Hello all.
i don't know if it is right or not to start a journal here. but i have started this thread to keep my self disciplined
and learn from seniors. i am thankful to saint for showing us many great trading methods. here i will try ambush
trades and will also enter my reasons for trades at eod. will post trades in realtime as i take them.
i am not experienced in this kind of trading and i dont want to do paper trading so have allotted a very small amount to ambush trades.
Rs. 10000 only. if i lose this amount then i will stop trading. my risk per trade would be Rs. 100, so quantity will depend on stoploss.
i am using indiabulls so i have to square off intraday trades before 3 pm long trades can be squared of before 3.30 if i take in cash. but will square off everything before day ends.
entry, as saint says ambush, will use triangles, trendlines, pivots, reversal candle signals etc.
no adds for now. exit at pivots or near support,resistence or at reversal signals from candles. will also book partial profit if there is a good move.
hope to have a nice journey, and hope Saint and other seniors will guide me.
Mods, please tell me this is not a suitable place for journal.
SO