SH's 315 Strategy - how to use if effectively

[anuragjais]

Just wanted to make one thing clear, there were 4 wipsaw's , so do we double our quantity in every whipsaw ??
Suppose i started with 4 lots , i'll be holding 64 lots in my current trade ??

Thanks

 

[kittty]

yes, i learned that after every whipsaw we are into high probablity.so qty shud be double

 

[vinst]

yes, i learned that after every whipsaw we are into high probablity.so qty shud be double

This is not correct.
Position size is a bit subjective and only SH should clear it.

 

[veluri1967]

Just wanted to make one thing clear, there were 4 wipsaw's , so do we double our quantity in every whipsaw ??
Suppose i started with 4 lots , i'll be holding 64 lots in my current trade ??

Thanks

---------------deleted as the posted is repeated

 

[veluri1967]

Just wanted to make one thing clear, there were 4 wipsaw's , so do we double our quantity in every whipsaw ??
Suppose i started with 4 lots , i'll be holding 64 lots in my current trade ??

Thanks

SH expects whipsaws before hand after every trend. Whipsaws are usually two to three. So, it is wiser to adopt doubling the trade after 2 whips, if not three. As per SH view, it is the rarest of rare whips. In fact, SH suspects correction to this present trend if not whip.

Take double quantity of the trade, exit half of it when you see a profit and carry with the trade with remaining position.

If you trade with 4 lots, doubling it makes 8 lots. So, when you see a profit on whole position of 8 lots, book profit on 4 lots and hold remaining 4 lots to be in the trade. Suppose your 8 lots position emergences into a trend you are not looser since you are already into trade with 4 lots and booked profit on 4 lots.

The actual idea behind doubling the quantity is to book some quick profits rather than holding it mechanically until it results in whip. That way it wont result in 64 lots holding which is highly impossible.

Regards
veluri

 

[kittty]

Hi SH sir,
sorry for posting the chart here. is this practically possible to follow the trend using 315 and 50EMA??

 

[sujittalukder]

Could you please post comment also on the observation of the chart
regards

 

[kittty]

more complicated
exit=price away from EMAs and band
reentry = middle of the band
(theoretically)
this chart is to indicate short term exit&entry of previous chart
please advise me

 

[Tradewithhunter]

Just wanted to make one thing clear, there were 4 wipsaw's , so do we double our quantity in every whipsaw ??
Suppose i started with 4 lots , i'll be holding 64 lots in my current trade ??

Thanks

Nope - it is not like martingale where you double your qty with every loss.

you keep same quantity for first 2 whipsaws and double for 3rd whipsaw and 4th whipsaw... i.e if you trade 4 lots ... you trade 8 lots after two whipsaws and keep it 8 lots only for 4th whipsaw as well.

Cheers
SH

 

[pundit]

more complicated
exit=price away from EMAs and band
reentry = middle of the band
(theoretically)
this chart is to indicate short term exit&entry of previous chart
please advise me

Hi,
your image seems a bit complicated, just draw 3 ema 15 ema with candle sticks so it will be easy to study it for every 315 follower.