Hello, Would you have allowed a 50+ points pullback from BRN + PDL? The move down was fast and so it makes sense to give room but at what point would you consider not waiting for another leg down ? thanks
Hi ST, I was biased on the long side today because of the inauguration, so missed the whole down move. Learnt a nice lesson, even if the whole world is bullish, if chart says price is going to fall, it is going to fall.
The last short. taken at break of DO, where would you keep SL?
Rajesh,
ReplyDeleteThanks a lot for your analysis.
Regards,
HI ST,
ReplyDeleteI couldn't trial my profit properly, I always regret after my exit.
please comment on my trades http://screencast.com/t/C5wFAfaWtq
You have done well.
DeleteYou have company. I too regret after my exits
ST
Hello, Would you have allowed a 50+ points pullback from BRN + PDL? The move down was fast and so it makes sense to give room but at what point would you consider not waiting for another leg down ? thanks
ReplyDeleteIf I am sitting on "undeserved profit", I just exit and pocket the profit
DeleteI will prefer to exit and look for a re entry.
ST
sir, pls, see my chart. this is paper trading but marked on chart was real time basis.
ReplyDeletethanks
http://oi58.tinypic.com/30885m0.jpg
You have traded well.
DeleteStick with it . It takes time to get your execution right
Hi ST,
ReplyDeleteI was biased on the long side today because of the inauguration, so missed the whole down move. Learnt a nice lesson, even if the whole world is bullish, if chart says price is going to fall, it is going to fall.
The last short. taken at break of DO, where would you keep SL?
I will keep SL just above DO/IRL and LOD at that time.
DeleteST
Surprisingly good day today :)
ReplyDeleteShorted on BOF of 6500 ... nifty fell sharp.. closed the trade at 6302 ..
Nice trades.
DeleteBut you are thousand points behind us at 6xxx
ST
ST Sir,
ReplyDeleteWhat a day ! It is not often that we get to mark three BRN on an intraday chart.
Regards,
KSG