Trading with a sting

[Scorpion King]

NO trades are taken so far. Tracking TATAMOTORS and TATASTEEL, They are heading in to a resistance area, will take short if a proper setup comes out. Other stocks are trading flat

 

[Scorpion King]

Short on TATAMOTORS with 30 shares, at 388.1. Stop loss = 390.6, Target of 381-383

 

[Scorpion King]

Short on TATAMOTORS with 30 shares, at 388.1. Stop loss = 390.6, Target of 381-383

Tighten the stop to 389 as trade is not working in favour.

 

[Scorpion King]

Short on TATAMOTORS with 30 shares, at 388.1. Stop loss = 390.6, Target of 381-383

Tighten the stop to 389 as trade is not working in favour.

SL Hit. Exited at 389. Loss of 27 rupees.

 

[Scorpion King]

Starting Capital = 20,400.00
Current Capital = 21,320.00 (rounded)

Today will be tracking TATASTEEL, TATAMOTORS, SBIN and DLF.

The weekend was good in term of knowledge activity, Along with my friend we analysed my past week's trades/missed opportunity. Plus he taught me on money management and positional trading with trend. And the discussion will go on.

 

[XRAY27]

HI,Gm
Scorpion King

Your post/s are very good for stock traders..iam a nifty future trader..(full time trader for bread and butter)...my method is PA(price action)... great charts to watch..

keep updating:clap::clap:

 

[starscream]

HI,Gm

Scorpion King



Your post/s are very good for stock traders..iam a nifty future trader..(full time trader for bread and butter)...my method is PA(price action)... great charts to watch..



keep updating:clap::clap:

X-ray how many years have you been trading full time .

 

[Scorpion King]

HI,Gm
Scorpion King

Your post/s are very good for stock traders..iam a nifty future trader..(full time trader for bread and butter)...my method is PA(price action)... great charts to watch..

keep updating:clap::clap:

Xray,

Thank you for the kind words. Its nice to see full time traders here, Hats off to your courage. :thumb:

I run my restaurants, and started trading this month nly with the help of my friend who was previously in to trading. He advised me to start with cash market only and with a limited margin that I can loose. The concepts of Future and option goes above my head, But if i get able to keep my ground here I may start learning them as well.

Good luck.

 

[Scorpion King]

X-ray how many years have you been trading full time .

Yes Xray, it would be nice if you are comfortable in sharing your experience with new comers like me, as you must have seen much ups and downs than new comers.

 

[XRAY27]

X-ray how many years have you been trading full time .

Yes Xray, it would be nice if you are comfortable in sharing your experience with new comers like me, as you must have seen much ups and downs than new comers.

Hi,

1.i have started trading at the age of 26 in 2007...i holding a professional degree from (ICAI).. capital is from amount saved from job done for 2006 to 2007 .....but all my earning are from "Mother stock market"

2.During that period i used to trade with EOD chart...in cash market ..
at that time purchased all the AFL 's in the market for trading intraday... (i had a post on this also in the forum advising people not to purchase any afl/s..)

3.Just used to test the afl with small amount all turned to be useless.. but i used to earn from market.. from EOD..

4.Realized that AFL's won't work and Price action only works

5. Always remembered a famous quote"NO CAPITAL NO TRADING"

6. During 2011 i have shifted to F and O ,had heavy loss in the initial start taken some rest for 6 months and observed the market and
started trading again

7. i'm happy at the movement from my trading.

8. No mentors like that.. books are the mentors for me... had taken some advice from Tj member on F and O "ID name :Santosh2010",
but trading is based on my own setups

Hope this will serve you a little bit......