now end of day trend in lead zink copper aluminum all the four base metal is long average stop loss per trade is coming in the rang of 2000 which is slightly on the higher side
basically at the time of entry we will give initial stop loss of .5 to 1.5 %,so an average of 1%
it means our total stop loss in all five base metal should be 5000 on end of day basis
but once the trade is already in momentum then normally this total of five lot stop loss may even extend to 7500/- other wise we don't get the trades
i have started accumulating basket again with average stop loss level of 1500/-per mini lot
now according to own risk reward one can form a policy that he will enter into the trade if
one:he will get in to the trade if he will get entry below 1000 stop loss ---or two: He will enter in the trade if stop loss will be up to 1500/- or he will enter into trade if stop loss will be up to 2000/-
this will be every body personnel decision
stop loss for all the three type of traders ,will remain same
these will be end of day trades
trailing stop loss will be replaced every day once in the morning
shortly i will give stop loses for all the long trades ,to day ,one can enter one by one from today onwards as per risk which he can afford at a time,one can trade only one script at a time till profit of that trade is not booked . At a later stage he can start trading in two lots and so on
best of luck for trading
to be continued for various stop losses
basically at the time of entry we will give initial stop loss of .5 to 1.5 %,so an average of 1%
it means our total stop loss in all five base metal should be 5000 on end of day basis
but once the trade is already in momentum then normally this total of five lot stop loss may even extend to 7500/- other wise we don't get the trades
i have started accumulating basket again with average stop loss level of 1500/-per mini lot
now according to own risk reward one can form a policy that he will enter into the trade if
one:he will get in to the trade if he will get entry below 1000 stop loss ---or two: He will enter in the trade if stop loss will be up to 1500/- or he will enter into trade if stop loss will be up to 2000/-
this will be every body personnel decision
stop loss for all the three type of traders ,will remain same
these will be end of day trades
trailing stop loss will be replaced every day once in the morning
shortly i will give stop loses for all the long trades ,to day ,one can enter one by one from today onwards as per risk which he can afford at a time,one can trade only one script at a time till profit of that trade is not booked . At a later stage he can start trading in two lots and so on
best of luck for trading
to be continued for various stop losses