SH's 315 Strategy - how to use if effectively

SummaSumma - You still sound uncertain and doubtful ..... yes I am holding longs (only 50%) since 5552 since 2 days back :)

Please dont wait for my follow up, everything has been explained under this thread on when to exit etc so I am sure you will be able to take a similar exit as mine and other 315 traders.

Be confident !

Cheers
SH
Nifty reversed and shorted at 5484.

Loss of 68 points in this trade (only 50% lot size).

1 whipsaw so back to normal trade size now.

Page Number 315 ... good one :)

Cheers
SH
 
Hi SH sir
today was the first whipshaw after a good trending down move . After the first false move do we take a 50 % or 100% position ? what i understand is for the first 2 whipshaws take 50 % position on the third take 100 % position & finally if there is a fourth whipshaw take 200 % position . Kindly correct me if i am wrong

cheers:thumb:
 
Hello SH,

Happy to see discussion on SH 315 Strategy reaching 315 pages.

I am confused about "rolling over" my position from one month to next. At month-end we have to sell the expiring Nifty Future and buy next month's. This appears to take away some of the profit as next month's future is costlier.

Also not clear on which Nifty Future [current month's or next month's] to take when calculating the ema's.

Kindly give your comments.

regards

Rajeev
 
hello SH/friends

can any one please advice whether for adding to our position, buying a straddle/strangle based on 100ema, 315 crossover, exit and getting back on 3ema touch, our SAR point (viz entry point), correction strategy (3,15,34,100 ema) - for all this we have to wait till 3.25 before taking any action.

also i am planning to trade options based on signals given by 315 as i dont have a large capital as of now. is it advisable? though it has a disadvantage of time decay and expiry issue as there is huge difference in option pricing between current and next month series.

thanks...
 

rkkarnani

Well-Known Member
hello SH/friends

can any one please advice whether for adding to our position, buying a straddle/strangle based on 100ema, 315 crossover, exit and getting back on 3ema touch, our SAR point (viz entry point), correction strategy (3,15,34,100 ema) - for all this we have to wait till 3.25 before taking any action.

also i am planning to trade options based on signals given by 315 as i dont have a large capital as of now. is it advisable? though it has a disadvantage of time decay and expiry issue as there is huge difference in option pricing between current and next month series.

thanks...
"100EMA" , there is no role of 100 EMA in this strategy. Please elaborate on what you wish to convey!!
 

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