Thursday, 23 March 2017

Stock Trading 23032017


It is 10:30 am now and I am done with my trading the stocks.  Took 3 trades, there was a short trade in TVS Motors and others were long trade.

If traded with futures minimum quantity, profits would have been Rs. 3700. In TVS it just missed the target by 20 paisa and I had to exit some time after that.  Same happened with Divislab.  The target was 646 and it touched 645.

In Nifty or Bank Nifty, there was not any trade setup.  This is what typically happens while we trade the indices.  In the morning session very few days out of the month we will be able to trade them.  Whereas there are plenty of stocks moving big in the morning everyday.  This was one of the reasons selecting this first couple of hours of trading to trade stocks.  As a full time trader, we need to utilize every hour of trading.  We will make money only if we take trades.  Hope you got my point.

4 comments:

  1. cool... I was not expecting a post ..now @11:20am...
    :-)
    zen

    ReplyDelete
  2. you did not screen reliance capital today which had some 4% + move today

    ReplyDelete
    Replies
    1. Sathish

      Why Rel cap alone? I did not even screen Tata Global, Jet Airways which were 5-6% up.

      Trading is not just finding a good setup. Lot of other things are there.

      URD

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  3. hi URD....good to see you getting active on stocks futures...

    ReplyDelete