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linkon7

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Everything posted by linkon7

  1. I used to have this same problem. Only way to come out of this to trade the smallest qty allowed by the exchange. Now the fear of end result is out of the mental system since a win or loss doesn't really affect the capital. Now shift focus on execution. After 20 odd successful execution, increase the qty slowly... objective is to gain 70-90% of the execution as perfect as possible. Once the mind is used to trading the system, it accepts the fact that worst case scenario is stop loss gets hit. gradually increase the amount at risk...! But keep it to comfortable limits...!
  2. You r right Blowfish, there is no need to trade all the time but once u miss move, looking for reentries , may be i should have used Shapiro effect. Actually there was no conviction at all at open..it was open Auction so i tarded both sides Trade(scalps) , made money..bt its Point2 in earlier chart..where Skew +ve bt price moved below Vwap n Pvp..i got Whipped there n ended day with loss :crap: btw here is how it closed..from point 2..moved +30 points. @ ammo ...in HNS shouldn't be ..head higher than both shoulders..here its opposite. Thanks guys..
  3. Im having lil difficulty in understanding this, attaching chart of Nifty Future( Index Future traded @ NSE India ) Please answer my queries, 1) as one can see skew is +ve in chart but price is below Vwap n one point also below PVP--- how to trade this ? i have made notes while Reading these threads where i noted that in these situations ..trades should b done into Low volume region with range extension..don't remember exactly which thread that was..can u explain this again and 2) mark at Point 1...so far skew is +ve/price above Vwap n im looking to enter long..if i enter @ Vwap( point 1) should i put my stop @ today's PVP or should i scale another lot @ PVP..n in that case what should be my stop or reverse method..coz i think buying another lot @ PVP ..it would be naked long.. I hope Jperl is around..Great Threads Jperl, learned a lot form it..Sincerely thank u very much for your time Please reply.
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