The signs of screwing up one's trade (Print & Pin beside your terminal):
Increasing position size --> Akin to violating the very fundamental of trading "it is a game of probability". it is like "Oh yeah, I am the only one who knows what market will do next, so let me size it 10x". Never mind, you are not alone, I am there, but on improvement path. This is among my last few (if not only) ill habits of trading, which gives me rewards, but cost my profit of rest 95% trade with gentlemen size. Never change the size, it is a game of probability, nothing is certain
Revenge trading --> Crime Master Go Go, aya to kuch leke hi Jaunga. Not bad, I do it, and do it properly. But problem happens when it comes with a combo deal of point 1 above, as it does more often
Trading against the trend --> Varun does it in style, but ask him the years of practice behind that. First learn walking (with trend), then running (contra)
Silver smartly recovered from day low as expected... aaj ka -70 in first & no profit no loss in 2nd trade... both were long side.. tomorrow will take only buy signal..
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As per P&F chart Silver is set for a bull run from this level..... at least 2000 points, let see.... guys pls don't take any short position in Silver now View attachment 21408
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Silver was bounced back sharply from day low as expected... let see tomorrow if it sustains or not