There is a substantial risk of loss associated with trading Derivatives . Losses can and will occur. My methods will not ensure profits
Thursday, June 27, 2013
Usually I stand out on expiry days.Today took one trade.Nifty gaped up above the PDH. Did not channel. Drifted down. Long on BOF of PDH/IRL. Quickly took profit. when the breakout stalled. Notice the entry point. This is the ideal price behavior. Our entry point should act as a flip zone.after the break.