One of the best forms of PA action is not to predict but to act on the price, chart tells you where, when & how to act on price. Wait for the decision points on the chart to act else don't trade.
E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will short else you won't.
John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve.
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Subhagghosh Your analysis is helpful and encouraging. Thanks for your kind support
subhagghosh
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if market is able to hold 35k +, don't worry then.
if 35k doesn't holds, it's better to exit
don't trade blindly, option premium is quit high due to high vix.
trade carefully in next few days.
VeerlaKiranKumar
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@subhagghosh, thank you! what is MTM loss? It is showing -37490/- but my P&L showing -3200/-. Which one is my actual loss?
I spent 15000/- ( 50 (25+25) shares in 300/- CE at 36000/-).
Hello sir! I hold 36000 CE. Please can you suggest me do I have to hold or Sell? I’m beginner and this is first time that’s why I’m getting tension. Thank you
subhagghosh
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Will post during weekend.
nandish73
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you always used to write what you feel , which side has the high probability. looks like first time you have not mentioned your viewpoint..!
arunvasu20
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@nandish73,Mr.Subhagghosh purely technical and best price actioner in the market.