AXIS BANK : Swing Pick !!!
Method:
Simple Symmetrical triangle breakout
Risk management:
Risk only 2% of your trading capital.
Enter 30% of your position at CMP and if the trade goes in our favor then execute your remaining 70% position.
Be patient. Don't bet too soon.
If this trade goes wrong then you will lose only on your 30% position.
The whole idea is to lose less money when you are wrong and to win more money when you are right.
Mindset:
Note= Trade with probabilistic mindset, no matter how much analysis you do there is always a y50-50% chance.
Our main objective is to '' Cut your losses short and let your profits run.''
Remember to be profitable you don’t have to be right every time,
you just have to be right big and wrong small.
Method:
Simple Symmetrical triangle breakout
Risk management:
Risk only 2% of your trading capital.
Enter 30% of your position at CMP and if the trade goes in our favor then execute your remaining 70% position.
Be patient. Don't bet too soon.
If this trade goes wrong then you will lose only on your 30% position.
The whole idea is to lose less money when you are wrong and to win more money when you are right.
Mindset:
Note= Trade with probabilistic mindset, no matter how much analysis you do there is always a y50-50% chance.
Our main objective is to '' Cut your losses short and let your profits run.''
Remember to be profitable you don’t have to be right every time,
you just have to be right big and wrong small.