It takes a lot of patience & preservance to enter/exit any trade at predefined point.
Like today, since last 15 days i m trying to concieve in my mind that maximum value is offered when trade is taken at sweet spots.
today also, i came to trading thinking that i will enter in longs when nifty comes to any of sweet spots, but i entered in trade by 13 points early,
and later in the after noon i was offered a lot of sweet spots for entering longs in nifty.
so, i m giving only 3 star rating to my today`s entry ( because in the end it +ve)
But,
it could have been a 5 Star rating if i had only waited for nifty to came near hourly mSAR or at 10 min + n=21 mSAR.
i will try it tomorrow to enter a trade for 5 Star rating.
another good thing, i didnt traded with all my funds today, i kept 50% funds for entering when nifty hits daily mSAR / sweet spot. (looking at dow as of - looks like tomorrow could be that day)
Keep
Smiling
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