Indrajit08

The best trades work almost right away.

Education
NSE:DIVISLAB   DIVI'S LABORATORIE
A breakout trade will work almost right away from the start, if the breakout happens with huge momentum and then you see Doji candles or hammer then there is a problem with follow-up. A bullish breakout must always be accompanied by a good follow up, else it cannot sustain. Bullish breakout needs good bullish candles, not Doji .


Note-As soon as you enter a breakout trade it has to work within 15-20 days.
If it does not move with huge momentum then exit it after 15-20days with whatever the result may be, don't wait for the stop loss to hit or for your target. The above rules apply only to Swing trade and breakout trading.