vanathi

Consistent Trader - Chapter 3

Education
NSE:CNXMETAL   NIFTY METAL
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Market structure keep on changing as per the participants mindset and sentiment. The way a trader handles his trade changes according to that For
example, if you are driving in a highway, you can drive fast. Inside the city you are not allowed to drive fast.
Similarly, according to the market structure you have to use your trading strategy, risk management and trade management. Sticking to one strategy in all market conditions wont make a trader money. Understanding market structure comes by experience, but developing it depends on the trader’s
flexibility.
For example in an extreme bullish market, buying when the price breaks the resistance is right and profitable. In normal bullish market, buying at the support is profitable. Because of over confidence about his strategy and believing his strategy is a holy grail an intermediate level trader applies the same strategy in all market conditions (Please refer to chapter – 1 to know about intermediate level trader).
Are you struck with one strategy or one trading style?
Do you believe your strategy is supreme?
Well it is time for you to rethink about it now.
(To be continued next week...)
Success Log.For live maket analysis follow me in telegram. https://t.me/Analysis4Newbie
To learn about system trading, https://neomechanicaltrader.home.blog/

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Mam what is ur email address for subscription?
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Great ma'am ....on 1st low...
all up for it
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Great insight!
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This is a great insight.
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Your wisdom / experience revealed it all... Me the intermediate trader...
What next...
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🙏🏼🙏🏼
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vanathi devagazipur
+1 Reply
Good one..
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vanathi feminarias
@feminarias, Thank you.
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Helpful content
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