NIFTY Futures Mechanical Trading

[raj567]

very good question god bless u

we donot know where the market will move,if v use trailing stop loss,u will get out of ur position and market may go down to new lows then u will miss big opportunity.so one should use reversal points for entry/exit and choose revesal pt carefully oterwise v may help only broker not us.viod ji u also clarify this. THANKS

 

[mansukh]

have we changed to LONG ?? still short?

 

[SamFisher]

we donot know where the market will move,if v use trailing stop loss,u will get out of ur position and market may go down to new lows then u will miss big opportunity.so one should use reversal points for entry/exit and choose revesal pt carefully oterwise v may help only broker not us.viod ji u also clarify this. THANKS

What should be the stoploss is a subjective and very confusing matter. Short short loss most of the time taken out very easily considering the volatility of the market. Stoploss is system specific, in Vinod's case he has been using 100+ points always and has shown that still you end up with profits!. So if you are following his method you must follow the stop loss. I know its tempting to come out especially when you have huge profits. But that is the way system works. Let the system generate the profit (Remember the title 'Mechanical...'.

Just a suggestion to Vinod, is there any way to implement stepped stoploss, such as exit 25% at say 25% of the stop loss. But then re-entry has also to be planned and all gets messy.

HTH

 

[daydreamer94]

4310 levels weren't traded for long...hence i guess there is no change in our position as yet. We are still SHORT...Vinodji, plz confirm

 

[Ank!t007]

SL for shorts is 4310 + some room i.e 7 points So the stop loss is 4317.
Change your position above 4317.

Ankit

 

[vinst]

Also NF needs to trade abv 4310 for 3 minutes

vin

 

[daydreamer94]

It has now...so I guess we are LONG

 

[pravinaca]

POsition changed now long

 

[aabhi06]

Now we are in buy

 

[praveen taneja]

Now we are in buy

thnx sir very much god bless u all