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Manas Arora Profile picture
Manas Arora
@iManasArora
I catch falling knives as much as I buy breakouts. No intra. You’ll lose all your money if you’re here just to copy. https://t.co/6vkN9SgvBN

Feb 15, 2022, 6 tweets

#NewPosition - LONG in #JSL at 187.5

2% stop

Reversal play

Trade reason

It was extended fall on the daily & on the 30-minute chart. Odds were high for a reversal from here so bought in anticipation without waiting for any level to get triggered.

#JSL

193.50

#JSL

198

Beautiful reversal. Taking full position home.

#JSL

2nd day of the move

201.50

Sold 1/3rd position bought at 187.5

#JSL

Closed remaining 2/3rd position at 205.50

Total revenue: 4 times risk gains trade

Had bought at 187.5 with a 2% stop

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