Trade Thesis
a) Pole and flag set up
b) Channel breakout
c) Two day breakout
d) SL compulsory
e) Long above 6934 otherwise skip the trade
f) vwap breakout point is above 6934 level
g)Duration 10 days only
Trading mindset requirements
a) 1% Rule: Maintain 1% of risk on each trade to minimize the emotions
b) Dont trade emotion, trade your plan and plan the trade.
c) Results of any trade should not induce any emotions
d) Focus on process and not on outcome
e) 80/20 Rule: The 20% of winning trade contribute the 80% of the profit in a system.