SH's 315 Strategy - how to use if effectively

M

manoharpillai

Well-Known Member
#4,041
#4,041
rkkarnani said:
Its a laudable effort to maximise returns in this simple strategy... but I fear Manohar that in trying to maximise we might loose the simplicity!!! My personal opinion is that we should try to maximise without using further "Technicals". As it is the entry and add rules make this strategy quiet strong!! In my view we should aim to make the strategy more 'comfortable' to adhere to the rules. Most of us here are afarid of the whips.. how to overcome or minimise it... I know discipline is the key but what else!!
Look forward to more inputs from all who are using it!! Will be good if we can start a New thread and let the original remain original!!!
Click to expand...
Agreed let this thread be left on its originality and thanks for starting new thread let us discuss other related mater ..... looking forward to see many other experts also join in to give their opinion in your new thread
 
A

achopraa

Member
#4,042
#4,042
As per my guesstimate, today's Candle will open below 3EMA(without touching).
Only if the Opening Price is Around 5135, the 3EMA line will be touching the Candle. Anyone shares the same view? Explanation later.

Edit
First Guesstimate turns out to be True.

Second Guesstimate - Even tomorrow the Candle will Open below 3EMA. How? Details tomorrow only once it happens.

Jai Ho 315!!!
 
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R

rajesh pawar

Member
#4,046
#4,046
rkkarnani said:
I will exit on breach of todays opening high of 5047 , say around 5052 .. holding shorts till then... If I book around 5052, I will short again at ~5080, the value of 3EMA at open!!
Click to expand...
I have booked my shorts in mini nifty 5040 and bank nifty 9015 at the open... but the trader in me thinks that it is right to wait for the market to go thru the open high to book profits. This way we can gather more if the trend goes further in our favour. (trying to catch the bottom)..
 
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Piuvbn

Piuvbn

Active Member
#4,047
#4,047
rkkarnani said:
Its a laudable effort to maximise returns in this simple strategy... but I fear Manohar that in trying to maximise we might loose the simplicity!!! My personal opinion is that we should try to maximise without using further "Technicals". As it is the entry and add rules make this strategy quiet strong!! In my view we should aim to make the strategy more 'comfortable' to adhere to the rules. Most of us here are afarid of the whips.. how to overcome or minimise it... I know discipline is the key but what else!!
Look forward to more inputs from all who are using it!! Will be good if we can start a New thread and let the original remain original!!!
Click to expand...
Let origineal stay original. Even one followes with losses incurred due to whipsaws still there is handsome profits. Huge gap against entry is rare. It is a simple system and only the need is to follow it.
Cheers
 
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R

rishete

Member
#4,048
#4,048
Tradewithhunter said:
Nifty at 5035 and 3 EMA at 5086 .... almost 50 point difference....

I have booked shorts at 5038 for the time being....

Will re-enter around 5080-5085 or 3 EMA touch whichever happens earlier.

Cheers
SH
Click to expand...
SH... Thanks for your reply, Just thinking what would be the reason for re-entering around 5080 - 5085 is due to that..when we book the profit at that time 3 EMA was around that value? or any other reason?
 
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