Important 10 things to know regarding #NIFTY50 & #NIFTYBANK .
Whose are practicing or taking other's call,
1. Try to maintain 1:2 risk reward ratio. At least
2. Go with in the money strike price.
3. Chose next expiry calls on the day of expiry.
4. Stay away from Zero to Hero strategy.
5. Follow your risk management.
6. When market will move towards the target, just trail the stop loss but keep the position and do not exit.
7. Minimise your dependency on indicators. Cause naked candles looks more beautiful without it.
8. Basic price action is more than enough to make you profitable.
9. Don't think about the trap for that your sl is there.
10. Have faith on your analysis and never stop learning.
Comment Or DM your opinion on it.