- Today not traded
- Nice two setup for the trade
- Second one is a Direct BO trade. My mentor explained Direct BO trade with video in this link.
A journey of an Aspiring trader to become a successful trader using Price action method or Decision point method
27 September 2016
27-09-16
26 September 2016
26-09-16
- Today Nifty +20 points & Bank nifty +28 points
- Today good opportunity to trade. But made some mistakes, which not allowed to full utilize the opportunity.
- I could have taken direct BO trade. Need to improve on this
- At the end exited early from the trade. I have not waited till the last swing to break. I have exited based on fear. So took decision based on emotion. Repeated mistake. Need to change.
- Today morning no good setup in Nifty, But noticed nice setup in Bank nifty tried.
- It yielded good result. But early exit to be avoided.
23 September 2016
22 September 2016
21 September 2016
20 September 2016
19 September 2016
17 September 2016
My First F&O Trade
Learning :
Don't look for trades everywhere. Be patient and wait for the
prices to reach DPs or form established range. Then try to analyze the
trend and whether you want to take with trend or counter trend trade.
It is always fruitful to look for setup like where there is
Favorable trend + Good location + good R:R ratio.
Subscribe to:
Posts (Atom)