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Posted
nothing wrong...... loss is a part of trading ... i never told in this entire trade that my system is holygrail......lolz.....so sometime it also fail but buddy overall i am in profit of 22% and its grater then great ....
Posted
nothing wrong...... loss is a part of trading ... i never told in this entire trade that my system is holygrail......lolz.....so sometime it also fail but buddy overall i am in profit of 22% and its grater then great ....

 

True, there can never always be winners, SL is there to save the capital as part of MM. Partial losses / SL hits, are part of Trading and should be honored gracefully. :)

Posted
Nifty is at weekly resistance level but price is stagnant and the volume is very low it simply reflect that participants are not in bearish mood off course they let the nifty to correct/ consolidate. My view only.
Posted
closed nifty 6000 put @ 64

 

current equity = 61738-5950 = 55788

 

Maybe i'm wrong but shouldn't the value be 8400 and not 5950. In one of the posts you mentioned 61738 divided by 50 which comes to 1200 when rounded off on the lower side. Now multiply that by the loss of 7 points it comes to 8400.

 

Cheers

Posted

I think the method is to look at range and trade in that direction, ignoring the dominant trend in higher time frame. Like Dog wiggling the tail.

 

Back to square one, and if you add your brokerage cost, the capital could be in negative.

 

Nothing to discourage, and good efforts.

 

This is the game, but if there is method, and discipline, certainly you can do well.

 

I just saw India Index, and few major index stocks.

 

Mark, Jan 22 and Feb 1 as reversal dates for security known as BHEL.NS

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