Quadra Safe Trading Strategy - I

sunilrhs

Well-Known Member
Satyen,

My post was not directed at you...but I have seen ppl in past doing such things...I just get disturbed when someone try to sabotage the image of SG...Even I am sorry for my harsh comments......



Hi Sunil

Why are you So angry ? If after my posting problem created then I have no problem to Say " SORRY "

You know what long back while Annat ,Karthik and SG sir were developing strategies etc i was strugling with moving average and used be a silent watcher in chat room to learn something from their conversation ...

Then How can i throw stone at them ...?

Plz yaar dont take me in other way i have no intention to create fuss...etc
 

SaravananKS

Well-Known Member
Saravanan.... why can't Traders be patient for a Trend to emerge....!!!

SG
SG
There is 3 type of market
1 Trending
2 Range Bound
3 Volatile
In My opinion it is very difficult to predict which market going to happen in next few session
If one know prior then in forum it self one can get good Trading strategies for each market.
You asked
why can't Traders be patient for a Trend to emerge....!!!
Let us took my own trading experience in last 2 months
I Lost more then 230 Pts in Nifty in Last two months using trend following system because of whipsaws
I expected a bounce back in nifty( up to the broke 200 daily MA and 5135 happened today)
My Trend following system gave sell in 5256 ( if I wait for a trend I would miss the trade)
OK If I Stopped Trading after a couple of whipsaws ( which cost 90 Points) and shorted @ 5125
Let us see the comparison
5256-5125-230= 99 Pts nett Loss
For Patient Trader Loss 90 Points
In this case there is no different between two
But most importantly I stayed along with the system even in very difficult situations which gave me very good confident on that system
If I stayed out side I may not shorted today Expecting some pull back in Monday
If Monday nifty goes down I would happy in both cases
If nifty jumps above 5135
In first case I wont much bother since my entry price is 5256
In second case I would feel some uncomfortable since my entry price is just 5125

I think I have answered your question:)
 

sunilrhs

Well-Known Member
Dear SG,

Seems like Nifty has stopped exactly at the trendline....If you remember this chart was posted few days back ....




Then...



NOW






SG,

Just drawn few trendlines on nifty spot and it look likes immediate support is at 5225 and if it is taken out then it can head towards 5070.

Feedback will be welcomed by fellow members also...





Sunil
 

SavantGarde

Well-Known Member
Where to add next position .. someone plz help. Is it after 5 consecutive red bar? Plz help
Hi Gautam,

Sorry was on the phone....!!!

You wait for a 3 Bar Swing High to Add.....to Shorts...if it is not clear I will find something somewhere on the chart to illustrate....or else you just go with 5 consecutive Red Bars.... and Add on the open of the 6th Bar....!!!

Let me know how it goes....!!!


SG
 

gb333

Active Member
Hi Gautam,

Sorry was on the phone....!!!

You wait for a 3 Bar Swing High to Add.....to Shorts...if it is not clear I will find something somewhere on the chart to illustrate....or else you just go with 5 consecutive Red Bars.... and Add on the open of the 6th Bar....!!!

Let me know how it goes....!!!


SG
Can U plz mark it on the Chart of Copper posted above and what about the NG Chart. Is it a valid entry?
 

Similar threads