Swing Calls

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hmp

Well-Known Member
#32
Hi Winstonn.
Realy Great Going. I Would Request U To Give Atlest One Scrip every day In The Range Of 50-200 For Small Traders.
Thanks And Regards. Pl. Keep It up.
Hmp
 

winstonn

Well-Known Member
#34
hi hmp,

it does not matter if the scrip is 50 or 1000, look for % profit................
Wht differentiates them is psychology.

% rise or fall in midcaps is much more than large caps.
So, look at % profit move.....
 
#37
if u are prepared to lose max 1 L on any given day (but of course hope to make money overall) , spead the risk across 50 different scrips, to minimise yr losses.


hi, aligent

it does not mean that 2% stop rule is spreading risk to 50 scrips!!!!!

eg. you have 1,00,000/- and buy 250 Shansun chem at 106 with stop at 98 as per 2% rule, your trading capital on this trade is 250 * 106= 26,500/-.........case (i)

then you have 1,00,000 - 26,500 = 73500. 2% of this is 1470.

then if you wanna buy Media Video at 51 with stop 45, you should buy 1470 divided by 6 = 245 shares . Here ur trading capital = 12495..........case (ii)


now you have 61005 and 2% of it is 1220, and wanna buy 3MIndia at 1510 with stop at 1460,
you should by 1220 divided by 50(stoploss) = 24 shares.
So your trading capital used is 24 * 1510 = 36240..............case (iii)
From case i , ii , iii,
your total trading capital used = 26500 + 12495 + 36240 =75,235/-

now only in three trades your 75% capital is used up, dear Aligent can u explain how can i make 50 trades by 2% rule.

This rule is to limit losses , and take good profit.

thanxs
winston
Winston

Ooops I goofed up.

Wrong interpretation .... but never mind

Tell us anyway, how do u decide the stop losses in each case, and ... more important ... how do u choose the scrips ...

And do u also short sell ?


AGILENT

PS It seems you make money in most (if not all) of your trades ... take care , lest u start getting bothered by the IT guys:rolleyes:
 
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winstonn

Well-Known Member
#38
hi aligent,

:D :D :D i dont trade so huge amounts ,

well, stops are below most recent support , that's true........keep it simple and powerful.

thanxs
winston;)
 

winstonn

Well-Known Member
#40
hi,
all my analysis and targets are based on elliot waves which range from 15 min to 30 min time frame.
I do keep posting elliot waves for sensex also_On index , i prefer to use daily charts for waves.

Regarding , stops, it is below recent support because
 
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