the 5900 put.

Open Position:
--------------
Exited short@5890... Entered@ 5890 ...no profit/loss.

Holding 5900put long @ 57
cmp: 45


P/L status:
-----------
-20+80+142-8-90+15-60-60 = -1
 


Thats called expect the un-expected.

The only possible move ruled-out from my thoughts yesterday happened today.

The way it started rallying, i have placed exit for my short position @ cost and it got triggered.

Child came down and 2111/811 just spiked up today. But still the negative bias contain as long as child is out of OB zone. So holding the 5900 put.
Thats the problem i faced with Stochs and passive trading... it always seems right after the event and line redraws... i have not yet found a way that gives meaningful returns by being a passive trader... forces you to always look at the screen...
I understand that your long entry was against your rules... but your short entry was with the stoch rules... so are you suggesting some changes to be made in the rules to cover this event encountered today?
 

summasumma

Well-Known Member
Thats the problem i faced with Stochs and passive trading... it always seems right after the event and line redraws... i have not yet found a way that gives meaningful returns by being a passive trader... forces you to always look at the screen...
I understand that your long entry was against your rules... but your short entry was with the stoch rules... so are you suggesting some changes to be made in the rules to cover this event encountered today?
Generally during tough times i exit during a big rally/fall against by position.
But otherwise i wait for 2 consecutive moves in opposite direction by 2111/811 pair to avoid false trades. So yesterday's move was against me in upward direction. And today it went down. so still holding the 5900 put.

Suppose if monday market rallies again say, till 5950 im not going to sell the put as i will wait for another day. But otherwise any kind of gap-up open with rally, i ll sell.
This kind of moves accounts to flat/no-trend market(UDUDUD..) and indicated by the gap between 2111/811 stoch values. It doesn't happened this time. So expect good movein either of the direction next week.
 
Generally during tough times i exit during a big rally/fall against by position.
But otherwise i wait for 2 consecutive moves in opposite direction by 2111/811 pair to avoid false trades. So yesterday's move was against me in upward direction. And today it went down. so still holding the 5900 put.

Suppose if monday market rallies again say, till 5950 im not going to sell the put as i will wait for another day. But otherwise any kind of gap-up open with rally, i ll sell.
This kind of moves accounts to flat/no-trend market(UDUDUD..) and indicated by the gap between 2111/811 stoch values. It doesn't happened this time. So expect good movein either of the direction next week.
Could you put up the rules once again for clarity?
 

summasumma

Well-Known Member


Last 2 days the child and 2111/811 stochs came down....

Currently there is a small gap between 2111/811... when it gets further wider(if market move flat tomorrow it will happen) then we could be in sideways market....

But otherwise the negative bias is clearly there is stochs with child already came below one of the parent from the top.

Open Position:
--------------
Holding 5900put long @ 57
cmp: 87


P/L status:
-----------
-20+80+142-8-90+15-60-60 = -1
 

summasumma

Well-Known Member


All the stochs came down with the child breaking down the other parent from the top today.

Yesterday i was talking about the little gap between 2111/811.
But today check the movement of 2111 and 811 in equal proportion and they nicely compliment each other. This generally indicates the strong trend, particularly when then come out of OB/OS zone in this fashion.

Otherwise, in the weaktrend market 2111 will hold behind and 811 will move faster with gap created between these two stochs. Hope somebody is able to get this complex way of my explanation :)

Pretty clearly, hold short.

Open Position:
--------------
Holding 5900put long @ 57
cmp: 158


P/L status:
-----------
-20+80+142-8-90+15-60-60 = -1
 
Last edited:

summasumma

Well-Known Member
....
Pretty clearly, hold short.

Open Position:
--------------
Holding 5900put long @ 57
cmp: 158

....
Did a rollover from 5900 PE to 5700 PE now....
Sold 5900 PE @ 181 ...profit: 124 points.
Bought 5700 PE @ 49

So now any kind of reversal in up move will have less effect in 5700 PE than that of 5900 PE..... But Still the down move will favor 5700 PE as equally as 5900 PE....

Watchout today low 5710 area...its important support level.. you can see eventhough Niftyspot broke today low around 11:30AM, the NF didn't break it...
 
Last edited:

summasumma

Well-Known Member



Once again all stochs came down.
2111/811 both are in OS zone now...which is cool for short positions.

I just rolledover the position in short from 5900put to 5700put for the so and so reason mentioned in my previous post.
Today's low itself is a good support if broken next support is @ 5680.

Today NF price didn't touch the 3EMA...not necessarily mean there will be up move tomorrow to make it touch. there is another way also...lets see...

Hold short.

Open Position:
--------------
Exited the 5900put@ 181...bought@ 57
Profit: 124 points.

Entered long in 5700Put@ 49.
CMP: 49


P/L status:
-----------
-20+80+142-8-90+15-60-60+124 = +123 (took support at my invested capital..that was close :D )
 

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