@sasimohan's activity - 2010500
Note to all 🗒️ Please remember
As people expect some suggestions, I started providing my views. I assume that all have basic knowledge on market and they use their confirmations before entering. But today I understood that people take the trade blindly even when market is in down trend. They end up with loss. Breakouts are crucial, if we use it in perfect way then we can get good profit.
Please check the market trend, when you are entering above the breakout level take confirmation from any reliable indicator. Try to find the candle stick patterns before entering. If you do so you can avoid losses.
For intraday your stoploss should be 1% and not more than that. People with greedy mind don't follow strict stoploss and end up with huge loss.
When markets are trending, they want to move in the direction of the trend because that’s the path of least resistance. Although 90% of the traders lose the money it does not say that the remaining people are successful. Many cannot turn the investment successful at the end due to the habit of holding the position until it turns into losses.