Good morning,
Today's JN SAR - 5404 Day Pivot - 5616
Holding one lot minifty bought @ 5629 with sl of 5609 . Will exit after 5-10 mnts. if price trades below my stop loss. In opening there might be volatility so I will wait for 5-10 mnts.
10:15 Price is above my stop after 15 minutes. SS cross over is clearly seen now. Holding my long.
11:02 SS lines are overlapping to give negative cross over. I may need to exit my long if cross over is seen clearly.
11:08 Negative cross over seen. Exited my long 5614. Loss of 15 points. in this trade.
I am very much confident that price will go up. But rule is, I should exit when reverse cross over is seen irrespective of profit or loss. So exited my long. I have lost lot of money trading with out discipline - so now I am fallowing rules to protect my remaining capital.
1:21 Positive cross over seen in 30 mnts. chart.
1:33 SS lines are overlapping in 60 mnts. chart.
1:42 Positive cross over seen bought 1 lot minifty @ 5620 sl 5595
Today's loss is 15 points
Total 114 points profit per lot this month in 6 trades.
(This profit / loss points calculation is distorted as some trades are with only one lot, next month I will try to put excel sheet with actual trades including number of lots.)
Total trades closed in profit : 29
Total trades closed in loss : 15
Today's JN SAR - 5404 Day Pivot - 5616
Holding one lot minifty bought @ 5629 with sl of 5609 . Will exit after 5-10 mnts. if price trades below my stop loss. In opening there might be volatility so I will wait for 5-10 mnts.
10:15 Price is above my stop after 15 minutes. SS cross over is clearly seen now. Holding my long.
11:02 SS lines are overlapping to give negative cross over. I may need to exit my long if cross over is seen clearly.
11:08 Negative cross over seen. Exited my long 5614. Loss of 15 points. in this trade.
I am very much confident that price will go up. But rule is, I should exit when reverse cross over is seen irrespective of profit or loss. So exited my long. I have lost lot of money trading with out discipline - so now I am fallowing rules to protect my remaining capital.
1:21 Positive cross over seen in 30 mnts. chart.
1:33 SS lines are overlapping in 60 mnts. chart.
1:42 Positive cross over seen bought 1 lot minifty @ 5620 sl 5595
Today's loss is 15 points
Total 114 points profit per lot this month in 6 trades.
(This profit / loss points calculation is distorted as some trades are with only one lot, next month I will try to put excel sheet with actual trades including number of lots.)
Total trades closed in profit : 29
Total trades closed in loss : 15
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