Trading the Enterprise...!

[msa5678]

have u exited ur postion linkon sir. i shorted at 5041. i got cover signal at 5048 i wait for 60 sec after that i exited at 5051 because that time price was 5051. system showed that signal sometime after that it disapperd. so how can we trust backtest repor. if signal changes like this. plz have a look. correct me if i am wrong.

But, Nilesh, Why did you exit ? The candle didn't close no ?

 

[soumen.bag1]

Again short @ 5041 and hold 50% still now

 

[nilesh53333]

But, Nilesh, Why did you exit ? The candle didn't close no ?

so u mean we have to wait till candle close. oke. :thumb:

 

[msa5678]

so u mean we have to wait till candle close. oke. :thumb:

I am doing like that.

 

[soumen.bag1]

All exit @ 5045

 

[linkon7]

have u exited ur postion linkon sir. i shorted at 5041. i got cover signal at 5048 i wait for 60 sec after that i exited at 5051 because that time price was 5051. system showed that signal sometime after that it disapperd. so how can we trust backtest repor. if signal changes like this. plz have a look. correct me if i am wrong.

I have exited my positions 75% at 5072.....! carried 25%

went fishing for some contra buy of 5000 call to hedge the short... both times hits sl...! I am never comfortable adding to short when nf is down -100 already...! scares me actually...! intraday trend remains down...! so opted to lock profit... buy being long on options...! Nothing to do with his system so didnt post here.

This system is a scalper, and how u plan your exits is totally up to you. The method i mentioned is how i use it. MSA likes to wait for bar close. Some might prefer exiting the moment TSL is hit. Other might like to hold on to the trade with initial stops till they get some more point under their belt.

Backtest reports can never be trusted for any system. Since emotional trauma that goes through your mind when your money is at stake in a trade differs from day to day. Like today, i expected a swift move down, system gave short, i was happy to short, when i know my initial stop is secured, my only intention for the day is to lock the profit at some lvl. This will not show on the backtest...!

 

[nilesh53333]

I have exited my positions 75% at 5072.....! carried 25%

went fishing for some contra buy of 5000 call to hedge the short... both times hits sl...! I am never comfortable adding to short when nf is down -100 already...! scares me actually...! intraday trend remains down...! so opted to lock profit... buy being long on options...! Nothing to do with his system so didnt post here.

This system is a scalper, and how u plan your exits is totally up to you. The method i mentioned is how i use it. MSA likes to wait for bar close. Some might prefer exiting the moment TSL is hit. Other might like to hold on to the trade with initial stops till they get some more point under their belt.

Backtest reports can never be trusted for any system. Since emotional trauma that goes through your mind when your money is at stake in a trade differs from day to day. Like today, i expected a swift move down, system gave short, i was happy to short, when i know my initial stop is secured, my only intention for the day is to lock the profit at some lvl. This will not show on the backtest...!

very well said sir. :thumb:

 

[linkon7]

we seem to be getting in the 15 point range everyday after a good move...and towards the end we continue with the trend in the last 45 min...

will we repeat this pattern today also...?

 

[inder.jeet]

Linkon7 sir, news coming for company makeng good profit in cnbc so all yellow candle no going dowm more

 

[linkon7]

Linkon7 sir, news coming for company makeng good profit in cnbc so all yellow candle no going dowm more

trust me..no one has any clue on what the eod direction is...!

and frankly I dont care. All we want is the system to end in positive by the end of the week. Bas..!

I hope u took the 59 long... gave a good profit...!