Live Intraday Trading By Professional traders

[ryan4ucar]

my morning trades are good, but later trades suck..

what did you trade?

 

[ryan4ucar]

the only day i din short stcindia on break of uptrend its down big

 

[ryan4ucar]

long 140 stc india

 

[Vertigo_1985]

what did you trade?

went long ranbaxy @ 1042 after it failed to sustain below 402.3...
& sun around 550 @ 1133, exited at breakeven.

yesterday too had too many wrong trades after morning session.

 

[ryan4ucar]

your problem is you want to be instantly in the money so you trade only breakout trades, while that is ok in the morning breakout dont make sense aftermorning unless stock is in fresh news

 

[Vertigo_1985]

your problem is you want to be instantly in the money so you trade only breakout trades, while that is ok in the morning breakout dont make sense aftermorning unless stock is in fresh news

yeah..focusing now on morning trades till i develop a profitable strategy for later trades.
also i am messing up in understanding strength of stock, like DLF had better strength than ranbaxy today.

 

[Vertigo_1985]

not trading tata motors?

 

[ryan4ucar]

not trading tata motors?

yes of course long at at 311 dint trade in the morning it did not have any affect as the market moved down

 

[Vertigo_1985]

yeah..focusing now on morning trades till i develop a profitable strategy for later trades.
also i am messing up in understanding strength of stock, like DLF had better strength than ranbaxy today.

will look for strong or weak stocks for pb or cpb later in the session(like tata motor or DLF), shouldn't try to force my setups on stocks.

 

[ryan4ucar]

if a stock is not worth its value it should be alowwed to go down these 5% 10% down circuits is stupidity