what's your strategy?? option selling or buying??
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is forex legal in india??
A and C both are equal.
It's all about risk management, C has small SL so it might be better for some people but if you trade in A then reduce your lot size to compensate your risk reward comparing with C.
Retest is a term similar to pullback in trading.
For example: a price broke the resistance level a bit and came back to consider that resistance as a support and again go up is known as retest and it is a good entry point. similar with downtrend too.
First do paper trade assuming you have 10k capital and try to double up your virtual money and if you do so then only enter the market with 10k capital. You can add on afterwards on the basis of experience and confidence.
Remember this might take 3-4 months but just focus on it e...
@rishi004 short selling is a term used when we focus on market price to get down. The basic concept of it is "you borrowed a share from your broker like groww and sold it on higher price then on same day you purchased it on lower price and returned it back to your broker". So at ...
@tradersvenue and crypto??
@tradersvenue forex legal in india??
Doesn't matter its stocks or index, concept of price action is same everywhere only volatility differs. Just focus on learning price action, phycology and risk management and you can apply them anywhere.
I would suggest you to exit the trade as soon as market opens doesn't matters it's gap up or down and start with fresh trade, small capital with stoploss to average the losses.
Just open nse website and go through nifty 50 stocks. Then filter them out on the basis of price action
If you are beginner you might not have proper patience to hold loosing trade or to hold till target. So i would suggest you to choose 5 minutes or 1 minutes for initial days.
20 thousand is a decent amount and enter with either 2 lots only or 100 quantity only (whichever suits you over a week). Follow proper risk management and focus on surviving in market instead of earning. If you are complete beginner focus on scalping. All the best👍