Nifty Futures Guesstimate

Nifty Future Tips

LOVE TO LOSE MONEY.

This rule is the one that I get  the most questions and feedback on by traders from all over the world. Traders ask, What do you mean, love to lose money. Are you crazy? No, I’m not crazy. What I mean is to accept the fact that you are going to have losing trades throughout the trading session. Get out of your losers quickly. Love to get out of your losers quickly. It will save you a lot of trading capital and will make you a much better trader.

Nifty Futures Tips

(Updated on 06-06-2012 Time 08.50 AM)

Yesterday we had written above 4858 would move up to 4885-4902

It went up to 4876 and retraced.

Now Today

Above 4855 will move up to 4885-4902 as written yesterday.

If sustains higher levels at 4902 with volumes may see 4935-4958.

4824-4802 area intraday support zone.

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FREE NSE Nifty Futures Trading Tips

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DON’T SPECULATE. IF YOU DO, YOU WILL LOSE.

In all the years that. I have been a trader and associated with. Traders, I have never met a successful speculator. It is impossible to speculate and consistently print large winners. Don’t be a speculator. Be a trader. Short-term scalping of the markets is the answer. The probability of a winning day or week is greatly increased if you trade short term: small winners and even smaller losses.

Nifty Futures Calls

(Updated on 05-06-2012 Time 09.10 AM)

As expected yesterday below 4782 we saw lower levels at 4760.

NF bounced off from  the low of 4760.

Now for Today…

Above 4858 favors bulls and may drive up to 4885-4902.

Intraday support at 4817.

Below which 4800-4783 may see.

Intraday hurdle on upside is 4848-4858.

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Nifty Futures Trading Tips Update

Nifty Future Tips

DON’T WORRY ABOUT NEWS. IT’S HISTORY.

I have never understood why so many electronic traders listen to or watch CNBC, MSNBC, Bloomberg News or FNN all day long. The talking heads on these programs know very little about market  dynamics and market price action. Very few, if any, have ever even traded a one lot in any pit on any exchange. Yet, they claim to be experts on everything. Before becoming a trading and markets  expert, the guy on CNBC reporting hourly from the Bond Pit, was a phone clerk on the trading floor. Obviously, this qualifies him to be an expert! He, and others, can provide no utility to you. Treat it for what it really is entertainment. The fact is: The reporting that you hear on the business programs is old news. The story has already been dissected and consumed by the professional market participants before news has been disseminated do not trade off of the reporting. It’s too late.

Nifty Futures Calls

(Updated on 04-06-2012 Time 8.50 AM)

As expected in last session NF remained below 4920 and it after taking

out 4885 it plunged down to 4815.

We had written lower levels are 4844-4826.

Given the foreign markets worst still don’t seem to be over.

Now For Today…

Trading below 4782 will drive it even lower to 4754-4732.

If sustained below it may open the door for even

dipper levels to  4715-4680.

4840-4848 are upward barrier.

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Free Nifty Futures Trading Tips

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DON’T HOPE AND PRAY. IF YOU DO, YOU WILL LOSE.

When I was a new and undisciplined. Trader, I can’t tell you how many times that I prayed to the Bond god. My prayers were a plea to help me out of a less-than-pleasant trade position. I would pray for some sort of divine intervention that, by the way, never materialized. I soon realized that praying to the Bond god or any other futures god was a wasted exercise. Just get out!

Nifty Futures Tips

(Updated on 01-06-2012 Time 8.50 AM)

As written yesterday below 4920 market remained under pressure.

sustained trading Below 4885 will drag NF down up to 4844-4826

4932-4949 are strong hurdle in intraday.

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Nifty Future likely to open down

nifty future tips

THE FIRST LOSS IS THE BEST LOSS

Once you come to the realization that your trade is no good it’s best to exit immediately. It’s never a loser until you get out and Not to worry, it’ll come back are often said tongue in cheek, by traders in the pit. Once the phrase is stated, it is an affirmation that the trader realizes that the trade is no good, it is not coming back and it is time to exit.

Nifty Futures Tips

(Updated on 31-05-2012 Time 8.50 AM)

Given the foreign markets, Nifty Future likely to open down

by about 40-45 points.

Trading below 4920 will drive it even lower up to 4902-4892.

Sustained Trading below 4885 will cause panic free fall up to 4844-4826.

Hurdle at 4974-4985 area intraday upper levels.

Bearish view below 4920.

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FREE Nifty Futures Trading Calls For Intraday Traders

Nifty Future Calls

GET OUT OF  YOUR LOSERS

You are not a loser because you have a losing trade on. You are, however, a loser if you do not get out of the losing trade once you recognize that the trade is no good. It’s amazing to me how accurate your gut is as a market indicator. If, in your gut, you have the idea that the trade is no good then it’s probably no good. Time to exit. Every trader has losing trades throughout the session. A typical trade day for me consists of 33 percent losing trades, 33 percent scratches and 33 percent winners. I exit my losers very quickly. They don’’t cost me much. So, although I have either lost or scratched over two-thirds of my trades for the day, I still go home a winner

Nifty Futures Tips

(Updated on 30-05-2012 Time 8.50 AM)

As we mentioned yesterday NF formed high at 5011 and fall.

We also indicated that failure to sustain above 5001-5009

might move it down. It tried two times in last session to

take this high but couldn’t.

Now for Today…

Likely to open with negative note.

Trading below 4966 will drift down it to 4950-4938-4920

Sustained trading below 4920 may see panic upto 4884

Trading above 4995 for 15 minutes with sizable volumes

no worry for bulls and see 5009-5028-5036 area which seems

quite strong barrier to sustain in intraday.

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