I have marked the buying zone on the chart..the buying zone is based on the ATR...which is the green line marked on the chart..We enter when the price comes back to near its average traded price....follow stoploss...(should hold for 5 min)..All the best...Note I try to loose less..and make more profits.
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WE ENTERED NIFTY..ENTRY..Remember you risked X amount..your tgt should be 1 X or 2X..
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Will our stoploss hit or tgt hit???I dont know..I use maths ...stoploss hit ,Our loss is minimal...tgt hit we we risked X...we got X...in other words we risked 1 rupee ,we got out 2 Rs( 1 risked came back...and we made 1 Rupee(or 2)
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Lets keep track of our profits and losses..Making money is of prime importance..DUH.Tracking from today..
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Entered BankNifty too...Fingers crossed..
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See..you are either a safe trader or a Aggressive one...safe traders stoploss is the previous 15 min candle low(5 min holding) broken.....Aggressive traders stick to original stoplss...
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Please do some Relaxation methods
...mind set ..trade set
...mind set ..trade set
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still holding ...
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three ways you can exit..1.safe traders....1X profit...get out. 2.previous 15 min low broken closed for 5 min. get out till then ride . 3..2X profit get out
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If my trades are helping you....feel free for questions.......Also you can donate coins in tradingview which will take care of my subscription in trading view..and ..To compensate for my time..Or just wish me luck..Thank you.
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safe traders should not keep positions overnight
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Yay...Bank Nifty got 1x (100 points) ..profit 1500 rs. safe traders..Others lock at cost and ride to 2x plus
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Safe traders book profits= 1500 Rs....OThers lock at cost and ride...Yay..done for the day...finnifty=1200 Rs.....banknifty=1500 and NIfty 1500...Dukan bandh
Trade closed: target reached