Trading The Bars Part 2

gambler

gambler

Well-Known Member
#52
#52
Re: Trading The Bars

SavantGarde said:
Now..that you did very well with the trade.....wait for U.S. markets to open....because Crude can move up with a vengeance....presently it is the EURO strength that has pulled things down including Dow Futures...!!!

SG
Click to expand...
Actually it was tukka trade, bas bearish candles dekh kar short kar diya tha.. Socha tha kuch toh profit milega, woh mill bhi gya. But joh confidence hona chahiye uski abhi bahut kami hai

Hope will grow with the time.
 
SavantGarde

SavantGarde

Well-Known Member
#54
#54
Re: Trading The Bars

While I have few open trades on Crude for scalping....have kept exit targets....if it executes well and good...or else will look into them on Monday....See you folks....have a nice weekend....!!!



SG
 
SavantGarde

SavantGarde

Well-Known Member
#57
#57
Re: Trading The Bars

rajeshbangera said:
Sir,i went thru your thread today and learnt your bb,zigzag,ma trading technique.Also tried it in demo a/c. results were good, all profitable. while the entry is simple and effective, i found difficulty in managing the trades as there were so many open trades, and also exited arbitrarily.
sir, can you pls explain how to manage and exit the trades correctly.

Thank you.

Click to expand...
Hi Rajesh......Very Good Trades....you did even better than me....!!!

Managing Trades..... You open Only that many Trades which you can Track.....once you get the hang of it....Managing Trades will become second nature...infact...everything about trading should become second nature ...similar to driving a car....!!!

Always, be mindful of the drawdown....Dont go overboard with Lots....and most importantly, if possible treat the Demo amount as REAL.... Trade with it as if it was your hard earned money....otherwise there is no use of Trading a Demo.... !!!

SG
 
SavantGarde

SavantGarde

Well-Known Member
#58
#58
Re: Trading The Bars

In Trading any markets there is always Sweet Spot
Area....which begs you to make an entry....Always look for this Area.....dont ask me how to define it....with enough screen time you will discover it for yourself....!!!

SG
 
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