Keeping a view/homework ready and actually trading are complete different steps of making money. No point of time one can claim if any view goes against , you lose money.
Losing money has to completely do with your psychology , how much you have been technically correct in your homework , what time did you enter the trade , what time you closed it , how soon did you accept if ticker shows up your analysis went wrong.
One should have down to earth ego to NOT trade if markets move opposite to your trade plan.
Even if you do blunders in your homework/trade plan , even you do brilliant set up a night before but please NOTE : All that matters is 9:15am to 3:30pm what you did.
You may be Albert Einstein overnight but a Charlie Chaplin may steal the show during the real time.
NIFTY :
Tomorrow is a friday and that will form the base of weekly candle stick.
I am voting for a BLACK FRIDAY.
Stay short with today high as SL. 5645
Weekly and daily charts presented here are self explanatory.
NIFTY Weekly :
NIFTY Daily :
See you all Live tomorrow.
SS
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