Going with the Intraday Mini-Flow!!

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jamit_05

Well-Known Member
Re: Saint's Intraday Miniflow - live discussion

Hari,

WRB high is 77 and the next bar high is 84. Adds mustve triggered. Although, I didn't take it... such freak moves are not good motivators.
 

jamit_05

Well-Known Member
Re: Saint's Intraday Miniflow - live discussion

First rule of daytrading (or any trading for that matter) is never let profit turn into loss....if mkt going against you...grab the profit.....be relaxed if it is going in your favour....

The above does not mean that we chicken out in 10-20 points profits every time.

ST
Sir,

Would you advice that after the market has gone in your favor, by say 1:1 on the initial position, then one keeps a tighter Stoploss for profit booking for say 1/3rd position.
 
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