If you are trading Nifty Futures, there is no short trade triggered yesterday. There was never a cross over of 3 and 15 EMA in futures chart. You cant trade futures, looking at spot levels.
In Trading,
You are Long, When you buy a share and hold, hoping it goes up.
You are Short, When you sell a share first hoping to buy it back later at a lower price.
Guys, can i trust RK Global with my Investment portfolio? How Strong is the company financially? Any old member can give me insight on whether their terminal was shut during Jan 2008 blood bath?
When the market price hits the trigger price, your stop loss order comes into effect.
Regarding placement of Stop loss, you can put it anywhere. If you are long, your stop loss should be sell with trigger price slightly above your stop loss price and if you are short, your trigger price...
Hi Mod,
Can we have a single sticky thread on top for each of the broker or Sub forums? It is becoming very difficult to find information on any one particular broker.
I'm looking to get information on Ventura securities and i have to go through multiple threads without finding the...
1: For stop loss, say you bought at Rs 10, your stop loss is Rs 8, put the trigger price at 8.10 and Sell price at 8. As soon as the trigger price is hit, the limit order at 8 gets into market.
2: You have to cancel the first stop loss and put a new stop loss using step 1 above.
Nishant, There is no broker in India except maybe Interactive Broker, who gives TSL yet, you have to put your stop loss everyday.I know its a shame, but thats how it works.
[B]
I took the 31 point long, but i got whipsawed badly in my 2nd trade at slippages around 14.55, the market order entered around 4990 area. :(
Have couple of questions, do you people use market order or limit order?
How do you manage not to get whipsawed?
Was it wrong against the system to...
Cool, i didnt take the first trade, i was worried the 5mins Stochs were too oversold, i took the 4980 trade and exited at 4940.
Only 40 for me. :) Bloody brokerage is snipping 2.4 points for single lot, need to change my broker from IDBI paisabuilder to RK Global.
Hi AW, Thanks for the reply, really appreciate it.
yeah, i agree, im stuck with lack of liquidity..:( I learnt my lesson, i will always trade in Nifty options instead of Minifty.
Thanks,
brainz
AW,
I bought MINIFTY 4900 Put for Nov 26th series, i'm ITM, can i square it off by selling any In the money put or i have to sell exactly 4900 PUT for November 26th? Thanks.
Spring and Summer are usually bad for Gold prices, gold moves in long cycles, it need to consolidate at this range till August, before it moves above $1000.
Buy below $850, don't chase the price, let the price come to you.
Hello all,
I would like to share my bad experience from IDBI.
I have applied for an account in 1st week of Dec and they have promised me that the account will be opened within 2 weeks, however even after a month, i havent heard from them. Finally, i called them and enquired the local...