Tuesday, September 22, 2009
Tuesday, September 15, 2009
trades of 15.09.09
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Since morning nifty was going only one way.
Naga also gave buy call at 10.10 at nf=4840.exited due to system said so. (today i was using swing n=2)
but should have Re-entered.
Naga gave sell nf at 4886 at 11.45. with sl = 4900/4902
(my thoughts : should have taken)
i couldnt saw that after 1200 hrs nifty was only making lower low n lower highs,
any ways , from tomorrow i will try to system only.
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Reasons for starting this blog.
Here are the following reasons for starting this blog.
1. Record keeping of trades to sharpen trading skills.
2. Record Entries & Exits.
3. Reasons for Entries & Exits.
4. Permanently save 5 day yahoo chart & Nse chart.
5. Avoid Mistakes Done once.
I will be following kplswing system for trading
with 5 min chart &
swing N=3 (3 being Gann Favorite).
My target will be only 10 points. my SL will be 5 points / previous swing low.
as this will save me from all sort of Greed & Fear.
As perfecting art of collecting 10 points can work wonders on long term basis & with large qtys only this will work.
Just calculate that how much can one make if one takes only 2 trades a day with 10 points for all month.... (yaa, thats pretty cool)
1. Record keeping of trades to sharpen trading skills.
2. Record Entries & Exits.
3. Reasons for Entries & Exits.
4. Permanently save 5 day yahoo chart & Nse chart.
5. Avoid Mistakes Done once.
I will be following kplswing system for trading
with 5 min chart &
swing N=3 (3 being Gann Favorite).
My target will be only 10 points. my SL will be 5 points / previous swing low.
as this will save me from all sort of Greed & Fear.
As perfecting art of collecting 10 points can work wonders on long term basis & with large qtys only this will work.
Just calculate that how much can one make if one takes only 2 trades a day with 10 points for all month.... (yaa, thats pretty cool)
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