Day 34: What a bad day it has turned out to be. Market gyrations has given me losses for all the trades taken. The algo was correct, the logic captured the direction of the market, however the intraday pullback of the market was beyond its normal limits (or as per the set calculated limits over a certain time) and kept hitting SL everytime. Took four trades, all...
All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 in first target. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions SL 1Hr candle close only, Target Trigger Price
Day 33: Good day but did not turn out good for me today. Algo gave me entry in the morning, turned out profitable, but subsequent two entries took away all the profit. Overall a negative with minor loss. Progress: Stuck to the algo even when was sure that we are near the support and should have taken profit. So, no manual trading today. Learning/ to ponder: When...
Day 32: Day opened good, however could not sustain bullish momentum and gave up all the gains. Algo waited till it got the pullback. First trade turned out to be loss making as market played mischief and got me out. On the second trade also market tried to play mischief but the sellers were very strong and did not allow it to go beyond my SL and hence was saved....
follow levels and trade according to it. do not trade without stoploss , stop loss is real friend of traders. we are the only India channel which got two tradingview community award.
follow levels and trade according to it. do not trade without stoploss , stop loss is real friend of traders. we are the only India channel which got two tradingview community award.
Day 31: Day opened bullish, my stock opened and immediately ran up to its high point. Algo did not trigger as it is deisgned to get in on a pullback. Got an entry; market tried to cheat but could not succeed and was saved. However later on the market cheated and threw me out with a minor profit. Algo again got triggered but in the wrong direction, suffered small...
Day 30: Made a mistake today. Market was bearish in the morning and algo took a position which went on to be incorrect. Again algo took another position and this also turned out to be a loss making trade. After the fall over last few days, I was bullish while the algo signals were all bearish. So, after two wrong trades by my algo, I thought let me take the next...
stock bounced many time on support created lower high and close below support NOTE: only for educational purpose RULE: 1: always trade with stoploss 2: decide your risk per trade and per day 3: believe to your analysis 4: stay positive and keep patience technical analysis + money management+ physicalogy = successful trader pls like and share
Completely different charts structure, highly underperforming when bnf @ near ath Now it's outperform bnf in crash Please follow if you like my afforts.
Day 29: Good day today. After falling for almost week, market took a breather and the bulls tried to put a stop to selling. My algo got me into a bullish position in the morning and the momentum gave me my target pretty soon. Had to be away so did not trade later on, but the algo did very well on paper trades. Had a not so good day yesterday and was not feeling...
This bank is caught in a 10% range box from almost 4 months now. This is the 7th time stock is near to lower end of the box which indicates weakening of support. NSE:INDUSINDBK is now ready to move out of this box.
This bank is caught in a 10% range box from almost 4 months now. This is the 7th time stock is near to lower end of the box which indicates weakening of support. NSE:INDUSINDBK is now ready to move out of this box.
Day 27: Another trending day. Algo gave good entry and exit, perfect as per coding. Progress : No chasing/FOMO/anxiety (well almost) Learning : Need to chase profit and not let it slip away, market is supreme and smartest of all. Money is more important than getting the math right. Will chase with TSL manually when putting a stretch target.
Day 26: It turned out to be a good trending day today. Right from the morning the market decided to fall and kept falling. Yesterday I had tweaked my algo to take entry on pullback. Unfortunately, the morning pullback was not strong enough to get me a signal, so missed the morning trade. However, algo caught the afternoon pullback and gave me a good profit of...
Day 25: Another Monday after a weekend, however, now I don't feel the pressure of being wrong because I was out of sync with the market due to the weekend holiday. Now it seems the faith on the system is taking over and the thought never occured to me that its Monday. I just let the system figure out the signals and let it work. I just sat in front of it and just...
Indusind Bank has been moving in a rising parallel channel from 23 January 24. The difference between the lower trend line of the channel and the upper trend line of the channel is Rs 122 to Rs 130. On April 19 it bounced from the lower trend line. If you feel like taking a chance you can buy and look for an upside of Rs 90 atleast.
Day 24 of DayTrading: Let the algo run from morning. Did not tinker with it the whole day. Algo gave correct signals, however the market volatility got me and took away my profits. During the day, had the feeling that now I shoud stop the algo since I was in profit of >1%, however, let it run as I need to develop faith on my algo. Overall, an OK day, but the...