What happened on Today {LEFT }and what will happen for Tomorrow {RIGHT} ,click on charts to know more
FOR TREND CHANGING TIMINGS WILL UPDATE THROUGH YAHOO MESSENGER IN LIVE MARKETS
Regards,
rajesh.saladi
Regards,
rajesh.saladi
WOW sir.. how many times i should say your magic man.. today first round of short 25 points ... then ur special long was a DHAMAKAA... 40 points .. thanks to ur PGS service during market hours.. then again short 30 points.. Your increasing my profit appetite everyday.. Thanks a Ton sir..
ReplyDeleteThis comment is for subscribers who sometimes feel angry or jealous because they are asked to book profits at certain levels before 1st target also.. 1 yr back i was also one among you.. but later when sir explained his method of booking half qty by Stop profit (SP) and hold rest for little higher profits and 10% for target 1-2-3. It makes sense to me now after losing when i used to hold entire 100% for target 1 or target 2 . Simple example today first short 5055 to 5030 - 25 points either 15 points of SP or if ur very quick 25 points of profits for half qty and in second short 30 points 40 points can be easily ridden till last hour of trading again keeping SP in mind.. not necessary it should be 15 it can be more sometimes i keep it as 20 also.. works fine The key is booking profits at diff levels and completely minimizing the chances of loss. One line Rajesh sir always tells me " Love to respect the market ; Not to challenge the market" Today i understand the real meaning of this line. And trading in nifty has become so much fun...
ReplyDeleteThe benefit of booking half quantity in trade 1 is that you can do trade 2 also with good quantity and when u book trade 2 half and rest at higher level and keep 10% of both trades for later targets 1-2 it just doubles ur profit in the safest and smartest way. I never imagined i could do more than 2 trades in a day and now i don't even realize sometimes i am doing 3-4 trades.. Cheers !!!!!
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