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#13
14th May 2007, 08:59 PM
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Re: Technical Analysis terms usered generally
I think its not wise to generalize here, without a trading plan its impossible to generalize on anything in trading.Whats optimum for one style isnt necessarily for another like pyramiding.If you trade according to a plan, then there is no 'early exits', no 'extra points' to be had.Simple as that.
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#14
14th May 2007, 10:14 PM
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Re: Technical Analysis terms usered generally
Hello C.V and Winstonn,
thanx a lot for your illusrations and guidance. I see some light at the dark tunnel of my trade now, with which I'll try to tread carefully avoiding fatal falls. * A trading technique taught to me will be remembered all along. With regards, instaalert
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#15
14th May 2007, 10:45 PM
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Re: Technical Analysis terms usered generally
Hi Instaalert,
i have seen your bharti short trade, please go through the attached chart. i have shown ur entry , and explained my exit method, did u read RSI I and II exit methods, since, after ur short trade, the down trend was very weak, RSI I exit made money for u, and second time u were hit by breakeven stop, had the trend been strong, u would have booked profit at RSI II exit point. ~Winston  Last edited by winstonn; 15th January 2008 at 08:27 PM.
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