Sensex and Nifty are yet stuck in a ranging mode, it is better to stay out specially with the on going vacation in the global markets.
If you guys remember the 2% risk model "Compunding your risks", I had posted last month (refer it
here), I have upgraded that model and made it a bit more efficient.
This new model covers 3 aspects of trading:
1) Agressive trading
2) Moderate trading
3) Defensive trading
Unlike the 1st version, that only covered Defensive trading and wasn't suitable for agressive traders, this new system adapts to the needs of both agressive traders as well as defensive traders, providing a proper money management system.
I will be releasing this system after new years.
P.S. People who have been following the 1st version and who haven't msgd me on yahoo or via private message on this forum, plz inform me about your progress and the problems/acheivements from using the 1st system.
Also, if I have missed replying to any msgs on this thread or on yahoo msngr, plz msg me again. I've been extremely busy off recent and hope to get regular again starting Jan 2007.
Regards,
Jai Shewaramani