When Automated trading so called algo trading started we anticipated that there will be differently change in the pattern formation and now we are finding it more often then in the past
What is most dangerous to retail trader is that they can not identify such changes on real time , I get every day messages of the retail trader who stuck in one stocks or Futures ,
Today one must able to recognize these changes and exit the trade with or without small loss ,
This scrip We ware expecting this will make an straight move but it entered in a complex
structure which is so difficult for even the expert in the pattern identification ,
I am noticing a change in the pattern occurring in this scrip one can wait for proper reversal to trade with in this channel
What is most dangerous to retail trader is that they can not identify such changes on real time , I get every day messages of the retail trader who stuck in one stocks or Futures ,
Today one must able to recognize these changes and exit the trade with or without small loss ,
This scrip We ware expecting this will make an straight move but it entered in a complex
structure which is so difficult for even the expert in the pattern identification ,
I am noticing a change in the pattern occurring in this scrip one can wait for proper reversal to trade with in this channel
Comment:
i did tell you Jack Jack , its coming down , and you didn't listen
Trade closed: target reached:
i am updating as target reached , in fact we had sold at 184 and now today we booked our 2 lots of Futures contract @153.70
We made 30.30 Points in it , now i am not looking stay in as short seller ,
i will wait for this correction to complete
We made 30.30 Points in it , now i am not looking stay in as short seller ,
i will wait for this correction to complete