@saahilchopraa yeah that too only if it retraces
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January 2023
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@saahilchopraa okay.so placing half of the quantity is good.
low volume at breakout candle.couldnt take position here as it might move sideways
i suggest you do paper trading only till you achieve profits continuously and test your strategies.You have to take profits in any direction the market moves, sideways or trending and volatile also.Happy trading.
Super entry ticket
Lookout for the stock fundamentals,if they are good u can hold ,also u should place a certain amount as stoploss and exiting there is better idea.later,u can invest in some other better companies at right time means when it was corrected from its high and performance of fundament...
U have to work more on how to set stoploss for your trade, it's good to hear that you see hitting your targets ,But not before stoploss.so,you learn more about some fake breakouts,stoploss hunts and place /modify your stoploss.
U can confirm by checking the volume on breakout candle in the timeframe u draw that trend line.breakout with huge volumes can be a true breakout and breakout with low volume is not considered a breakout and wait for proper entry.
First do paper trade and the results speak.only the results tell you the more about you in trading.
@aishwary8109 compared to options futures is less risky.
• Sep 26, 2023 5:34 PM
Bank nifty making descending triangle pattern.watch for breakout.
Option trading is too risky,instead try futures
Those tweezers are not the perfect one. looks like some indecision out there.
It was in downtrend
A nice doji at some high/low point is good for Exit.
• Jun 21, 2023 3:21 PM
Bank nifty 15 min time frame at the verge of breaking this trend line ,can trade at this point if breaks above the trend lin...read more
• Jun 13, 2023 5:50 PM
What are the reasons for losses in trading? Personal experiences are invited. Let's learn from our mistakes and others' experiences.
It might go down,I guess😏