Need help to trade better and to trade RIGHT

I see this situation like you don't have any trading strategy and you don't use money and risk management in your trading. Losing 4% a day is really big, so you need to secure your deals really in order not to allow such situations to happen in the future. I fell that you don't have any decent and precise trading strategy. It looks like that you trade on your perceptions and feelings rather than calculations and common sense. Try to trade with bigger timeframes in order to have more time on the market analysis.


Well-Known Member
1.never do positional because it involves huge stop-loss. intraday BANKNIFTY call/put options
3.for this you have to keep 5 min charts ready for atm options weekly.
4. You buy once swing high ( of red candle) of last 4~5 candles breakout. & exit with small profits.
5. If the swing high is near supertrend levels you should wait for supertrend 7/3 buy signal.
6.if trade go in loss, buy another lot with swing low (low of the last 4~5 candles) as stop-loss.
7.keep on doing & practice. You will be successful

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Pradeep Narayan

Well-Known Member
If you want to make 40% p.a on intraday trading, try to break down the goal to smaller pieces and approach. In your scenario assume you trade 200 days, you would need a net 0.4% for 100 days of net winnings. First achieve 0.4% Net a day & then try to bring in consistency in your approach so that at the end of the year you have 100 winning days in total with an average win of 0.4% per day.
It is achievable if you can understand what I am saying.

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