TRADING JOURNALS

How our live trading posts work?

1. I shall be posting list of the stocks that are on my watchlist post market opening.

2. If a particular stock satisfies the requirements of my strategy then I shall post the screen shot of the same along with details like price, qty , target profit and stop loss immediately after taking the position.

3. I shall post screen shot again if I meet with target or stop loss is hit or other reasons if I make exit from a particular trade with detailed explanation.

How our strategy works ?

1. Trader needs to look out for breakout from the triangle .

2. If the breakout from the triangle happens before the 12:30 pm then take the position immediately and aim for R2/S2 whichever the case may be, as the target profit

3. If the breakout from the triangle happens after the 12:30 pm then take the trade and aim for R1/S1 whichever the case may be, as the target profit.

4. Stop loss would be the black line inside the triangle but it can change if I identify any candlestick pattern or support/resistance line or any suitable strategy where there are high chances for the trend to be reversed and such signals will be identified and respective observations will be provided and explained clearly.

5. Aim is to always minimize losses and to be disciplined in my approach.

6. I will not be taking new trades post 2:30 pm.

Note : If price breaks previous day's high or low then I will be considering those stocks on my watchlist as there is more potential for good rallies