zink trend long
shift its stop loss from 100 to100/75
TRADER ACTION ZONE
UPPER BAND 101/60
LOWER BAND 101/20
CURRENT PRICE 102/35
WE WILL ENTER FROM WITHIN THESE UPPER AND LOWER BAND AND WILL GIVE STOP LOSS OF 100/75
IF SOME TRADER IS VERY CONSERVATIVE,THEN HE CAN ENTER NEAR THE LOWER BAND AND CAN GIVE STOP LOSS OF FEW TICK BELOW LOWER BAND
PURE INTRA DAY TRADER IF HE WANT TO CLOSE THE TRADE SAME DAY,THEN :
a) ONCE HIS PROFIT WILL REACH IN THE RANGE OF .75% HE WILL LOCK .5%
b) ONCE HIS PROFIT WILL REACH IN THE RANGE OF ONE% HE WILL LOCK .75%
c) ONCE HIS PROFIT WILL REACH IN THE RANGE OF 1.25 % HE WILL LOCK 1 %AND SO ON
TILL STOP LOSS DON'T HIT BY CHANGING HIS TRAILING STOP LOSS AGAIN AND AGAIN
BUT SWING TRADER AND END OF DAY TRADER WILL CARRY THE TRADE WITH STOP LOSS GIVEN BY ME AND THEY WILL TRAIL THEIR STOP LOSS ONCE I WILL GIVE NEW STOP LOSS
I REQUEST EVERY BODY TO NOTE THESE RULES ,IN HIS DIARY TO AVOID CONFUSION WHILE TRADING
HAPPY TRADING