@ankitprajapati-Hk-zD_X8j I have to journal the mistakes
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February 2024
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• Sep 22 9:59 PM
Trailing SL vs Scaling Out which one is better for Swing Trading? and how one should trail sl or scale out ( on percentage basis or ratio basis or a...read more
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@bibhashch I go for minimum 1:2 and put my sl just under previous low or support and where can I find more advance trading knowledge?
@omkarsule roughly 6 months
@omkarsule you are right but I took entry before the channel breakdown after the formation of high volume green candle
@avijit0115 I check lower timeframe but usually don't pay much attention to lower timeframe because people say that the higher timeframe is more accurate
@nitheeshnas but I entered after the retest
@omkarsule firstsource solutions limited (fsl)
@omkarsule ha bhai daily or weekly time frame par bhi breakout hua tha
@deenybhai which time frame 1hour, 30 minutes?
@omkarsule oh ok but the volume in red candles was very weak so it clearly shows that the buyers are dominating. Btw best of luck for your future 👍
@vishalkumarprasa actually it's a swing trade so no oi data is needed, it's Daily timeframe and the volume was also huge in breakout candle and the candle after that so I didn't trade based on just candles
@omkarsule but volume was huge in breakout candle so I thought it was a real breakout
@drickology I trail sl after 1:1 is achieved but it hit sl before closing above 1R
@scalperpro I knew about fed interest rate cut but It was a swing position which I took 2 weeks ago
@rahulgaikar007 I made entry after restest here
@sagarwahane how can we know that the rally is now over and price is in downtrend because the price might be consolidating after an uptrend before giving another rally?
@rahulgaikar007 but 1st candle gave breakout then 2nd candle closed above the high of 1st candle. Am I missing something?
