Dada and Friends,
pls help me solve this issue which I always face in my trading.
I put SL-M buy order @547.
Because of 2 reasons-1)it was AMA breakout 2)vPH breakout.
Order got filled at 548..The candle was pure green at that time,but suddenly it made a high and got shrink.
And I had to cover at 545.25
a loss of almost 2.75points =Rs 3575 per lot.
How to handle this situation.Am I doing mistake in order filling?
Such things keep happen in stock futures so instead of using SL-M order,I use limit order or keep running behind the candle..
and I get either extreme high or low and I made a day big red.
Pls friends do reply,ST dada may be busy.Dont look overlook my query.