Easy trading with Charts

#12
Trade Charts of the day










LT the price broke above the resistance but why take risk. Golden rule says there is always a better tomorrow. Trading between support and resistance gives less points but chances are it will stop one from overtrading, Guessing, gambling and lot of other mistakes which can take the hard earned capital for a wild ride.

Read somewhere "Learn to wait for the trade to come to your trading setup" how true and best thing i learned take less but let it be a habit because profit is profit:)
 
#14
Hi,

Main area to focus is on the previous day closing. Last 2 hours matter because that will tell you where the stock might go. 15 Min, 30 Min & 1 hour should be bullish or bearish also check if any stock is trading in a range for 1 or 2 days a range breakout either side might happen which can be your trading day, Time taking but worth.

Main thing to remember when you choose the stocks for trading don't expect them to move as per your expectation otherwise that will put a restriction on your trading decision. Go by your trading setup you use. If your trading level tells you its going down you short if it's up you go long. Price action matters, But yes picking stocks helps as they might give you a momentum or a direction which you can easily trade.


Check the stocks which are put here for trading, I will try my level best to put the stocks everyday for all those who are facing difficulty in choosing some stocks to trade. Only thing is please trade with your trading setup don't compromise on it. If your setup works then let the trade come to you follow the stop loss and those who are not confident please track for sometime. I will be more than happy to help anyone who need it.

What i learnt is from those who were willing to help me without any selfish attitude or motive so am just following the same :thumb:
 

toughard

Well-Known Member
#15

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