@chetansuri17 Say for example my strategy is that I draw Supply and Demand zones and than when price comes to that zone and forms - Bullish Engulfing/Morning Star/Pinbar , I buy and for the opposite I sell. How can i code this?
Brother you sl should have been above the pinbar with some buffer. Because that was a resistance/supply zone. You kept you SL wrong and that is why it got hit.
Just think it this way that if the trade is of your setup and according to your rules and you do not take it, then you can lose significant profit if that trade hits your TP and you did not enter it.
@marwadiadvisor19 Accha mtlb koi Banda kaise bhi seekh le? Bina equity me practice kare koi Banda options kar sakta hai kya? Ek path to hota hai seekhne ka.
@shanurana2331 Hedging will also decrease you profit but if you hedge correctly you can manage your risk efficiently. For ex If you buy a stock hoping that it will go up but it goes down and eats all your profits. In this case what you could have done is you could have shorted it...
@marwadiadvisor19 Kitna illogical answer hai ye. Kisi bhi objective ko fulfill karne ka ya skill seekhne ka ek roadmap hota hai. Uska matlab ye asli road ki baat thodi hoti hai. Uska matlab ek structured way of learning hoti hai. Baato me logic nahi ho to reply mat kiya karo.
@dhruv99999 Bhai tumne gold ka sell recommendation de rakha hai aur tumhe itna bhi nahi pata ki chart kaise open karte hai, timeframe kaise change karte hai. Great 👍