Wednesday, 4 January 2017

Bank Nifty Future 04012017


I took one trade as marked.  It was BPB of range low which yielded very little profit.

In Nifty there was no good setup to trade.  It traded in roughly 30 point range whole day.

In a lull period like this where prices refuse to move, it is very much essential to learn how to skip mediocre kind of setups, sit tight doing nothing and trade with the less risk.  

4 comments:

  1. URD,
    Agree . 'sit tight doing nothing' is one important virtue i'm learning from you people (you & Rose) ...thanks for the post ...

    Earlier I used to wait for ST(Rajesh's) post ... now im waiting for your post...

    thanks for the post . . .
    :-)
    zen

    ReplyDelete
  2. Sir wright a post on "where to exit n scratch" means what clues we get to exit the trades.

    Naveen

    ReplyDelete
    Replies
    1. Naveen

      I have discussed that in my video tutorial in detail. Go ahead and subscribe to it. You will learn everything about day trading with price action and DPs.

      URD

      Delete