Dear friends i m going to discuss a stoploss strategy.. Which can be useful during initial stages of trend..
After entry we do not whether this is going trend or sideways.. Hence after entry we need to be carefully if it is going to be sideways market.. Because the sideways market will make a small profit in to loss...
Hence my strategy is after entry, move stoploss as 2day high taken ouout for down trends and 2 day low for long trends.. Once u have locked 150 to 200 points u can switch back to ur normal trailing stoploss strategy