Mission (I m) possible 10 lacs to 1 cores in 2014

Status
Not open for further replies.

rkkarnani

Well-Known Member
#56
4% of my present position............:thumb:
Hello, Why this hush hush about the SL level? Why not give a figure instead of a percentage?

And do you mean to say its 4 percent of ~11560 : 462 points?

Seems a BIG stop loss, but if your Tgt is also equally BIG then I think it is a balanced trade! You went long at 11560 and your Tgt it seemed was 11800, then I would consider this 4% SL as too big to be comfortable.

Anyways, you are here to Record your trades and not give lessons on your strategy hence, carry on!!! And all the best.
 

Taiki

Well-Known Member
#57
Hello, Why this hush hush about the SL level? Why not give a figure instead of a percentage?

And do you mean to say its 4 percent of ~11560 : 462 points?

Seems a BIG stop loss, but if your Tgt is also equally BIG then I think it is a balanced trade! You went long at 11560 and your Tgt it seemed was 11800, then I would consider this 4% SL as too big to be comfortable.

Anyways, you are here to Record your trades and not give lessons on your strategy hence, carry on!!! And all the best.
Hi bro,

4% of my present position............:thumb:
I guess it is the 4% of his holding position. Lets say 1 lot cost 35K, and he is holding 4 lots. which costs him 35K * 4 = 140 K. Now 4% of invested capital is Rs. 5600.00 and the equivalent BNF points are 5600 / 25 = 224 or 225.

As his entry level was 11560, the stops would have been at 11335, which is still in play.

SH bro, please rectify me if i am wrong in this assumption.

Regards
Taiki
 

rh6996

Well-Known Member
#58
The system performed well today.... short position continues.....high at open was not breached, hence it was a SELL below 11585 for intraday too !
Now its a BUY above 11557 and should close above 11542 ! If opens above the trigger level then the Long level will change !
And if what Raj Bhai says turns out to be true : Mangalwar : Mandiwar then BNF will surely go down further ! :)
Regret not trading the system yet.
Sir, Why dont you start a separate thread for the BNF levels as per your system?
 

rh6996

Well-Known Member
#60
I am "confident" that I shall NOT be able to update it in time and without that its of no use to anyone here on the Forum.
I had in the past tried to start a few threads and left them midway as 'updating' a thread affects my trading which is mostly intra-day !
:D Loved the use of "confident" for negativity ! :D

How about doing for just a few weeks here on this thread? Say till Jan closure!
 
Status
Not open for further replies.