Hi anant,
Thanks for the beautiful work you have done, one question I want to ask is we will create the watch list only when the new list is posted by Savant Sir we don't need to create every time new watch list only need to change the name right ? After the new list need to delete name of the stock which is exist in the previous list and will start adding new list please correct me if am wrong, sorry if is stupid question.
Thanks
balram
Dear Balram,
You need to create a watchlist for all the stocks which generate triggers on the same day. If Savantji posts another list on a subsequent day you have to create a second watchlist and if one more list comes on some other day then create a separate list for that day. This is because of two reasons:
1. When a new list is posted there may be still many stocks in your first list which have not yet hit SL or target. So, you need to retain them. As the updater works for a particular buying date you can not mix stocks bought on different days in one list. You need to maintain separate lists.
2. It is easier to track all the stocks bought on same day in a separate report for each buying day rather than putting all in one report. Programming the AFL to take different dates of buying and apply to a single list is not possible.
You remove only those scrips from a watchlist which hit stoploss or when Savantji tells that it is out. Even if a target is hit it remains in the list because you will get new SL and targets for it to track further.
In essence, therefore, you should not delete any watchlist till all the stocks in that list are out. You have to maintain different lists for different buying dates.
I hope I am clear in my explanation. For further clarification please post your question without hesitation. Do not think your question is silly. You will learn only by asking.
Regards
-Anant
.... can u tell me something more about it..... i am going for a future in share marker.....
