Was in the process of compiling some Risk data of Jpa and Aban
Problem is I have access to only 60 days of intraday data.
IMO 60 min flow system can best be described, "Starting and ending with risk". So to get an idea of what risks this system can inccur (Entry - SL) wanted to share this data so people could get an idea.
Therefore I pulled out whatever charts I had to calculate what kind of risks (entry - Stoploss) these scrips can have.
Nifty, which we all trade has about 100 points tolerance according to my MM and I have put my positions accordingly.
Aban - From 70 to 257
However when stops are hit we inccur between 80 - 100 points. If anyone can share their risks in the past few months would be helpful
This is a stock i have yet to understand, If Saint has written anything about it please let me know.
Sometimes Aban doesn't form PL, just keeps going down one after the other,( think Saint mentioned that below every bar is a possible add, but then where is the SL ?)
JP - between 8 - 13
According to my data, this has more frequent trades but results are equally good.
MJ--