I am a actual competitive investor by nature, I desire to take enormous opportunities when I recognize it is a ideal entry point. Like Livermore, I was also a boy speculator and had no issues taking to induce on the big trades and profited develop many of them. However, as I full-blown as a trader I learned this way of trading leads to much increased draw downs of financing and enormous quantities of stress holding such large placements and can lead to making bad decisions due to emotions. Also timing has to be almost perfect to be able to hold the position. I have manage this behavior by following the 1% AUM risk principle for position sizing, using OTM options to explicit big trades, and pyramiding inside indexes for big placements sizing for decreased risk of unpredictability. The key to achievements for ideal and most solid long phase finances employers is appropriate situation dimension, not big investments.
Yes, We had taken long position on NF 5774 as per our long term analysis:
What is For Intraday Nifty future trading Strategy?
Traders can start buying on nifty future 5866 to 5873
Don’t hold your long position if break 5860
Suppose to crossover intraday 6000 them nifty future can test 6045 to 6086 very soon
NOTE: Below the 5860… heavy selling possible… therefore,keep stop loss near this level!
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