I think we've been getting a lot of reversals lately..Saint, do you think we need to re-look at the timing of our first entry? Maybe wait till 10:30am instead of 10am to take a position?
I think we've been getting a lot of reversals lately..Saint, do you think we need to re-look at the timing of our first entry? Maybe wait till 10:30am instead of 10am to take a position?
Personal choice,Rishi........on another group of 3 days,when you get the breakout from the 5min bar and never looking back,you would probably say:"Should we have taken the high of the 2min bar instead of waiting for a whole 5mins before we enter these trades?
I think we've been getting a lot of reversals lately..Saint, do you think we need to re-look at the timing of our first entry? Maybe wait till 10:30am instead of 10am to take a position?
I think we've been getting a lot of reversals lately..Saint, do you think we need to re-look at the timing of our first entry? Maybe wait till 10:30am instead of 10am to take a position?
Once certain rules are set one shouldnot deviate from them until the rules are disproved when we should look to form a new set nof rules. Just2/3 incidents of rules' apparent failures donot justify any panic.
Once you see a row of good days you will forget what you said. Patience is the essence of the Trade
vps
Infact since the time we started trading, even if one would have taken one trade only (i.e. the opening trade), he/she would have been sitting on decent profits. So, there shouldn't be any point waiting.
As I can see it the problem of this impatience has risen because of the extraordinary times that we have seen in past few months.
We need to clear those memories and accept the fact that these are markets and though there are some extraordinary times but markets always like to return towards calmness, so next few weeks are going to be such calm times only where we will make many trades some profitable others not so.