General Trading Chat

[TraderRavi]

Trading can be simple.Price can move only in two direction,up or down. If we can eliminate one direction through trend analysis than trading is reduced to a waiting game.(for entry). Trust me it really gets very boring when you do this.

I feel patience to wait for setup is the key to success.
I dont have though

 

[vivektrader]

I feel the wrongly conceived trades that turn out to be winners clouds one's thinking, makes you persist in the wrong direction.

 

[timepass]

I feel patience to wait for setup is the key to success.
I dont have though

... and even more patience is required to stay in trade.

 

[TraderRavi]

... and even more patience is required to stay in trade.

that is not my problem as I overstay in trades
I do not scalp , bad exits due to overstay, reversal ho jata hai
as recent as on friday
problem with V shape reversals mainly, as I wait for again testing S/R before exiting.

 

[touchraj16]

Baba ji ko kitna kaam par laga rahe ho aap.....poora daytrader bana diya unko apne.

Smart_trade

:lol: ST da, achha huwa daytrader bana diya, kam se kam tukka trader to nahi bana diya PT bhai ne.

 

[godfather]

that is not my problem as I overstay in trades
I do not scalp , bad exits due to overstay, reversal ho jata hai
as recent as on friday
problem with V shape reversals mainly, as I wait for again testing S/R before exiting.

Ravi bro then do not overstay :annoyed: just get out when u feel fishy

 

[rjshem]

Vivek once ur trade entry is triggered and its not moving much u can wait till it hits ur stoploss or starts moving (sometimes it moves sideways long time after trigger then starts moving big )or getout early like st has said.getting out early doesnt mean looking for reversal u need a valid setup again for entry . focus more on taking correct entries at valid setups if u do it will work well most of time than not.

 

[manish9300]

no sideways move?

Sideways is a pause in a trend.right?If trend hasnt changed why would we change trading bias.Uptrend>sideways.Trade sideways from longside only.

 

[manish9300]

I feel patience to wait for setup is the key to success.
I dont have though

See the contradiction in your statement.You know what is needed to be done to be successfull but still you are not doing it.Ask yourself ..... Why?

You know the problem areas in your trading.This is first step.Half the work is done.Next step is to find the solution to these problems and you will level up in your trading.

Most people dont even have any idea of the problem areas in their trading.So dont be you are doing better than most people.:thumb:

 

[wisp]

Sideways is a pause in a trend.right?If trend hasnt changed why would we change trading bias.Uptrend>sideways.Trade sideways from longside only.

Wish it was that easy