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

Wednesday, June 19, 2013

19062013

Nifty opened below PDL. First bar acted as IR. Shorted the break of IRL as BPB of PDL. Scratched. Second trade was another short BOF of PDC/PDL/BRN.. Anther scratch. Last trade was BPB of BRN on break of HOD/PDC. One more scratch. Market was chopping around too many DPs. If our entries are correct , we will always get enough time to scratch the trade at breakeven.
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4 comments:

  1. SAMJune 19, 2013 at 8:48 PM

    STji,

    You Scratch the trade at breakeven...

    Is that mean you do not put any SL in the SYSTEM??

    ReplyDelete
  2. SMART TraderJune 19, 2013 at 9:21 PM

    SAM

    Read the following posts
    Exit first
    Trading plan
    Scratch and win

    ST



    ReplyDelete
  3. BharatJune 19, 2013 at 10:52 PM

    ST,

    How did u avoided long above 11.54 brekout pullback longs on BRN?

    ReplyDelete
  4. SMART TraderJune 20, 2013 at 5:12 PM

    Bharath

    My Entry did not trigger.
    It was a little above PDC

    ST

    ReplyDelete

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