Nifty was lackluster again today, going sideways mostly. Were there any trade opportunities?
None. Why? Because, going by my Strategy (posted in earlier posts), price did not break the Sell level even once. It did breach the Buy level though. However, from what we had learnt earlier, we would not have taken that trade as it was against the prevailing trend.
Net Profit: 0 (No Trade)
Note: You don't have to get into trades every single day, to be a successful day trader in the long run. So, sometimes no trades are a blessing in disguise.
Can we expect a favorable breakout in our trending direction, tomorrow? Only tomorrow will tell, but, we will keep our eyes open for it...
Cheers!
DayTraderBT
None. Why? Because, going by my Strategy (posted in earlier posts), price did not break the Sell level even once. It did breach the Buy level though. However, from what we had learnt earlier, we would not have taken that trade as it was against the prevailing trend.
Net Profit: 0 (No Trade)
Note: You don't have to get into trades every single day, to be a successful day trader in the long run. So, sometimes no trades are a blessing in disguise.
Can we expect a favorable breakout in our trending direction, tomorrow? Only tomorrow will tell, but, we will keep our eyes open for it...
Cheers!
DayTraderBT
No comments:
Post a Comment