General Trading Chat

lemondew

Well-Known Member
Vivek,

Just adding. St da offcourse knows much better...

I was looking for long today when bears lost their juice. Entered at 8875 My initial SL was below 8845.Little below todays support 8861 It played nicely. I would ve held today if it closed at 8890 or above todays open. Playing it very safely. Didnt so closed If it gaps up tomorro and open drive. :) No probs p1 bar intraday.


ST sir, I suppose you entered long today (after major events played out), where did you enter as, it started coming down after large gap up, and where would be the SL?
 
No,I went long into the event and my position was light.Because of the event though I was expecting no rate hike, I still played safe and hedged my positions with puts buy which were sold today at loss.Wanted to see if the market holds or sellsoff in the end , and as it held strong, added in the end to my long position.

Smart_trade
Sirji did the same.Thanks now it feels really awesome that I emulated you in real trading.First time this has happened:):)Seems that I am on the right path thanks to your valuable suggestions and advice.BTW I had lost 55% of my capital by Feb recovered to -43% then again slipped to -58% because of Brexit now sitting on -45% loss.But hopeful of recovering all my loss in a years time.Aiming at 8-10% gain every month.
 

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