Sir,
I expect price will visit 4990(min) again before 6350.
TL bk at that point.
Is my approach wrong?
First of all one have to define him/her self ..am i a
Day/short-term or positional Trader as for trading goes, Based on this the Levels and Targets vary..
A day trader need not to bother about Longer or Swing Positional Level
the only aim to make 20/30 Points when ever gets an opportunity
F&O trading is accepted(No carry forward position at any cost)
Rest of the category Enter with Minimum and Longer time frame the SL too are as high as 5 to 10% accumulation is Key word for them (F&O not recommended)
Unless one is not clear what category he/she belongs to out of above three surely it will confuse ..
Can any trader say just i was watching the screen through the day and not traded?.. very difficult to control emotions.. practice .. i am very sure it is hard work ... Good Luck
5180 swing reversal..