Wednesday, April 8, 2009

8th of April - Continue to be long in Nifty futures

That is the beauty of a trade setup which aims to catch the big trends. If you stick by it, you will get onto the big trends and ride them up or down whichever direction & make enough money to wipe out losses from a few whipsaws & have a decent profit.

So well my system is still long, been so since 13th of March, went long near 2710, its closed at 3360 today. Thats a gain of over 600 points. Not booked though, so might end with less or more, lets see. But the point is that the system works if you follow it blindly and with faith.

Anyways, its long for now. Will keep posting updates.