Wild Shots from a Rookie!!!!!

[arvindeept]

ok....so had a great day first wid the longs and then once few SLs hit in the longs , switched sides wid shorts!!!!!

For tomorrow, holding bnf shorts. Wipro , fed bank look good for short entry......those interested may take entry as per your studies.......

[arvindeept]

after exiting bnf dec shorts have taken fresh shorts in jan series.....................also entered shorts wipro n fed banks......

[arvindeept]

so nifty finally gave up .......and bears have ruled............keep holding your shorts now.......as friday shud prove to be FRY DAY for indices .......

am just posting my trades here right now.........

[arvindeept]

Those holding shorts may continue to hold .............

fresh positions may be created once day low breaks on nifty.........ditto on bnf

[arvindeept]

well keep trailing nifty shorts and put hard sl for bnf near 18900...............wipro also tsl in place.................lets see how things work out...........

[arvindeept]

excellent profits in both our intra n positional shorts in nf and bnf.....................keep trailing now....

[Tejas]

mast arvind bro..................jhakaasssssssssssssssssss

[arvindeept]

thnx tejas bro..............................i am out of my shorts rite now as all TSL hit!!!!!......................profit booked.....howsoever small/large it was...


Now lets sit aside for sometime.......

[Tejas]

good Bhai................mast.

[arvindeept]

As long as you have the following three things, you are moving in the rite direction:

1- A trading strategy with good R:R - it is really difficult to be right consistently, therefore a good R:R is a must.
2- Discipline - Rule based trading, trade what you see, not what you think it'll be.
3- Money Management - Even if you do right the first two, poor money management will lead you a poor performance.