NexusFi: Find Your Edge


Home Menu

 





My Trading Journ(ey)al ... Trading Indian Markets (CNX NIFTY)


Discussion in Trading Journals

Updated
    1. trending_up 1,689 views
    2. thumb_up 5 thanks given
    3. group 3 followers
    1. forum 2 posts
    2. attach_file 0 attachments




 
Search this Thread

My Trading Journ(ey)al ... Trading Indian Markets (CNX NIFTY)

  #1 (permalink)
 sachinn 
Mumbai + MH/India
 
Experience: Intermediate
Platform: AmiBroker, MT4
Trading: Stocks
Posts: 1 since Apr 2013
Thanks Given: 0
Thanks Received: 1

Hi Friends,

Before we begin, brief profile of self. I know, boring but, it is necessary please

I’d been serving or/ been servant in the corporate world for good 18+ years. Had a realization one day (that would be probably 6 years back or so) that the monthly pay-packet was becoming more of a burden then anything on my/our personal life. Was seeking ways to get out of the rat-race, further realization that neither am innovative nor have any skills/ideas nor any financial backing to do something on my own. Darn, back to the rat-hole?!? Guess not, where there is will, there lies ahead a steep hill, climbing which can give you infinite $$$ bills??? Dream-On

Cutting long story short, I started on this adventure of dreaming to make living out of the financial markets. I’ve purposely omitted the “Trading for Living” cliché, & also I don’t have the necessary steel balls, if you will, to trade these markets on intra-day movements

Progress so far, I’ve quit my job recently and I’m able to run the household (meet the ends?) with the earnings from the markets. Albeit, by curbing expenses which I could afford with the monthly guaranteed pay-cheque. I’m still climbing the steep-hill and hoping that will reach the Summit sooner than later


I primarily trade instruments in Indian markets & again mainly the Index (NIFTY). But, then charts are charts so, you can always pitch-in & help me learn

Think that’s good enough intro about me.


I will try to inter-lace this thread with my trade journey/journal, lessons learnt/learning, strategies I try/want to follow. So, that you can help me with your suggestions on speeding up my journey towards the summit

Thoughts & Suggestions, if any, always welcome!!!

Later,

Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Cheap historycal L1 data for stocks
Stocks and ETFs
REcommedations for programming help
Sierra Chart
About a successful futures trader who didnt know anythin …
Psychology and Money Management
Pivot Indicator like the old SwingTemp by Big Mike
NinjaTrader
Better Renko Gaps
The Elite Circle
 
  #3 (permalink)
 shsubmit 
Mumbai India
 
Posts: 5 since Feb 2014


Hi Sachin
Great to know about you. Nifty Futures these days moves like Hang Seng. And it spikes through stoplosses. And it gaps up and gaps down at wil.
Not sure if charts will work on the shorter timeframes unless you have hefty stoplosses in place.
If there is anyway I can help let me know.
I trade Nifty BankNifty & USDINR regularly

Reply With Quote




Last Updated on February 7, 2014


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts