Going With The 60min Flow!!!

[KomaL2099]

hi Saint
Does it mean that we have to add same number of lots with which we started the trade.
If I start trade with 1 lot and keep adding 1 lot I earn 156 points.
But If i start trade with 3 lots but while adding I add only 1 lot each then for me calculation will be somewhat diff ..
Pls Clarify

NIFTY stops triggerred......we are now short NF.

NF COMPLETED TRADE:

INITIAL POSITION:4354
ADD 1:4381
ADD 2:4383

EXIT=4425.............+156 pts.

Saint

 

[myvineet]

whats d stop fr nf short????


btw i am long @ 4450.......no offence........just my views.........nd my trade.......

OH NO....not again ......

 

[KomaL2099]

SAR for JP is 176 + room (room=??) . pls confirm

COMPLETED TRADES in JPA for SEPT 2008.

TRADE 1:
INITIAL POSITION LONG:162
ADD 1:167.40
ADD 2:176.8

AVERAGE:168.7

EXIT:169..........+0.3 pts



TRADE 2:
INITIAL POSITION SHORT:169

Still holding short......

Saint

 

[NJ:)]

OH NO....not again ......

wat do u mean by not again?

 

[milkyblack]

hi Saint
Does it mean that we have to add same number of lots with which we started the trade.
If I start trade with 1 lot and keep adding 1 lot I earn 156 points.
But If i start trade with 3 lots but while adding I add only 1 lot each then for me calculation will be somewhat diff ..
Pls Clarify

What I know how Saint adds is like...

Initial Position X lots....
Thereafter adds in the quantity of X lots ....

So if you got capital for 3 lots... then ..

Initial 1 lot... then if add triggered and FITS your R/R then 1st add of 1 lot and so on... till it fits your R/R
While reverse all out at once

Regards

 

[NJ:)]

sorry for posting here.... really hurted.... wont do dis again...

 

[myvineet]

mk

the figure of x ..[we call it room ] is derived from back testing of past data ..
the figure is different for every stock ..the figure should save us from entering in false trades & should be small percentage of stock value with which we are comfortable with our risk management ..

hope it clarifies...

regards

SAR for JP is 176 + room (room=??) . pls confirm

this is for room=??

 

[man4urheart]

Current Position Of NIFTY in thread

Short Since : 4425
Stop Loss: 4493 + 15 = 4508
Profit/Loss in Current Trade = 4425-4508 = -83 Points

We change our Position to LONG if NIFTY Trades above :4508

Current Position Of ABAN in Thread

Long Since : 2112
Stop Loss: 2369 - 20 = 2349
Profit/Loss in Current Trade = 2349-2112 = 237 Points

We change our Position to SHORT if ABAN Trades below :2349

 

[Saint]

hmmm......expected ABAN to trigger the trend reversal before the others did.Anyway,still long on ABAN.

Reversal on trigger as always.

Saint

 

[milkyblack]

wat do u mean by not again?

Friend...

Just yesterday we had some kind of heated discussion on these type of trades...

There is nothing wrong that you are long at 4450... after all someone has to be long and someone short at a point for a trade to take place...
Out of the 2 traders... one will win... who will be that time will tell..

But this is a 60 min flow thread... not supposed to talk about trades based on some other method...

We also take trade other than 60 min... but do not post them here...

I hope you are now clear about what we all over here request

Regards