Wednesday, December 16, 2015

20151216 - Buying Tops and Selling Bottoms

Finally, after many days, I got the time to sit in front of the terminal... but it was not a good time.

All 3 trades were losers.

Trade 1 was taken on the low of the second M15 bar - which was an inside bar - in the hope of a down move. Trade 2 was taken on the hope of a breakout move. For this trade, I should perhaps have tightened the SL, maybe? Trade 3 was BOF of HOD. Got shaken out.

All the hoping was hopeless. All I was doing today was buying tops and selling bottoms.

Day Trading: Nifty M3 Candlestick Chart


  1. Today was tough day to trade...

    1. that's true.... but I always think that something is wrong with me to get such results (which is also true)