There is a substantial risk of loss associated with trading Derivatives . Losses can and will occur. My methods will not ensure profits

Wednesday, August 29, 2012

29082012


On hind sight BPB of PDL was the only reliable signal.TP at BRN 5300.I am disappointed that a strong BOF did not happen at the TR high at point A .It would have been a fantastic 40 point trade.

7 comments:

  1. at 2.50 did it not look break out failure . in hindsight we can know but it that time it looked to me. it was a perfect downtrending day and lot of times there is small rally b/w 2-30-3-10.

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  2. Piyush

    Yes, It was a BOF.
    But it was not strong enough to initiate a CT trade and go against such a strong down trend.

    ST

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  3. Dear ST...u dont trade expiry day????

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  4. bizagra

    Yes, I do trade.
    This week ,here in Kerala , we are celebrating " Onam". It is festival time, fun time, family time.
    Trading and blogging can wait !!!

    ST

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  5. okk sir...Happy Onam...enjoy..:)

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  6. thanx st.
    'But it was not strong enough to initiate a CT trade'
    this is very challenging part to learn.. anyway.. happy onam to u..

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  7. Piyush.

    Yes, trading is very challenging
    Let me quote Ilango
    "Understand the spirit behind a strategy and don't get obsessed with "details" since markets are always evolving."

    ST

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