: defending your positional trade can actually reward you monetarily!!!
: lemme explain
: for every positional trade cmp (current market price), there is a corresponding higher or lower level (depending upon whether u r long or short) beyond which the trade is likely to be assumed as having run into trouble....even if for short term........
: in other words, there is always a level at a distance from cmp, beyond which the trend can atleast be safely taken as paused, if not jeopardized.....
: such 75-100 point nifty trades are not uncommon sight!!!
: if we look at this in a slightly different way.....those are the levels beyond which the price may go temporarily but substantially enough to either safeguard the profits already swept or those that can be made by taking a crisp short-term anti-trend trade....
: stoploss is not always to stop "loss" but also to "protect" loss or "make" money
: stoploss levels should be called trade reversal levels or stop trade levels also depending upon the usage....
: this is the reason i say that defending your positional may be necessary not only to protect profits, but also to make some more!!!
: lemme explain
: for every positional trade cmp (current market price), there is a corresponding higher or lower level (depending upon whether u r long or short) beyond which the trade is likely to be assumed as having run into trouble....even if for short term........
: in other words, there is always a level at a distance from cmp, beyond which the trend can atleast be safely taken as paused, if not jeopardized.....
: such 75-100 point nifty trades are not uncommon sight!!!
: if we look at this in a slightly different way.....those are the levels beyond which the price may go temporarily but substantially enough to either safeguard the profits already swept or those that can be made by taking a crisp short-term anti-trend trade....
: stoploss is not always to stop "loss" but also to "protect" loss or "make" money
: stoploss levels should be called trade reversal levels or stop trade levels also depending upon the usage....
: this is the reason i say that defending your positional may be necessary not only to protect profits, but also to make some more!!!
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