Learning to catch High Probability Breakouts

[indianbank]

Dear Indian bank regarding your trading style of 52W high, what is your SL and Target strategy?

1:5 risk reward will be a good strategy....:thumb:

 

[amitrandive]

1:5 risk reward will be a good strategy....:thumb:

Stop loss ?
Is it based on any technical parameter ?

 

[ravi2126]

Daily Chart of HCLInfosystem

M&M stuck in a trading range since the year 2013.HCL Infosystem in a bearish trend since 2009 [/QUOTE]

AMIT'JI CAN V SAY HCL INFO CHART(CONSIDERING LAST 6MNT) IS FORMING "CUP N HANDLE" PATTERN...??

 

[indianbank]

Stop loss ?
Is it based on any technical parameter ?

No ... i dont believe much in technical indicator...
stoploss and targets are a big subject to discuss... according to market mechanics we should change our stop/targets...
suppose in a bull market ... As an investor i dont need a stoploss at all... and target will be till the end of over all trend... Bull market can run for years...

lots of external factors can affect our trades... example global news... Global market trend... our own market news...
So its very difficult to stick a particular rule...

 

[newuser_RK]

No ... i dont believe much in technical indicator...
stoploss and targets are a big subject to discuss... according to market mechanics we should change our stop/targets...
suppose in a bull market ... As an investor i dont need a stoploss at all... and target will be till the end of over all trend... Bull market can run for years...

lots of external factors can affect our trades... example global news... Global market trend... our own market news...
So its very difficult to stick a particular rule...

So this means you invest only in quality right?

 

[SaravananKS]

Nice Break out in Godrej Prop

 

[nitingosavi]

banknifty daily. spot chart

last chance for bears is not to cross / close or sustain above 18830. its a make or break level. in my opinion. until the condition met .. I am bear and a good fall may happen.

 

[amitrandive]

Daily Chart of HCLInfosystem

M&M stuck in a trading range since the year 2013.HCL Infosystem in a bearish trend since 2009
AMIT'JI CAN V SAY HCL INFO CHART(CONSIDERING LAST 6MNT) IS FORMING "CUP N HANDLE" PATTERN...??

I don't rely on a Cup and handle pattern, it takes too long to form and execute.
Better to trade the in between patterns.

 

[amitrandive]

No ... i dont believe much in technical indicator...
stoploss and targets are a big subject to discuss... according to market mechanics we should change our stop/targets...
suppose in a bull market ... As an investor i dont need a stoploss at all... and target will be till the end of over all trend... Bull market can run for years...

lots of external factors can affect our trades... example global news... Global market trend... our own market news...
So its very difficult to stick a particular rule...

Say you buy a stock ,and it starts going in a down trend ,as an investor when do you exit or you do not exit at all ?
Also what about a trailing stop loss,do you use it ?

 

[amitrandive]