Ashwani 1 thing..could be I missed some notes..but when a long or short is closed.what do we mention in sheet..because theoretically one long is closed we enter short zone but we dont put short in our sheets because it can be no man land ...
so what we enter in sheet...
dear cotton,trading is done in three sistems(extract from mine book ,so u will not get it at internett or in ani book through out the world)
move to move trading
correction to correction trading
move to correction TRADING
shortli when i will get time,i will give complete detail how these three are absoluteli different with each other.
MOVE TO MOVE TRADING IS HARDEST, TO TRADE AMONG THREE
IN THIS SISTEM OF TRADING ONCE MOVE WILL REACH IN CONFIRMED LONG TREND
TRADER WILL NOT LEAVE HIS LONG POSITION ,EVEN IF IT WILL REACH IN NON CONFIRMED SHORT TREND.
BECAUSE IN NON CONFIRMED SHORT TREND BULLS AND BEARS OR IN EQUAL STRENGTH
TILL BEARS DONT WIN BULLS WILL GO ON ADDING POSITIONS
IT MEANS TILL MOVE WILL NOT REACH IN CONFIRMED SHORT TREND BULLS WILL NOT LEAVE THEIR HOPE TO WIN
IN THIS SISTEM U WILL LOOSE 70% OF UR WINNING AMOUNT AGAIN AND AGAIN FOR THAT TRADER HEART SHOULD BE VERI STRONG
WHEN ONE LOOSE MONEI HEART BECOME WEEK AND MOVE ARE CLOSED WITH FEAR OF LOSS
SO ONLI SMART MONEI USE THIS SISTEM AND NO BODI ELSE
OUR SISTEM IS BASED ON MOVE TO MOVE TRADING AND HARDEST TO FOLLOW
ON 11TH FIRST TRADING DA OF LAST WEEK OUR FIVE TRADES WERE CLOSED AT ONCE,REASON ALL GONE IN CONFIRMED SHORT TREND,SO AT 11.28PM I GAVE MESSAGE CLOSE ALL FIVE,ONCE IN CONFIRM REVERSE TREND WE DONT GIVE SECOND THOUGHT,OUT OF THOSE FIVE FOUR ARE STILL CLOSED
IN MINE ACTUAL TRADING ALL THE FOUR MINI AND ONE MICRO ARE OPEN WITH ME,BUT IN STEAD OF MINE BEST EFFORT ON16/17TH,NO BODI SPREAD SHEET WAS READI IN THE MORNING TO DA, I OPENED LONG IN ZINK/LEAD IN THE MORNING,BUT AS NO BODI WAS PREPARED FOR TAKING POSITION AS THEIR SPREAD SHEET WAS NOT READI SO DID NOT GAVE ANI MESSAGE TO OPEN LONG IN THESE TWO,I AM CARRING LONG IN GOLD/SILVER AND SHORT IN ALUMINIUM FROM LAST WEEK BUT U HAVE TO BE FAST TO TRADE MARKET WITH UR OWN DATA ,I WILL MAKE U EXPERT TO TRADE WITH ASHWANI CHADHA SPREAD SHEET TRADING SISTEM BUT WILL NOT GIVE U TIPS TO MAKE U LAZI
THANKS COTTON
IF NOTHING DONE DURING WEEK WE WILL WRITE LONG IS STILL OPEN OR SHORT IS STILL OPEN
IF TRADE WAS CLOSED DURING WEEK WE WILL WRITE LONG CLOSED OR SHORT CLOSED
ON REVERSAL AT ONCE( LONG CLOSED AND SHORT OPEN)
IN THIS SISTEM WE DONT CONSIDER NON CONFIRMED TRENDS SO DONT REACT ON THEM BUT WILL FACE LOSES DURING REVERSE NONCONFIRMED TRENDS