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Renko Brick Value recommended by Definedge

Scheduled Pinned Locked Moved Knowledge Sharing
renko
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  • The Wealth Vriksh Offline
    thewealthvriksh@gmail.comT Offline
    The Wealth Vriksh

    Pro User

    wrote on last edited by
    #1

    Renko Brick Value.jpg
    Thanks to @Deepakk-Chabria

    Paradoxically, trading gets much (much!) easier when you don't need the money.

    Prakash Tejwani
    TheWealthVriksh🌳

    1 Reply Last reply
    7
  • H Offline
    H Offline
    Harinder Sikka
    wrote on last edited by
    #2

    Sir if we
    Are trading for positional and stock run up very fast then we enter on 1% brick value on 1 min time frame after retracement than our stop loss will be on 1 min time frame only or on actual 1day time frame?

    1 Reply Last reply
    0
  • The Wealth Vriksh Offline
    thewealthvriksh@gmail.comT Offline
    The Wealth Vriksh

    Pro User

    wrote on last edited by
    #3

    initially SL will be on 1min (recent low), as the trade moves in your favour ... trail the SL on 1day timeframe.

    Paradoxically, trading gets much (much!) easier when you don't need the money.

    Prakash Tejwani
    TheWealthVriksh🌳

    1 Reply Last reply
    0


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