SH's 315 Strategy - how to use if effectively

[saravkarun]

Hello Mr. SH:

I am going through you thread. Understood the basics in the first few pages and when I browsed the last few pages, I understand that the strategy has gone through some modifications...Since, this is a 600-page thread...it will be a time-consuming effort to pick out all the nuances of the strategy...So, if you have the whole strategy in a nutshell like a pdf document of any other form can you please share it?

Thanks in advance.

Regards,
Saravanan.

 

[Tradewithhunter]

Hello Mr. SH:

I am going through you thread. Understood the basics in the first few pages and when I browsed the last few pages, I understand that the strategy has gone through some modifications...Since, this is a 600-page thread...it will be a time-consuming effort to pick out all the nuances of the strategy...So, if you have the whole strategy in a nutshell like a pdf document of any other form can you please share it?

Thanks in advance.

Regards,
Saravanan.

Sorry I have not kept any PDF ... it's all in my head so dont need it. Some other trader here might have it...

Cheers
SH

 

[rkkarnani]

Hello Mr. SH:

I am going through you thread. Understood the basics in the first few pages and when I browsed the last few pages, I understand that the strategy has gone through some modifications...Since, this is a 600-page thread...it will be a time-consuming effort to pick out all the nuances of the strategy...So, if you have the whole strategy in a nutshell like a pdf document of any other form can you please share it?

Thanks in advance.

Regards,
Saravanan.

Some here had shared this PDF, not sure if it has the entire strategy. You can have a look!
https://drive.google.com/file/d/0B_2ZpsxffrxTd01naTl1SjVWb3c/edit?usp=sharing

 

[can]

Thank u SH and all members for the great work. It only took me few weeks to get through the 600+ pages but my time was worth it. I will be trading this set up soon. Will keep u posted.



SH do u have any additional tips to tade in Canadian Market(TSX) as it is heavily commodity weighted.

I am also looking for the excel sheet for EMA calculation as all the previous links have been deleted.


Thank you

:thumb::thumb::thumb::thumb::thumb::thumb::clapping::clapping::clapping::clapping

 

[amitsh27]

315 happened in NS yest....confirmation by eod

 

[timepass]

315 happened in NS yest....confirmation by eod

No. As per my charts, there was no 315 crossover yesterday.

Interestingly, as per Santhosh's modification, nifty is bouncing off 15ema (low) (for the third time since 14th Feb) hence shorts not triggered.

 

[trade4joisar]

Markets at 5351 right now .... around 430 points profit on original lot ...... I have booked 50% today ... just holding the rest 50%.

Over the last 3 years of me trading 315, I have observed one thing on charts as well as on my ledger. This is something I have shared in the past as well i.e the cyclical nature of the market.

It means that every trend is followed by a rangebound market and every range is followed by a trend..... we hardly get a trending move immediately after a trending move and ranges do not continue forever. This is why we dont see a lot of 'V' shaped patterns on EOD charts.

A desciplined trader needs to stick to the system however also needs to adjust to the cycles and vary his trade sizes accordingly. I have been trying to proactively anticipate these cycles for last 1 year and now can share my 'sizing' strategy to the 315 traders here for their assessment and application.

My original strategy said that each trade needs to have equal trade size (Though in the past I kind of leaked my strategy by taking double trade quantity after 3 whips).

My 'amended' position size strategy is below.

After a good trending move is over (a move exceeding 5% and above excursion in favour of the 315 trade):

1. Take 50% of normal trade size on the next crossover .. there is a 'high' chance that this crossover will be a fake. A conservative trader can also decide to skip this crossover completely or take an small positions in options.

2. Take 50% of normal trade size in futures if the above crossover fails. This means that we are back in the bigger trend and hence the chances of a whip are relatively moderate.

3. Take normal trade size if the above crossover also fails. This means that markets have gone into some sort of range and a new trend is about to begin.

4. Take 200% of normal trade size as in rare scenarios, the 3rd crossover also might fail. This happened with us once recently. This means the markets have gone into a prolonged range and hence the start of a new trend is imminent.

By adjusting the position sizing, we will be losing less during whips and earn more with trends. Do backtest the same and post your comments/queries.

Cheers
SH

After one of the best move of 315, down crossover in spot and future (please correct if not in fut) too.

 

[amitsh27]

No. As per my charts, there was no 315 crossover yesterday.

Interestingly, as per Santhosh's modification, nifty is bouncing off 15ema (low) (for the third time since 14th Feb) hence shorts not triggered.

What your chart says now?? Go short???

 

[timepass]

What your chart says now?? Go short???

seems like no trade zone to me. Choppy times these, till the election results.

 

[test123]

naaa it didn;t break red line so i would go long :xdD For intra day ... won;t carry position tho lol
keeping stop loss slightly below red line


do remember Main trend is Down only :xD as of current unless it crosses 6900