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The Trader biggest dilemma is when to book profit
Here is simple solution which I m using from many years.
This not based on any indicators .
( Based on pure price action & days low)
I am swing breakout trader so I will tell you this thread 🧵 how I book profit 👇
Here is simple solution which I m using from many years.
This not based on any indicators .
( Based on pure price action & days low)
I am swing breakout trader so I will tell you this thread 🧵 how I book profit 👇
1⃣ #bgrenergy I took trade after 52 week high broken and find little consolidation near major resistance zone.
In same day up 20% then next day 10%
In 3rd day when it broken previous days low I exited half . (Another half after 20% move again low broken )
In same day up 20% then next day 10%
In 3rd day when it broken previous days low I exited half . (Another half after 20% move again low broken )
2⃣ #precisionwire
Gap Up opning near resistance zone .
Entered & after 4 days low broken exited at 16% profit
Gap Up opning near resistance zone .
Entered & after 4 days low broken exited at 16% profit
