@swing_ka_sultan Resignation won’t fix anything but makes the people believe they’re being heard, specially under the present regime, that has no interest in coming and speaking to the public in open. When the government stops interacting with public, these things are bound to happen
@swing_ka_sultan Agreed.
A skill I’m also in the process of learning, but yes, keeping an open mind to whatever opportunities come your way is the most crucial skill to succeed in any business , not just trading.
Easier said than done though 😄
Another way of focusing more on the overall market situation than just being fixated on patterns and setups.
This is a great insight for anyone and everyone, whether you’re new or experienced. Markets offer many setups, it’s all about being aware of what’s working in the current situation.
Be more creative.
Very insightful, as always @swing_ka_sultan !
Almost 34% in 3 sessions. Booked most of it, gives me good cushion to take a few more risks. Will be cautious though and try and trade only the best setups as the market is still shaky, plus budget volatility will be there.
First trade after a long time. Small position here in HINDCOPPER. Ideal flag to trade (atleast in normal conditions) Sailing the MAs perfectly. Could give a quick momentum burst here
First trade after a long time. Small position here in HINDCOPPER. Ideal flag to trade (atleast in normal conditions) Sailing the MAs perfectly. Could give a quick momentum burst here
I absolutely agree. The point I was trying to make has been answered by you in the post as well - people have an inflated perception of risk associated with heavy sizes. I was also one of them, and slowly shifting my mindset.
I completely agree with you, entries and exits are just a part of the business but what truly differentiates your journey is the ability to take higher risks and be comfortable with it. That’s where the big money is for retail traders.
Heavy positions is something that makes majority traders (including me) uncomfortable. And I think that’s the reason people avoid this aspect of trading and keep focusing on improving entries and exits. Only after burning your hands multiple times you realise that it’s actually not what you’re seeking and the answer is truly in size. Ofcourse, with size comes tighter stops and the ability to face bigger drawdowns, which again is an uncomfortable topic for most
Meanwhile Lenskart is the only stock I'm eyeing. The weekly compression is looking solid, surfing the 20 well too.
@Simran6397@hb_stocks how is this looking to you guys?
@hb_stocks@Simran6397 True. Market looks very weak right now. I'll also be waiting atleast a couple of days to see if there are any signs of recovery and how this one reacts to that recovery