Small Profits Vs Big Losses.
So many Traders - Who said their Profits are Small - Compared with their Big Loss, Resulted in Capital Erosion. Many Successful Technical Analyst - have the same Problem.
In my early days - I used to take some Positional Calls - My analysis was - the Stock will give a handsome return - in short term. After a day or Two or even a Week, When the Profit was in front of my Screen, market movement or volatile scares me, force me to Book Profit. Later on I identified as an Early Exit. So my course of Action changed from Medium or Long Term to a Very Short Term - Its a Span of Few Days. Its like a Batsman Playing by watching the Score board at the edge of his Century with lot of Tension - Finally Caught Out by watching the Score Board, Failed to Hit his Century.
On the Other Hand - When the Stock - Make a Opposite Move against me, resulted in Loss, I allowed to Run it. Holding the loss for Irrespective of time and kept averaging. Of Course My chart also gave a Sell sign, I am still waiting for a Reversal.
Its an Unusual way for a Experienced or New Traders to get scared or be Patience when their Profit or Loss making trades running. Due to this dynamic nature of financial markets, traders are always darting in and out of the markets in a blink of an eye and to be able to make the right decisions, the trader must have a clear presence of mind and this by implication necessitates having discipline.
So a Good Trading Plan before entering a Trade is a Must. A trader must over come his Fear or emotions to follow his trading plan, of there is a lapse in his plan, every thing goes vein.
>>> Nifty Weekly Chart <<<
>>> Click the chart to see on full screen <<<
Its a Dragon Fly Doji and 20WMA on Support - Shows Bulls are Back Again.
>>> Nifty Daily Chart <<<
>>> Click the chart to see on full screen <<<
If this is was Price is making as H&S - then Expect a Rally towards channel top.
>>> Nifty Hourly Chart <<<
>>> Click the chart to see on full screen <<<
Above channel - Price to rally more. Remain Long.
>>> Bank Nifty Weekly Chart <<<
>>> Click the chart to see on full screen <<<
24800 Holding still and Dragon fly doji on chart - shows Rally coming.
>>> Bank Nifty Daily Chart <<<
>>> Click the chart to see on full screen <<<
25840 Possible above 25370.
>>> Bank Nifty Hourly Chart <<<
>>> Click the chart to see on full screen <<<
Support @ 25150.
>>> BHARTIARTL - We are LONG <<<
>>> Click the chart to see on full screen <<<
Hope for more Rally.
>>> KTKBANK - We are LONG <<<
>>> Click the chart to see on full screen <<<
Holding Long.
>>> STAR - We are LONG <<<
>>> Click the chart to see on full screen <<<
We are Long - Expecting Rally.
>>> Performance till 23rd Feb 2018 <<<
Above performance is not a Promise or guarantee for the given Profits or Loss.Performance given based on 1 lot at a time and clients Profit differ as per the margin availability and Number of Lots taken by them. We may or may not re-enter the Calls given here hit Stop Loss, as per market movement. The charts given above are just for educational purpose only and we don't recommend any Entry / Buy or Exit / Sell. Reader must taken their own decision or consult their qualified Analyst before making any decision
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