Comment on Single Candlestick patterns (Part 1)

bbhalaji commented on 27 Jan 2015, 04:37 AM

Dear Karthik, A great set of notes for beginners like me. Thanks for the work, I have very basic doubt. Here is the scenario. I see a bullish candle pattern and indicators/volumes also confirm a bullish trend. So I get into a long position by buying the shares and holding for a time upto which I feel the trend is bullish and sell them for a profit. On the other hand if I happen to see a bearish trend , how can I hold the short position for the long time, meaning how can I sell the shares , hold the short position till the trend is bearish and cover them once there is a change in trend and realize profit ? Because we can go for a short sell only in intraday. Please explain.

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