Effects of not keeping a Stop Loss

#52
Janam Samjhha Karo, This is Trade Secreat.:)

At rising, Index break higher high's, at fall, lower lows i.e. day's low,previous day's low, 3-5-7 day's low (some time).

So, if trade goes against , one has to loose.......

If one has to loose then why wait upto previous day's low or 5 7 or 14day's low ?:)

If s/l is a question of life and death, why not at 6 th bid (one tick lower than 5th bid.)

But this way, brokerage will kill you, so find a broker who doesn't charge or open your own firm.:)

BTW, what about forgetting s/l...........?:)

RK

Let me ask the question more openly. As doumb gye want to ask what should be stoploss, near ma or 2% of capital invested ?
Suppose I buy nifty Fut at current rate 5063. Now last days low (on 4th Oct) will be 5011, 3 days ma 5028, 5days 4993 and 7 days 4962.
If I use 2% system the rate for stoploss comes to 4961 near to 7 ma.

Now the real problem that confuse me. The Original amount I invested is margian only and if I use 4962 as stoploss and if it hits the loss would be 5050 that is equal 20% of the original amount (used as margian) visa versa if I use 3 ma or last days low as s/l the loss amount will also be reduced.
What the seniors suggest ?

F
 
U

uasish

Guest
#55
A price Level from where Trend changes in TF should be the basic for Stop Loss,was thinking on this & was not able to
convince self that Why i should not Double the Qty in SL order in comparision to my initial qty at Entry price.
 
U

uasish

Guest
#56
Thks for initiating this Discussion ,i could toil Day & Night to come out with the 1st version.

This one is Named as " Asish Exotic Stop ".

The Dot 1st appearing on a Bar ,Alerts us for a Long ,if that Bar's Closing is above the Dot's
price a Long initiated .
SL is placed after completion of Entry Bars's TF ,at the Dot price given after the completion of Entry Bar's TF.

Here if there is an earlier position initiatiating a Double Qty Stop seems to be profitable 78 % time ( Back -Testing)
Though i dont belive these s/w simulations ,has started testing on actual mkt.
 
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#58
Thks for initiating this Discussion ,i could toil Day & Night to come out with the 1st version.

This one is Named as " Asish Exotic Stop ".

The Dot 1st appearing on a Bar ,Alerts us for a Long ,if that Bar's Closing is above the Dot's
price a Long initiated .
SL is placed after completion of Entry Bars's TF ,at the Dot price given after the completion of Entry Bar's TF.

Here if there is an earlier position initiatiating a Double Qty Stop seems to be profitable 78 % time ( Back -Testing)
Though i dont belive these s/w simulations ,has started testing on actual mkt.
Can you provide me the indicator?
 

beginner_av

Well-Known Member
#59
Though i dont belive these s/w simulations ,has started testing on actual mkt.
Hi Asishda,

When I come to traderji now, I just read your thread (CV is mostly absent). Your work is very interesting, but your comment snippets here and there are very tickling! Like bookish knowledge etc. One more is here:

Though i dont belive these s/w simulations ,has started testing on actual mkt.

Your actual market testing today is someone else's computer simulation results tomorrow (unless he is doing it on fictitious data) just as your simulation results today was someone else's actual mkt results yesterday!

Have fun and keep posting your good stuff.
 

beginner_av

Well-Known Member
#60
T
Though i dont belive these s/w simulations ,has started testing on actual mkt.
Though i dont belive these s/w simulations ,has started testing on actual mkt.
Hi Asishda,

When I come to traderji now, I just read your thread (CV is mostly absent). Your work is very interesting, but your comment snippets here and there are very tickling! Like bookish knowledge etc. One more is here:

Though i dont belive these s/w simulations ,has started testing on actual mkt.

Your actual market testing today is someone else's computer simulation results tomorrow (unless he is doing it on fictitious data) just as your simulation results today was someone else's actual mkt results yesterday!

Have fun and keep posting your good stuff.
 

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