Manoj's Trading Diary

[manojborle]

Spot Nifty:

Buying Pressure @ 7505.1

Demand line Support @ 7448

Supply line could not be drawn So breakout level not sure yet.

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[manojborle]

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:clap::clap::clap:
Have a nice Day...

 

[manojborle]

Biggest lost in a Day till now.

I knew many times during the trade that I am on wrong side, but don't know what stopped me from booking loss and reversing my position to long side.
(I got 3-4 chances where my loss near 2000 rs and 1 time it came to profit of 5-6000 rs also).

 

[manojborle]

1 more thing I observed today about myself is I was thinking I don't have the patience to trade 30 minutes candle as I can not wait till 30 minutes for candle closing.
This trade I saw almost all 30 min candles closing and I was trading on 5 min chart.

So from tomorrow I will trade according to 30 min candle(As I can easily wait for candle to close to take any action now) and entries/exit will be on 5 min chart.

 

[healthraj]

Biggest lost in a Day till now.

I knew many times during the trade that I am on wrong side, but don't know what stopped me from booking loss and reversing my position to long side.
(I got 3-4 chances where my loss near 2000 rs and 1 time it came to profit of 5-6000 rs also).

What was your bias today ? Long or Short ?

 

[amitrandive]

Biggest lost in a Day till now.

I knew many times during the trade that I am on wrong side, but don't know what stopped me from booking loss and reversing my position to long side.
(I got 3-4 chances where my loss near 2000 rs and 1 time it came to profit of 5-6000 rs also).

Manoj

Can you please post your charts for review?
A big loss is not possible today unless you counter trade.

 

[manojborle]

Manoj

Can you please post your charts for review?
A big loss is not possible today unless you counter trade.

Yes It was a counter trade and got confused with fibonacci levels and was expecting price to come back there before going up.

 

[manojborle]

What was your bias today ? Long or Short ?

My bias was negative when Nf was not able to close above 7620, but the mistake was after my entry it closed above 7620 and I did not exit.

 

[amitrandive]

Manoj

Can you please post your charts for review?
A big loss is not possible today unless you counter trade.

Yes It was a counter trade and got confused with fibonacci levels and was expecting price to come back there before going up.

Please post chart if possible , from your trade timings , it seems you missed the morning rally and ended up counter trading and over trading.

 

[manojborle]

Please post chart if possible , from your trade timings , it seems you missed the morning rally and ended up counter trading and over trading.

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