BANKNIFTY INTRADAY for 23 Jan,20

Jan 22, 2020

Dont be a Bull. Dont be a Bear. Just be a Hare.

Jan 23, 2020

Note

Today's trade was a very quick trade (13 secs to be precise). At the open, I was not sure if it was going up or down, but when it showed signs of rejection at Uzone, I entered mid way at the end of first min and was out when it touched the LZONE 13 secs later.

prnt.sc/qrlont

Jan 23, 2020

Note

any Newbie's takeaway: I made a loss once in BIOCON fut around 2016 of 18000/- with an account size of just 80000/- (imagine my risk margin to account size), an impatient trader that I was back then didnt even know what a reversal looked like or what was a trap market. My father, an expert rummy player (offline or online, he might lose a battle here and there but he always wins the war) gave me just one advice, "Never try to win the game itself"

Basically what that means is, one does not try to win the markets or aim to be right after entering every trade, instead one waits for the markets to be right and then only tries to win at making right trades or making money.

Looking at the both indexes right now, I believe trading more would only aim to winning the game itself. So, unless you see something which satisfies your positional view on the market, from The_RedTicker's side its strictly avoid. Lets test our skills tomorrow again.

Jan 23, 2020

Note

P.S: Its still giving perfect reactions at zones, just not a day to be risking money.