Nifty Futures Trading

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Re: Time to Stick my Neck Out ,Nifty 7300

brokers day today...! my profit was less than brokerage fees i paid!!:D
lol.....at least you have profits!!:)

Importantly,if stops adhered to,and plan followed.........we live to fight another day!!

Saint
 
Re: Time to Stick my Neck Out ,Nifty 7300

Hi All,

Please suggest me wht to do with my nifty long position. I have taken at 5085 march future.

Thanks,
Nagendra
Hi,

My suggestion is to book profit/loss (not to carry home any position) at current levels. And you can enter again on monday based on local/global cues.

Regards,

DeviKpani
 
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Re: Time to Stick my Neck Out ,Nifty 7300

Some technical problem still existing. Though I was able to get the thred now. Still my waiting time is 796 seconds. However, it reduced from 11900 seconds in earlier hours.

BTW, stop-loss hit of the intraday short hit.Covered later with reverse trade but yet net loss.Still Carrying the 50% EOD short position.
 

biyasc

Well-Known Member
Re: Time to Stick my Neck Out ,Nifty 7300

lol.....at least you have profits!!:)

Importantly,if stops adhered to,and plan followed.........we live to fight another day!!

Saint
101 out of 100. saint, what is the maximum losing trades in a row you have faced in your trading carrer?
 
Re: Time to Stick my Neck Out ,Nifty 7300

Even if you have 4 winning trades out of 10 you can make a million in 1 year :). Just start telling yourself one simple thing "I wont lose money". If you learn how not to lose money you are the biggest winner.
 

new2sm

Well-Known Member
Re: Time to Stick my Neck Out ,Nifty 7300

yes protecting Capital is the thing I have learnt from my experience in stock markets. it is ok if you don't make profits somedays but it is *very* important not to loose your capital. I have myself made huge losses by not following the above which is why it is called "experience" :) reminds me of a quote sudoku gave few days back "Experienced traders control risk, inexperienced traders chase gains"
 
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