Day trading
I am trader of NSE India. I planned to trade in the following style:
1. Wait till 9.30 am, afterwards Buy the stocks with open = low, Keep the SL below Low. After 10 am, if trading above the ATP, trail the SL below ATP and move the SL with ATP.
2. If Open = High, after 9.30 am, Buy the stocks above day's High, put SL in day's Low.After 10 am, if trading above the ATP, trail the SL below ATP and move the SL with ATP.
3. If, Open # LOW # HIGH, If trade above ATP, buy the stock and keep sl below day's low. After 10 am, if trading above the ATP, trail the SL below ATP and move the SL with ATP.
Is it correct and Can i make profit, Seniors pls advice
I am trader of NSE India. I planned to trade in the following style:
1. Wait till 9.30 am, afterwards Buy the stocks with open = low, Keep the SL below Low. After 10 am, if trading above the ATP, trail the SL below ATP and move the SL with ATP.
2. If Open = High, after 9.30 am, Buy the stocks above day's High, put SL in day's Low.After 10 am, if trading above the ATP, trail the SL below ATP and move the SL with ATP.
3. If, Open # LOW # HIGH, If trade above ATP, buy the stock and keep sl below day's low. After 10 am, if trading above the ATP, trail the SL below ATP and move the SL with ATP.
Is it correct and Can i make profit, Seniors pls advice
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