St da,
Just looking at these things. They work against holding positions.
Was just checking if the last thrust is strong against our position then its better to close the position. Something like may be if we are closing 60% up from lows or only about 35-40% of our SL level s still pending. Or in other words we havent hit our SL level but closing more towards our SL level than the lows in which it was. Then reopen/evaluate it next day.
Irrespective of even if have taken multiple day carries.
Also sometimes market always have tendency to move against our direction during closing/opening hit stops and then again move in our direction during day. In the day here provides better entries and overnights are generally against direction. Such patterns are also seen manifesting day after day. Such patterns may continue for some period.
Just looking at these things. They work against holding positions.
Was just checking if the last thrust is strong against our position then its better to close the position. Something like may be if we are closing 60% up from lows or only about 35-40% of our SL level s still pending. Or in other words we havent hit our SL level but closing more towards our SL level than the lows in which it was. Then reopen/evaluate it next day.
Irrespective of even if have taken multiple day carries.
Also sometimes market always have tendency to move against our direction during closing/opening hit stops and then again move in our direction during day. In the day here provides better entries and overnights are generally against direction. Such patterns are also seen manifesting day after day. Such patterns may continue for some period.
