Monday, July 20, 2015

20/7/2015, MONDAY




1) Longed at BPB of intra Ranhe High.  Gave 2 points.

Disclaimer: I am not a Research Analyst, registered with SEBI/MCX or any Exchange. I maintain this blog only for my own learning purpose and recording my thoughts on intraday activity of Market. I do not give any kind of trading advice to anyone. My methods will result in severe losses. Hence please do not follow me.

4 comments:

  1. Hi Sk,
    Don't manage all the trades aggressively. Prepare different set of TM tactics to different market environments.. Don't trail stops blindly under candle highs and lows. Use LTF chart to determine price levels like we do for yellow zones and trail stop accordingly...

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    Replies
    1. Trailing has been a perennial problem for me. Still struggling to get it right. Thanks

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    2. You will be kicked out if yu blindly trail under candle high/lows in all the markets.. Always trust the trap levels and use them for trade management as well..

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    3. True. I must locate trap levels and trail beyond them, till price moves well past HH/LL. Thanks.

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