- Traded VIJAYABANK which was in downtrend on daily chart.
- My Entry was at the resistance level (96.45) according to Fibonacci level on 1 min chart when i entered. Wrong Entry on my part.
- I entered the trade without any confirmation.
- I did not use Stop Loss Today.
I should follow the following points so as to avoid repeating these mistakes in future:
- Trade on the basis of trend. Watch the broader index.
- Enter at support, Sell at Resistance.
- Atleast use Volume or MA if you are using TA.
- Please use Stop Loss on all future trades so as to minimise your loss.
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VIJAYABANK [EOD] |
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VIJAYABANK [2 Min] |