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schiff

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Posts posted by schiff

  1. Entry Price is 75

     

     

     

    20% of 75 is 15. So stop loss should be 60

     

     

     

    Then there is this ^

     

     

     

    Now do u understand what i'm saying. Its not about leg pulling or holy grail. Its about discrepancies and losses are adjusted every single time.

     

    Dear Sir,

    just let me explain my point with a simple example that I have shorted nifty at 6040.55 because MACD BAR was below 0, RSI was below 50 TRIX was below 0 and other indicators were also in sell mode and I placed SL at days high or if my PSAR will give exit I will exit. But if I see that my indicators are showing some reversal sign I may not wait for any indicators. Similarly I think that Niftymover have also devised his own system according to which he gives his trade. As far as net connection or electricity are concerned I am the greatest sufferer. As most of the time these things bluff me. Instead of searching for lacunae in other's post it will be better if we can help one another in development of some profitable strategy.

  2. The very first post of this thread has given the concept of stop loss. So if the owner is not able to update the thread it simply understood that the stop loss given above be obeyed. Moreover, any one who trade in option knows his/her limitations. Option traders are not the kids. If any one has any better method he or she can start their own thread and show their expertise instead of involving in leg pulling.
  3. Instead you could have done a straddle ?:-?

    The problem with long straddle is that it must be taken only when one is sure about some violent move due to some news. Otherwise it is wise to go for short straddle. Short straddle woks nicely in first 15 days of a month. Moreover strategies do no yield the result as one can get but naked call/put.

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