DIG DEEPER TO FIND WATER & NOT WIDER -P.M.PATEL
Showing posts with label mSAR sweet spot maximum value entry exit. Show all posts
Showing posts with label mSAR sweet spot maximum value entry exit. Show all posts

Wednesday, April 7, 2010

Mastering the art of Entries & Exits.

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