HERO MOTOCORP
Hi Good afternoon Guys!!
Today I took sell trade on Hero Motocorp I'll tell you why
1) it was in the channel as we can see on 15 min TM and there in is breakdown from the channel so after retest i placed sell order and Stop loss AND Target I have put on the chart it is going good as of now will wait till my target or 200 MA.
2) Nifty is very weaker today. AND I've placed my stop loss to breakeven.
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I'm posting this for only my history
1) took 1 trade in Hero motocorp, found 1 trade on nifty but i realize that it is gambling that I've done I thought market fallen 200 or 2% now but it was good level o support but should not trade on the basis of this mindset that's why it cost me my money and even if this trade makes me money i will be on breakeven so avoid this..
I have to wait for proper retest or breakout like this trade that'll make money and as well for long term i would make money.
any one who's reading they can let me know my mistakes so I can groww.
Today I took sell trade on Hero Motocorp I'll tell you why
1) it was in the channel as we can see on 15 min TM and there in is breakdown from the channel so after retest i placed sell order and Stop loss AND Target I have put on the chart it is going good as of now will wait till my target or 200 MA.
2) Nifty is very weaker today. AND I've placed my stop loss to breakeven.
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
I'm posting this for only my history
1) took 1 trade in Hero motocorp, found 1 trade on nifty but i realize that it is gambling that I've done I thought market fallen 200 or 2% now but it was good level o support but should not trade on the basis of this mindset that's why it cost me my money and even if this trade makes me money i will be on breakeven so avoid this..
I have to wait for proper retest or breakout like this trade that'll make money and as well for long term i would make money.
any one who's reading they can let me know my mistakes so I can groww.
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