ShreeKrishna

Long Set Up

Long
ShreeKrishna Updated   
NSE:MRF   MRF LTD
One can wait for 2 Hour Strong Close before entering in trade and Look to book near the forecast
Trade active
Comment:
People , Just dont buy or sell because some is Posting here or some is Giving a Call in Telegram/ Whats up Channel ,
1st determine what is your buy set up ?
What is your alternative view in case you bought as per your buy set up and trade failed ?
What is the risk level ?

Trading is not Just entering Trade with random feelings , its all about Plan , preparation , and meeting the success with highest Probability

I must have encountered more than 200 Personal Message asking me what to do ,

My friends i cant do anything for your errors , but what i can do is i can give you my personal opinion how you can handle your errors which have already occurred

99 % of people who are in this Trading view Community think they can follow anyone and take trades without any proper plan , and eventually they end up in wrong trades more than the right one ,

Plan your trades and wait for proper set up to form ,
Comment:
One can book the profits from 61400 to 63150, long term view is still intact put the stop in Profits and let it go , if your stop is hit ignore it and then buy again with buy set up
Comment:
it splashed out , we did got out with trailing stop , cant help
i will consider again for re-entering after this brief correction complete
if possible i will update here

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.