Best Nifty Strategy-Must Read

meherp

Well-Known Member
Short 2 lots at 5310 with a SL of 5329. I would trade with 2 lots for November month and lets c how much profit I would get (praying for no loss :) ).
 
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Fellow members I'd like to share an observation of mine with all of you. in such range bound days if 2 SL hit consecutively, v must nd skip d 3 rd trade so as to c whether the mkt is still range bound or not. if the 3rd buy/sell trigger generates a profit then v can take out positions as per the forthcoming buy/ sell signal...this will help us in keeping check of our Stop losses and protecting our capital as well...but honestly speaking, this is a very good intraday strategy...
 

meherp

Well-Known Member
are u a part time trader aur full time :confused:
Hmm...... I do trade only in NF intraday, strictly intraday no overnight position. Once I take position I put SL (15-20 pts) & target (20-25 pts) orders and keep changing the SL each time NF goes 10 pts towards target.

Generally one trade per day but some time two (rare case).

tell me now I am a part/full time trader :confused:?
 

haushang

Well-Known Member
Hmm...... I do trade only in NF intraday, strictly intraday no overnight position. Once I take position I put SL (15-20 pts) & target (20-25 pts) orders and keep changing the SL each time NF goes 10 pts towards target.

Generally one trade per day but some time two (rare case).

tell me now I am a part/full time trader :confused:?
OOhhh like that i think part time trader is one who trade with their full time job/business wherever it belongs to and full time trader is one who trades from 9.15 to 3.30.... how much trade he/she done in a single session is doesn't matter but it gives it's full time aur concentration in market....now i think it's clear so may i know who you are if u don't mind:cheers:
 

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