Monday, 16 October 2017

EA experiences:

I used to accompany my wife to buy vegetables in weekly market.
It will be open on Sundays from 10 am 8 pm.
Both traders and agriculturists come and sell.
My wife usually asks me to accompany her either at opening or at close.
At opening, new traders come and open shop.
Their sell first trades(fresh good quality) at discount price early.
After some time they increase their price,once they make some money.

She buys only essential items that is utmost necessary in small quantity.

RELATE IT TO TREND START.

Then I have to take her by close.When market about to close, traders/ agriculturists  will face stock pressure,
1. segregated,damaged vegetables
2. They dont want to take home unsold
3. They had already made their money during the day.
4. They will close the shop due to stock pressure will sell at half rates.
5.They are not losing and She gets/buys at very low prices.
6. She avoids the risk of paying high price even some quantity goes waste.

RELATE IT TO PULLBACK TRADES VERY CLOSE TO TREND TRADES STOP
WHERE YOUR STOP IS THIN.Add positions.

All trading techniques we get in real life.
Everything we can learn from our family.

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