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syam-mohan-vs
Sep 9, 2016 6:22 AM

Nifty Day trading Idea Long

Nifty 50 IndexNSE

Description

Buy Nifty @ CMP Target @ 8911.7 Stop @ 8863.05

Trade active

Comment

Make sure to follow my short call if this long call hits the stop.

Trade closed: stop reached

That came tantalizingly close to the target at 8909.55. But then eventually went down and triggered the stop. Sometimes I have been caught on the loosing side like this by the market. It pains but one needs to take this on ones stride. Key is to stay disciplined, protect capital and trade the system day in day out with same position size.
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