Trading-wise

Jet Airways - Long

Long
NSE:JETAIRWAYS   JET AIRWAYS INDIA
Levels mentioned in the chart!
Comment: Reached target 1 and retraced. Trade with Strict TSL as per your R:R.
Trade closed manually

Comments

today jet airways is in news because of the resignation of goyal

Trading value comes , if we can predict before the news comes

also your risk reward is 1:1 , try making 1:2

just giving you advise , if you do not like - please ignore my statement
Reply
Trading-wise MAYA_MUMBAI
@MAYA_MUMBAI, Hi Maya,

1. Am pure technical player and i dont follow any news. Thanks for your update on the news appreciate it.

2. Reward points here is 39 points if it hits T2 and risk is 26 points. Is it 1:1 RR??

3. The break out candle yesterday covered 2 months of price action in one big green candle. In that case the R:R will not be great as most of the time R:R will not be in our favour. Hence low risk traders avoid taking these entry.

Really appreciate your comment. I strongly believe this is the way we can improve our trading. Your views are always welcome.

Cheers,
Shyam

Reply
MAYA_MUMBAI Trading-wise
@Trading-wise,

Thanks Shyam for your comment !
Reply
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