SH's 315 Strategy - how to use if effectively

[merchantp]

Yes - 3rd lot short ADDED at 5450 (previous shorts at 5900 and 5790 still held with this short)

The 5400 calls that were bought to hedge the shorts have been booked now with good profits.

Cheers
SH

SH,

Sorry if I am misinterpreting here. Based on the theory, you should had waited for confirmation for the next day. Only if tomorrow Nifty breaks below todays low then one should add shorts, I am not an expert sir and you are the creator of the theory and I have earned good applying your theory to stocks. This comment is with due respect to you sir and please correct me if I am wrong.

 

[gb333]

ANDHRA BANK 140 Ca Close 9.40 ... ENJOY PROFITS

 

[Tradewithhunter]

SH,

Sorry if I am misinterpreting here. Based on the theory, you should had waited for confirmation for the next day. Only if tomorrow Nifty breaks below todays low then one should add shorts, I am not an expert sir and you are the creator of the theory and I have earned good applying your theory to stocks. This comment is with due respect to you sir and please correct me if I am wrong.

Hi Merchant - yes thats the 'conservative' way of adding positions. The 'aggressive' adds are entered at simple retest of 15 EMA.

Cheers
SH

 

[trade4joisar]

Hi Merchant - yes thats the 'conservative' way of adding positions. The 'aggressive' adds are entered at simple retest of 15 EMA.

Cheers
SH

Yesterday, i short NIFTY @ 5444.

I am confused over touching candle to 15 ema . Whenever 3 & 15 ema are moving towards crossing, candle is going to touch 15 ema.

So i am wondering on what basis we should for shorts? (aggressive adds ?)

 

[merchantp]

Yesterday, i bought NIFTY @ 5444.

I am confused over touching candle to 15 ema . Whenever 3 & 15 ema are moving towards crossing, candle is going to touch 15 ema.

So i am wondering on what basis we should for shorts? (aggressive adds ?)

Hello Joisar,

The bullish cross over has not happend yet, i.e. 3 ema has not crossed 15 ema, till that happens, whenever the stock or nifty in this case touches 15 ema... short it and that is what SH and team has done and did not went long. Only and only when the bullish cross over happens one has to go long till then keep shorting and enjoying

Regards
Merchant

 

[gb333]

315 CROSSOVER HAPPENED....

Bought HDFC 640 CE @ 13.50 ( Lot= 500)

GAUTAM

 

[gb333]

315 CROSSOVER HAPPENED....

Bought LIC 190 CE @ 6.05 ( Lot= 1250)

GAUTAM

 

[jayan12]

315 CROSSOVER HAPPENED....

Bought HDFC 640 CE @ 13.50 ( Lot= 500)

GAUTAM

Hi Gautam,

I am a bit sceptical about buying the Call option based on the 315 strategy, options lose its value with time... 315 only helps to adjust our direction along with the trend. and it doesn't take care of the time factor .As with the system we are always in line with the direction of the trend...

 

[gb333]

Hi Gautam,

I am a bit sceptical about buying the Call option based on the 315 strategy, options lose its value with time... 315 only helps to adjust our direction along with the trend. and it doesn't take care of the time factor .As with the system we are always in line with the direction of the trend...

If so , then u can check the options values ( i.e delta, gamma, etc)

 

[columbus]

SH,

Earlier you used to a lot POSITIONAL trading.You shifted to DAY trading also
now.Which in your opinion is more fetching?