i think i loose my discipline yesterday........my exit should be today or 60 points or 15100.........but i exited without hitting any........
fear came into my mind that i m earning 40 points and BN is slipping so better to exit with whatever i m getting..........but as soon as i exit option, BNF slipped...and i earned 0 points..........
lose faith and hence lose profit........... luck favours brave and by exiting early, m i behaved like coward..............?? thought hard on this point but didnt got any answer
One mind is saying atleast u didnt lose points.........and after u exit...BNF slipped further so it was good exit as per trailing SL
Other mind is saying that when u knew (by ur experience) before 11 am toay.....mkt will only be volatile but not go anywhere, then i should have keep the position by 10:45 atleast.........u would be getting 75 points in that case.....target hit
Seniors........pls guide on this dilema
fear came into my mind that i m earning 40 points and BN is slipping so better to exit with whatever i m getting..........but as soon as i exit option, BNF slipped...and i earned 0 points..........
lose faith and hence lose profit........... luck favours brave and by exiting early, m i behaved like coward..............?? thought hard on this point but didnt got any answer
One mind is saying atleast u didnt lose points.........and after u exit...BNF slipped further so it was good exit as per trailing SL
Other mind is saying that when u knew (by ur experience) before 11 am toay.....mkt will only be volatile but not go anywhere, then i should have keep the position by 10:45 atleast.........u would be getting 75 points in that case.....target hit
Seniors........pls guide on this dilema
The question is did you follow your rules/plan for the trade?
Plan your trade in advance, and just stick to the plan . . .
Lessons learned can be incorporated in the plan for next round . . .
Happy