...
I will just put down the
tentative rules...
1. Stocks: - Nifty Stocks
2. No stock above 600Rs.(Mental Calculation becomes problematic and syat peoples interest also down with higher price!)
3. Filter stocks which show weekly uptrend (5days uptrend!)(but I am not sure
)
4. Buy Entry with 50,2 lower pierce and NOT with overall downtrend from morning... (by the way
only God and you know what that (50,.2) (9,2) means!)
5.
Exit : - I am worried,I am worried,I am worried
... Question is how to know the potential of the up-move??? Will it just come to mean BB or forge ahead??? Is it better to scalp out 25-30 paisa /100Rs. or stay IN with trailing stop-loss and don't miss the "opportunity" ... I am totally confused here
6. Stop-loss :- mental (time & price)! (It is boring/time consuming/wasting to cancel the other order (Sell & stop loss Sell!) ...when one gets executed! ... All I will do is,draw a horizontal line where I bought and depending upon the price action after that related with time, I will decide whether to execute sell or stop-loss sell!
7. Chart:- 1 minute line/candlestick?