I generally wait for swing high formation to take position, for confirmation of signal. Just a psychological benefit. Professional traders don't do this way, i see them taking trades with minimal risk like 3-5 points maximum. Ex: Jagadeesh Chandra Kolli
Rose .. U r also a professional trader. The kind of systematic approach and discipline which you are following is the proof and of course your consistent profit also a proof. That really encourages.. Prabakaran
Of course this is a continuous process.. But example like u gave confidence to new traders like me, to put more efforts in this field to achieve something meaningful.
Rose.. Around 12.30 there was a BOF of BRN. The pattern was clear, why u waited for swing high to form?
ReplyDeleteRPKN,
DeleteI generally wait for swing high formation to take position, for confirmation of signal.
Just a psychological benefit. Professional traders don't do this way, i see them taking trades with minimal risk like 3-5 points maximum. Ex: Jagadeesh Chandra Kolli
Rose .. U r also a professional trader. The kind of systematic approach and discipline which you are following is the proof and of course your consistent profit also a proof. That really encourages.. Prabakaran
DeleteThanks Prabakaran.
DeleteLong way to go but :)
Of course this is a continuous process.. But example like u gave confidence to new traders like me, to put more efforts in this field to achieve something meaningful.
Delete