Hello
Interesting discussion on the Trading Diary of Suri . . .
Yesterday my position also went from +200 to -300 i.e. M2M of -500 points in one session . . .
But these aspects about trading like to use a TSL or not, how to manage intraday reversals,
the Vs n Ws are actually not something to be thought of / decided during trading but these things will be considered while defining the system.
One of ways to manage these aspect is to write down clearly and in detail all the different possible scenarios and how the system behaves in each of them . . .
If a new scenario comes up which is not already on the list, we know that our pre -preparation has been not been up to the mark
Thanks
btw, after taking my 500 points, now BNF is back to my buy price
Interesting discussion on the Trading Diary of Suri . . .
Yesterday my position also went from +200 to -300 i.e. M2M of -500 points in one session . . .
But these aspects about trading like to use a TSL or not, how to manage intraday reversals,
the Vs n Ws are actually not something to be thought of / decided during trading but these things will be considered while defining the system.
One of ways to manage these aspect is to write down clearly and in detail all the different possible scenarios and how the system behaves in each of them . . .
If a new scenario comes up which is not already on the list, we know that our pre -preparation has been not been up to the mark
Thanks
btw, after taking my 500 points, now BNF is back to my buy price
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