Monday, November 19, 2012

19112012

Nifty opened within previous day range. BOF of BRN gave a short signal. PDL gave support.Attempted two BOF trades of PDL.Both these trades did not move as expected to Overlap range bigh

5 comments:

  1. whats the logic behind 3 MINS time frame. and where did u exit the last 2 trades.

    ReplyDelete
  2. Manjunath

    No such logic.only comfort
    1M too fast for me and I find 5M very slow.So selected something in between
    I exited when the previous swing high failed to act as a price flip

    ST

    ReplyDelete
  3. Everybody loves his/her way of trading. Its deeply associated with MINDSET. I dont understand why people make fun of others' market participation methods. Investors make fun of traders. Traders make fun of investors. Some make fun of charts.
    Trade or Invest in market everything is fine as long as u r making money!
    Thanks
    XYZ.

    ReplyDelete
  4. Mr XYZ

    You are right. It is all about mindset and belief.
    We are constantly learning. We should also be constantly unlearning.Learning and unlearning are two sides of the same coin. We can never learn without first unlearning what we know or believe.
    I am not making fun of other Market participation methods but shattering some beliefs to accommodate new knowledge.
    Read the story

    ReplyDelete

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