Hi Rajeabc,
If You Follow The 20/50 Triggers Then Here Is A Method Of Trailing S/L Which Should Work Well In Protecting Your Profits.....
1) Day Of Entry No S/L
2) T+1 You Calculate 50-DMA As On T & Keep The S/L On T+1
3) T+2 You Calculate 49-DMA As On T+1 & Keep The S/L On T+2
4) T+3 You Calculate 48-DMA As On T+2 & Keep The S/L On T+3
This Keeps Happening Till You Reach 10-DMA Which Remains Constant But Changes For Each Day That Elapses, Because You Re-Calculate 10-DMA At Every EOD For Next Day... That Is How One Can Protect The Downside...& Let The Profit Run...& Keeps Losses To Manageable Limits.
Happy & Safer Investing
SavantGarde
If You Follow The 20/50 Triggers Then Here Is A Method Of Trailing S/L Which Should Work Well In Protecting Your Profits.....
1) Day Of Entry No S/L
2) T+1 You Calculate 50-DMA As On T & Keep The S/L On T+1
3) T+2 You Calculate 49-DMA As On T+1 & Keep The S/L On T+2
4) T+3 You Calculate 48-DMA As On T+2 & Keep The S/L On T+3
This Keeps Happening Till You Reach 10-DMA Which Remains Constant But Changes For Each Day That Elapses, Because You Re-Calculate 10-DMA At Every EOD For Next Day... That Is How One Can Protect The Downside...& Let The Profit Run...& Keeps Losses To Manageable Limits.
Happy & Safer Investing
SavantGarde
I 'd really appreciate, if you could please put above method in afl. :thanx:
Hi Savant,
I really liked this method, never thought of such an approach before. :thumb: