Nifty Future 5min Ambush Style-Live

myvineet

Well-Known Member
Frankly. Im nt blaming market now...Im blaming myself....it was not a good stop..I tried to put stop under the breakout level of 4450 and a 5 point filter for SL.
My stop shud have been 4430 below the low of WRB bar, from where the B/O began.. But thats the way markets are...they teach you the hard way...I hope to learn lessons from this and hope dont repeat such a mistake again.

So far for the day, both trades into losses. SOH now and watching markets reaching my TP levels. painful it is.
never mind ankit ,

but try to book profit at previous support/ resistance but keep stop at ph/pl specially if it is SAR ...

me basically trailing stop aggressively & then SOH ..& enter again at 5 min ph/pl supported by higher tf...

all the best...
 

lvgandhi

Well-Known Member
yes harsh..i have been unlucky today...my stop just got taken off and market reversed.....and on charts, i see the low as 4445.55!!!!!!!!!!!!!!!!!


whereas i had a fill at 4445.....unncesarily booked loss on a good trade.
It is better to keep SL below some round numbers. Here I put SL as 44.8. Just saved.