Tuesday, May 20, 2014

20 - 05 - 2014


TRADE1:

Long on BO of DO, PDO... long above 6310 with initial SL 6298
Exit at cost

TRADE2:

BOF of PDH, Short on break of BO candle lower extreme.
Short below 6310 with initial SL as 6316 (PDH)
Trial SL hit at 6285

Points earned: +20



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2 comments:

  1. AJuly 7, 2014 at 7:20 PM

    Hi RM,
    I have trouble in stracthing the trade? You are doing this good and your trailing the profit trade excellent. i know you are having good experience in market. Please help me a way to do this stracth and trailing profit henceforth i will practice this?

    Regards
    C.Arunkumar

    ReplyDelete
  2. Only NiftyJuly 7, 2014 at 8:31 PM

    Arun,

    DP trading is simple.. spend some time in understanding the concepts in NiftyNirvana blog.. if you haven’t fully.. use Check List to identify low risk, high reward trades.. do paper trades for a month.. compare your trades with ST sir one’s.. at EOD.. slowly u will understood..
    Feel free to raise your queries regularly here.. i will try to answer with best of my knowledge.

    ReplyDelete

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