It’s just when you trade with some good quantity then there is real element of risk and person have to be confident to take the trade. Otherwise anyone can take random bet on either side put a bracket order and hope for the best.
2 Likes
I already told you according to 1% risk ,I set stock quantity (position sizing)
Once I have enough money, I will trade with larger quantity.
It is not random trades.
This stock has daily and weekly trend aligned.
Trading is not about taking risk, it is all about risk and emotion management.
In my trading plan, once criteria is validated by setup then I will surely trade.That time I will not think about it emotionally. ( I m confident or not)
Buy Marico tomorrow at market opening target @ 317.5 SL 312
1 Like
True, that’s why there are buyers and sellers at each price and the stock market continues to exist.
How you are placing stop loss and target price. 1:2 or 1:3 ratio? Trailing stop loss ?
My risk to reward is 1:2.
SWING trade Set up for 1 feb,2018.
3 set up.
- reliance
- ongc
- icicibank.
blog: https://prostocktrading.blogspot.in/2018/01/swing-trade-set-up-for-1-feb2018.html
Hi, i am not getting what is breakeven price. Can you convert this to BO order in Zerodha and explain please.
once price reach that price ,move your stoploss to your entry price.
We get risk free trade.Even price retrace back to entry level our stoploss there will be triggered and we get out trade with no loss no profit…
How u can configure in zerodha. I could not find that option breakeven price
Swing trade are delivery (CNC) TRADE.
Once your order execute,
Then place daily sell stop order as STOPLOSS and
Sell limit order as target.
Once price reach breakeven price.you can set price alert in investing.com
You will change STOPLOSS price to entry price while I placing sell stop order.
For example.
You bought @100
Stock target is 200
Trail price is 150.
STOPLOSS is 50.
So daily basis place sell stop of 50.but once price touch 150.
You have to place sell stop of 100 rather than 50.
In both cases your target ( sell limit ) is 200.
Today Bracket order and cover order may not be available.
It impact my trading strategy more.
So please be cautious if you are using them in intraday trading.
Such small trades is not even possible in himachal as it charges 50 rs stamp duty per day for trade.
Today is budget announcements so there is probability of very high volatility. Zerodha may not allow to use bracket order or cover order to trade intraday margin positions.
If you can’t track stock price whole day, then avoid trading stocks for today.If you can track price then use MIS orders to place intraday trades.
- AUROPHARMA-SELL
- INDUSINDBANK-BUY
- POWERGRID-SELL
BLOG POST:https://prostocktrading.blogspot.in/2018/01/01022018-stock-list-to-trade.html
INTRADAY TRADING REVIEW
Due to unavailability of bracket order, I have not taken any position today.But if someone have traded using MIS order then Result will be…
TOTAL: 2R profit
SWING TRADE REVIEW:
Due to high volatility , 2 out of 3 trades executed and closed with loss.Every trader has to deal with this type event situations.
SWING TRADE SET UP FOR 02 FEB,2018
BLOGPOST:
SWING TRADING JOURNAL:
What is 2R ?
2 rs ?
r=risk in rs. per trade.