Re: Time to Stick my Neck Out ,Nifty 7300
Great post,Hari!
Saint
That's the reality of trend trading.But withstanding a 70% losing system is not good for traing psychology of the trader.So a suggestion from me(who wanted it?) is to have a 1:1 risk reward ratio for the first half,as the Saint's process is pretty high probability process.Means,u entered a trade,whenever getting a move of same amount of the risk(difference between stop and entery),u r out by 50% and trail the other half at the breakeven,means new stop at the entery price.
Ur wins are going to be hiked surely,so is the profitablity.
Ur wins are going to be hiked surely,so is the profitablity.
Saint