CHART SHOWING ACTUAL TRADES
CHART SHOWING IDLE TRADES
(HINDSIGHT VIEW)
Today also, i was trying to control my greed to enter into trade when i see a channel after break. You can see my greed on chart, in all trades, i have entered on the same candle on which i have exited.
It is quite difficult to follow the simple rules but if you could able to follow them, it can convert the situation upside down.
Nice 3rd trade. Greed will gradually ease out.
ReplyDeleteDear DP Trading,
ReplyDeletePlease avoid finding channels in all situations. Channel is a rare occurrence in Nifty and in DP Trading all levels are horizontal levels and ST himself denied use of channel for entering any trade. Once a channel is identified, it can be used to manage already entered trade. Best way is to avoid searching for channels and once a channels is identified, stay away unless price comes out of the channel.
Regards,
Dinil
Thanks Dinil & Charles.
ReplyDelete