There is a substantial risk of loss associated with trading Derivatives . Losses can and will occur. My methods will not ensure profits

Thursday, July 12, 2012

12072012


Nifty gaped down below PDL.Bias was bearish. TST of the IR high gave a short signal. This trade moved well,Second signal was the long at LOD. FTC at LOD was also a good trade which gave 20 odd points.Rest of the day Nifty made a Barbed Wire around IR Low.

8 comments:

  1. You are really great Sir, i am following ur blog regularly from last 40 to 45 days, you are marvelous, all these days you didnt got hit to even one single stoploss, I think there is no SL your trades nor in Glossary.

    ReplyDelete
  2. Anon

    I do get stopped out. Very rarely.If the trade is not moving in my favour,I don't wait for my physical stop to get hit, I scratch it at breakeven or at a small loss.
    I don't mark stop loss in my charts, hence it is not in the glossary.I trade price reversals and SL is one or two points above or below the extreme.

    ST

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  3. Sir, if yoy conclude your analysis after analysing various points then it gives more light to analysis

    ReplyDelete
  4. Anon

    Generally I mark the trade opportunities as per my method on the chart. If I have skipped some, I do mention the reason.

    Please do not address me "Sir". That three letters have a million meaning.I work as a low level employee and everyday we use this word a lot and we mean
    "#@!$^&*"

    ST
    I

    ReplyDelete
  5. definately sir means diffrent meaning but in learning phase every person say sir that means he respect the person whom he is addressing from bottom of his heart.

    ReplyDelete
  6. @ Sandeep

    Agreed. But I would like to be addressed as ST.

    ST

    ReplyDelete
  7. Dear ST, I have not understood trade opportunities that you have marked, if you mention with little elaboration , then it will be helpful to me or any new begineers

    ReplyDelete
  8. Anon

    I trade only three setups and I have made a detailed post on it. Kindly go through it.

    ST

    ReplyDelete

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