Quadra Safe Trading Strategy - I

[timepass]

Anyways let it come from horses mouth itself...

Meanwhile we all can experiment with clocks, wherever we see them. I didn't see the MAs making a clock position, I saw the candles.. and posted it. If you see the lines making any such position, please point it out.

 

[Satyen]

The good news is, it is completely new to everyone. It came from a comment by SG somewhere in this thread, then someplace Aditya followed it... and then blank - no explanations. So we make up our own explanations.

Now I see that you joined TJ in 2006, that makes you senior than most of us here, so it's your turn to contribute

Senior ......Ah senior only by joining date ........and in nothing else

 

[apdd2003]

Hi SG,
Please see my third trade when I woke up after 2.30. I faced psychological issue in it. As my earlier two trades were loss I missed some points in this one. I shorted on day low breakout(5034) as quadra has already triggered short. But due to fear of losing profit I trailed using fix 10 points(hit at 5015). How to overcome this? As per quadra I could have rode til eod.

 

[SavantGarde]

Oh My God....! Oh My God....!!!... TP...you've taken this clock comment to a totally new dimension.....it was just meant to indicate a Bullish & Bearish Slope of the MAs....Dannnggg.... somebody please...hit me with a Club...!!!

SG

 

[SavantGarde]

Hi SG,
Please see my third trade when I woke up after 2.30. I faced psychological issue in it. As my earlier two trades were loss I missed some points in this one. I shorted on day low breakout(5034) as quadra has already triggered short. But due to fear of losing profit I trailed using fix 10 points(hit at 5015). How to overcome this? As per quadra I could have rode til eod.

Hi APDD,

Firstly do not know why was your TSL marked on the Chart was Hit....because don't see any subsequent Candles taking out the High....!!!

Give some time to yourself & Quadra to become familiar with the System...I would estimate it would take about a month...to develop conviction in the System......It is quite okay with the thought process or the emotions that you went through once you were in the Trade....Don't worry too much about it....
Just concentrate on becoming good buddies with Quadra...& you will be okay....and with time you will also understand the Idiosyncrasies of the System.....Every System has one....Quadra is no different from others....!!!

SG

P.S.: Sent you a PM before I read this Post of yours...

 

[apdd2003]

Hi APDD,

Firstly do not know why was your TSL marked on the Chart was Hit....because don't see any subsequent Candles taking out the High....!!!

Give some time to yourself & Quadra to become familiar with the System...I would estimate it would take about a month...to develop conviction in the System......It is quite okay with the thought process or the emotions that you went through once you were in the Trade....Don't worry too much about it....
Just concentrate on becoming good buddies with Quadra...& you will be okay....and with time you will also understand the Idiosyncrasies of the System.....Every System has one....Quadra is no different from others....!!!

SG

P.S.: Sent you a PM before I read this Post of yours...

I used fix 10pts tsl out of fear of losing profit. hence tsl hit. should have sticked to quadra tsl and should have made 25 more pts

 

[SavantGarde]

NF EOD 08-05-2012 (No Change to the Trailing S/L for 09-05-2012)

SG

 

[gb333]

Crude Daily ... is there any short trade

 

[gb333]

SG can I enter short in crude now? Whats ur US chart suggest

 

[SavantGarde]

Crude Daily ... is there any short trade

Hi Gautam....you can Short below the Low of the Last Candle....& Keep the High Of The Candle as the Initial S/L to begin with.....Only worrying factor was the Gap between the 2nd & 3rd Candle from Right therefore Initial S/L being kept a Little above the High of the Last Candle.........!!!

Please update if you do take the Trade.....!!!

SG