General Trading Chat

[tarun1313]

you not put any stops to your trades ???!!!!!!!!

Actually I used to. But, many people told stop loss should be ready on your fingers and wait for candle close. So, I stopped placing an order for that a month ago. It has been working like a charm for me since then. But today ....


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[VJAY]

Anybody knows the reason of vertical fall ???

why need reason?Most of the days we see these type of bars if we engaging ourselves for finding the reason for every bars we never success

 

[tarun1313]

why need reason?Most of the days we see these type of bars if we engaging ourselves for finding the reason for every bars we never success

Following price action strategy, what should be next action after such bars?


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[travi]

Actually I used to. But, many people told stop loss should be ready on your fingers and wait for candle close. So, I stopped placing an order for that a month ago. It has been working like a charm for me since then. But today ....
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Bhai SL is one thing, use TSL. That way you'll protect profit and nullify risk to capital.
There are tons of stories of internet connection etc all not working.
Beware !!

 

[VJAY]

Actually I used to. But, many people told stop loss should be ready on your fingers and wait for candle close. So, I stopped placing an order for that a month ago. It has been working like a charm for me since then. But today ....


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We all came through these scenerios
for intra trade without stop means sucidical...mental stop can use if you are too strong mind which is very rare

 

[VJAY]

Bhai SL is one thing, use TSL. That way you'll protect profit and nullify risk to capital.
There are tons of stories of internet connection etc all not working.
Beware !!

yes I meant TSL sorry. Sl is initial stops

 

[VJAY]

Following price action strategy, what should be next action after such bars?


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for me nothing my pos hit TSL in that bar...if I get agg pivot I might go short there today which not happens in my chart

 

[rkripal]

Met with a small accident,fractured a few shoulder bones and now recovering from the injuries ,so coming to TJ infrequently.Nothing to worry as recovery is good...

My guidelines given long back that I dont expect nifty to go much below 7900 which still holds.

Stocks started giving bottoming out indcation...Bajaj Finance gave sequential buy signal 2 days ago...

Smart_trade

ST sir,

Get well soon.. take care.... Health is wealth.. :thumb:

 

[singsanjay09]

HEM Sir,in NIFTY 5mint chart, adjectly where Visual trend became up?As on 26.12 or 27.12

 

[HEM]

HEM Sir,in NIFTY 5mint chart, adjectly where Visual trend became up?

Trend was up from yesterday.


HEM