Scalping and more in Nifty Futures

rh6996

Well-Known Member
20th Dec 2013, the day I did not trade ! Why? The reason is a "sin" I did ! I had predecided that the market will surely go down and give a low weekly closing. Why I thought this has nothing to do with Technicals (I hardly know any), it was based on some inputs I got during a social get together the previous evening ! :mad:

I was getting a Long signal as per system and did not trade it. Made huge profit the previous day with the same system and today ignored it.... a glaring example of "Why discipline is so important in trading!"

Todays trades generated by system :

Long above 6195 did a high of 6203 (Loss 5 points)
Short below 6190 did a low of 6186 (Loss 4 points)
Long above 6194 did a high of 6152 (Gain 49 points)
Short below 6243 did a low of 6228 (gain 3 points)
Long above 6240 did a high of 6301 and closed at 6300 (Gain 60 points)

Need to work on self much more than the system. :eek:
 

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