all u have written is 100 % perfect !!!!except the line which i gave breakets this line should be like this ,we wil leave our long ,once it reach in confirmed short trend and there is no furthur hope for us as bulls have surrendered and we are part of bulls pool
(1) move to move trading is real position trading
(2)this is the technique of position trading where we dont leave our position during correction
(3)fiobonacci retracement can be up to 70 % OF PROFIT GAINED(rounded off to 70 for simple calculation teaching)
(4)trade one profit 20000/-
(5)retracement 70 % losss 14000/-(it is a correction,so ignored no action taken)balance profit 20000-14000=6000
(6)move touched its lower support--so---position two added
(7)now move re gained its original trend from lower support---which is long
(8)profit of trade two 30000/-
(9)profit of trade one 6000+30000=36000
(10)total profit 30000+36000=66000
(11)retracement again started
(12)this time after retracement we will add third trade
(13)WHEN move will close we will be having 10 ---10--10---10--10-positions in hand
(14)at that time profit will be in lakhs not in thousands(THIS IS CALLED REAL POSITION TRADING)
(15)real position trading dont give return in %, BUT IT GIVES RETURN IN MULTI FOLD
(17)INVESTED 10000/- RETURN IN MOVE 10 FOLD-SO TEN THOUSAND CONVERTED TO 100000/-PROFIT OF SINGLE TRADE 90000/-THIS IS HOW MOVE TO MOVE TRADING WORK !!!!(ALL THE CONCEPTS OFF THIS TECHNIQUE ARE FROM MINE UP COMING BOOK-TO BE PUBLISHED SOME WHERE IN 2015)