Calls were given without taking into account the Asia mkt. performance in the morning. Actually Nifty sent the message in its EOD of 17.08.2009 itself about what it is going to do next. That's why i preferred longs instead of shorts. NTPC should have been fired more. But, i'm content as we are doing day trading.
- RELCAPITAL - profit 17 points.
- SESAGOA - profit 8 points.
- NTPC - profit 2 points.
- Nifty Swings - profit 70 points
In total 17+8+2+70 = Net Profit 97 points.
Today, several people asked about when to book profit? Look guys, It's day trading, be on profit booking side as early as possible. Do not see how much you are booking profit, important is that whether you are booking profit or not? Day trading is the most dangerous job to do in this market. Normally people win 3 times and loose 7 times. I have seen many experienced fellows in this state. And that no one is Mr. Market here. No one knows what is going to happen. It's simply my TA that i'm able to do so by the grace of God.
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