Anatomy of my Bank Nifty trade..
I shorted yesterday at 8957. Today morning instead of booking profits at ~8830 at the open I kept stoploss at 5 min bar high 8860. Finally booked profit at 8722.
My observation is if we give some room for the trade to play and if it trends in our favour we can gather some more points. Today with all negative news flow it was certain to trend lower. If it doesn't and the stoploss is hit still it's OK to give back something to gain more.
315 is the best and I have full trust on the system. Thanks to SH. This attempt is to make it more better...
I shorted yesterday at 8957. Today morning instead of booking profits at ~8830 at the open I kept stoploss at 5 min bar high 8860. Finally booked profit at 8722.
My observation is if we give some room for the trade to play and if it trends in our favour we can gather some more points. Today with all negative news flow it was certain to trend lower. If it doesn't and the stoploss is hit still it's OK to give back something to gain more.
315 is the best and I have full trust on the system. Thanks to SH. This attempt is to make it more better...
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