My holy grail Las vegas casino style day trading strategy

[saivenkat]

looks you both south Indian..............udamba pathukonga ............Sai Venkat please interpret in English.........bdw I respect all south Indian.........they are pious and humble....:thumb::thumb::thumb::thumb:

He tells me.. to take care of my health..

 

[saivenkat]

Today Asian markets opens on a subdued note.. approximately a percent down... and if nifty follows the same.. ignoring the positive signs of FDI investment approval in 13 sectors...then (MY) our longs in BNF will further be dented around 300 points..taking it to the crucial support levels of 11075..

Then we are left at the mercy of ..Fed Reserve Chairman Ben Bernanke's semi-annual testimony to Congress on Wednesday, from which they hope to garner further clues on the timing of when monetary stimulus is likely to be unwound. .. In short ... just WATCHING FOR THIS LINE IN HIS TESTIMONEY "US MONETARY POLICY WILL REMAIN ACCOMODATIVE"

 

[saivenkat]

Today Asian markets opens on a subdued note.. approximately a percent down... and if nifty follows the same.. ignoring the positive signs of FDI investment approval in 13 sectors...then (MY) our longs in BNF will further be dented around 300 points..taking it to the crucial support levels of 11075..

Then we are left at the mercy of ..Fed Reserve Chairman Ben Bernanke's semi-annual testimony to Congress on Wednesday, from which they hope to garner further clues on the timing of when monetary stimulus is likely to be unwound. .. In short ... just WATCHING FOR THIS LINE IN HIS TESTIMONEY "US MONETARY POLICY WILL REMAIN ACCOMODATIVE"

Till now happening as i thought.. Still i am confident .. of getting out of this trade in profit.. hold it patiently.. with deep SL is my mantra.. as of now..

 

[rajgreenpeace]

Till now happening as i thought.. Still i am confident .. of getting out of this trade in profit.. hold it patiently.. with deep SL is my mantra.. as of now..

I quit today..........RBI (subba) spoil the party............:annoyed::annoyed::annoyed::annoyed:

 

[rajgreenpeace]

I quit today..........RBI (subba) spoil the party............:annoyed::annoyed::annoyed::annoyed:

I still believe my system is......good......this exp I got heavy buy signal on Nifty (see my post after last exp...) and hit my tgt 6k.....although every one was bearish.....even.....Bank nifty also tried to reach 12k.......but didn't .....because of RBI (subba:annoyed.....RBI ne pura khel bigar dia.........so bye bye guys I will be back with another God..call...........after this exp.........:thumb::thumb::thumb::thumb:

 

[prabhsingh]

Raj Bro,

Dont think it was bit early too quit.My sense it that we might see 6250 very soon (August?) and BankNifty has to play a very important role here.Today it was a very narrow range market hence you should have kepy your position alive.

 

[Smart_trade]

Raj Bro,

Dont think it was bit early too quit.My sense it that we might see 6250 very soon (August?) and BankNifty has to play a very important role here.Today it was a very narrow range market hence you should have kepy your position alive.

Every trader has to keep some stoploss...it could be 1%,5%10% or 20 % as per his risk tolerence but stoploss has to be there.....and if the upmove to 6250 starts, Bank nifty can be bought again....What Rajbhai has done is right...he has got out of a loosing trade...he may re-enter if the situation so warrants.

Smart_trade

 

[rajgreenpeace]

Raj Bro,

Dont think it was bit early too quit.My sense it that we might see 6250 very soon (August?) and BankNifty has to play a very important role here.Today it was a very narrow range market hence you should have kepy your position alive.

Although I like drink.........but I know my limit.........same as a discipline trader I know my laxman rekha........:thumb::thumb::thumb::thumb:

 

[rajgreenpeace]

Every trader has to keep some stoploss...it could be 1%,5%10% or 20 % as per his risk tolerence but stoploss has to be there.....and if the upmove to 6250 starts, Bank nifty can be bought again....What Rajbhai has done is right...he has got out of a loosing trade...he may re-enter if the situation so warrants.

Smart_trade

ST bro I will not Re-enter.........its part of my MM.........:thumb::thumb::thumb::thumb:

 

[ganeshams]

Sukrani bro is giving >10k for banknifty