Dear Rkkarnani ji.
I believe and as u said, '20 days' does not have any significance. this system probably can be traded on any false breakout of any high or low which is 4-5 days old. why I say 4-5 days is becos none of us wants to get trapped in a 'HDIL' which is trending on one side.
on the other hand any swing trading system to be profitable wd need its winners to run for a while.... the authors say so..trades can be carried fr a few hours to a few days..
our dear friend ST says..
It is a swing trading method so the losses are small and when it catches the reversal, the profits are much larger.
I did not even see one profitable trade being carried on fr the next day..where wd the 'larger profits' come frm?
regards
anuragmunjal,
Thank u for coming forward to
share yr experience in this
TS for which i had posted the welcome address some time back.
Do u mean to say that the followers of TS in this forum had
failed to capitalize their profitable trade by
NOT carrying their trades Further till their Trailing
S/L were hit,thus
losing opportunity for
Larger profit as stated by
Smart?
Do u further say that this
TS is for
Swing only &
Not repeat Not Intra day?
In which case,we r
misusing it by denied opportunities for larger profits.
If so,pl tell us yr experience,how dependable this strategy for Swing,what type of shares to be traded & if 20 is not magic,what alternative could be tried.
Need less to say,we have No patience to Reinvent the wheel.
Pl elaborate,how u would have
traded Tata steel,cash, as per TS or plus one,as it did not give profits on both,unless we carry.