Nifty Futures Positional Trading

[jamit_05]

Reverse to longs at 6226.1;

If this happens, then it will be fun to watch.

Changed to 6299.10;

Important lesson learned at a cost of 70 pts

 

[Cubt]

Changed to 6299.10;





Important lesson learned at a cost of 70 pts

Amit,


pls share the lesson,so that we can learn from ur cost of 70 pts..

 

[jamit_05]

Changed to 6299.10;

Important lesson learned at a cost of 70 pts

Position squared off at 6279.15;

 

[jamit_05]

Amit,
pls share the lesson,so that we can learn from ur cost of 70 pts..

Converting intraday position into swing/positional is a tricky proposition due to gaps. I have spotted several occurrences in the historical data where intraday traders are punished for having such an ambition. Course, there are very many positive occurrences too. But, the question is, can an intraday trader decisively say on a given day that my position won't see a bad-gap?

Well, yes its possible. But, one cannot have the whole pie.

 

[jamit_05]

Cubt,

I read your post regarding the hardships you have undergone. I admire your determination.

rgds.

 

[bajica]

Hi,

No updates since long over here.

 

[jamit_05]

Hi,

No updates since long over here.

Not in-it anymore... doing intraday...

 

[toocool]

Are results any better?

I am on posting vacation too :-/

 

[jamit_05]

Are results any better?

I am on posting vacation too :-/

"I lose, I recover, with a little profit" is the cycle I am in. Every turn-around leaves me with a little more clarity.

 

[pokrate]

TATASTEEL

SELL its futures

CMP 349.30 spot

Stop loss 367 spot

Target 322 spot