SH's 315 Strategy - how to use if effectively

[mangup]

Thanks RH Sir,

See, if I wouldn't have got your comments I wouldn't have got to know that there is a close price and a settlement price.

please let me know if excel sheets can be uploaded. Please let me know if other details should be posted.

Date Close Settle Price
30-Jul-12 732.95 732.95 Enter Long at 730 500 365000
31-Jul-12 745.8 745.8
1-Aug-12 750.15 750.15
2-Aug-12 744.05 744.05
3-Aug-12 748.3 748.3 Add 740 500 370000
6-Aug-12 788.8 788.8
7-Aug-12 786.15 786.15
8-Aug-12 792.4 792.4
9-Aug-12 785.4 785.4
10-Aug-12 787.05 787.05
13-Aug-12 792.35 792.35
14-Aug-12 803.65 803.65
16-Aug-12 816.75 816.75 Exit 813 1000 813000



Hope the post looks okay!




Best regards,

What's the reason for exiting reliance on 16th Aug at 813?

 

[taruj]

What's the reason for exiting reliance on 16th Aug at 813?

Dear Mangup,

while the reason was more psychological, In the intraday chart it was looking quite weak as well. and this was a paper trade.

Regards,

 

[neuron_sun]

Hi All

Did some one tried to tweak this strategy for intra day?

Thanks

 

[taruj]

What's the reason for exiting reliance on 16th Aug at 813?

mangup, am quite new to futures. do you have any idea on mark to market? if yes can you plz explain what would have been the m2m for each day. taking the hypothetical trade in my earlier post. would be greatly idebited.

regards,

 

[taruj]

Hi All

Did some one tried to tweak this strategy for intra day?

Thanks

dear neuron_sun,

it seems that people have either not tried or realised that its not suited for day trading.

back in the day when I was trying to learn to daytrade i read that you should use oscillators rather than MA crossover for intraday trades. i wish I could find the source...

regard,

 

[angrish99]

this stratgey is not suitable for intra day

 

[manojborle]

Yesterday after 315 bearish crossover had taken on nifty september future, I bought 5400 put september expiry @ 122 and holding now, 100 EMA is @ 5240 as of yesterday, so will hold the put till this

 

[manojborle]

Yesterday after 315 bearish crossover had taken on nifty september future, I bought 5400 put september expiry @ 122 and holding now, 100 EMA is @ 5240 as of yesterday, so will hold the put till this

I don't know how to calculate the price of put at 5240, so just assuming that it will be in the range of 170-180

 

[manojborle]

I don't know how to calculate the price of put at 5240, so just assuming that it will be in the range of 170-180

According to Sh strategy, BEAR SAR is now @ 5387.45

 

[manojborle]

I don't know how to calculate the price of put at 5240, so just assuming that it will be in the range of 170-180

Booked put @ 142, will wait to enter again for now