General Trading Chat

Per IDF short below yesterday 2.39VPL, but did not have the guts to go for it (need a wall to hit my head on :D )
Try to use ST style of Tight trade management around entry. I still hesitate, but now have much more confidence in taking entries as stop outs are usually small.

But today i forgot to add and gave too much room for TSL after vertical move in SBIN, so obv it hits TSL and goes down ...
Better to exit on 2 bar and renter again on P1/2
 

wisp

Well-Known Member
Try to use ST style of Tight trade management around entry. I still hesitate, but now have much more confidence in taking entries as stop outs are usually small.

But today i forgot to add and gave too much room for TSL after vertical move in SBIN, so obv it hits TSL and goes down ...
Better to exit on 2 bar and renter again on P1/2
Thanks. How far is your average sl in SBIN in terms of points?
 

arsh22g

Well-Known Member
Experts said that today nifty will gap up open and will move upwards owing to the
2% gain in yesterday's DOW and the substaintial gain in the singapore nifty.
And what happended today?
News is the worst enemy of a trader.
I think news is a secondary decision making tool for an intra-day trader, primary tool is always charts.
I also keep a tap on news flow via twitter, but just to distinguish between moves.
 

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