Hi Lancer,
The BUY Trigger Of NOIDATOLL Is Based On 20/50 & Not A Fresh BUY Trigger, Therefore, Trades Based On 20/50 Are Position Sized With Risk Of 1-2% With Targets....Not Advisable For F&O If It Is A Continuation & Moreover S/L Will Need To Change By Calculating 1-2% Risk On F&O Lot Size & Margin Employed.
Ideally One Should Take Positional F&O From Fresh Triggers From 5/6 Which Is Presently Referred To As BUYHOLD List.
Playing The Huge Lot Sizes Requires Lot Of Nimbleness, No Lunch, No Snacking, No Loo.....Till 3.30 PM....If You Are Already In A Trade....
Happy & Safer Trading
SavantGarde
The BUY Trigger Of NOIDATOLL Is Based On 20/50 & Not A Fresh BUY Trigger, Therefore, Trades Based On 20/50 Are Position Sized With Risk Of 1-2% With Targets....Not Advisable For F&O If It Is A Continuation & Moreover S/L Will Need To Change By Calculating 1-2% Risk On F&O Lot Size & Margin Employed.
Ideally One Should Take Positional F&O From Fresh Triggers From 5/6 Which Is Presently Referred To As BUYHOLD List.
Playing The Huge Lot Sizes Requires Lot Of Nimbleness, No Lunch, No Snacking, No Loo.....Till 3.30 PM....If You Are Already In A Trade....
Happy & Safer Trading
SavantGarde
Hi Scorpio,
I agree with you totally. For positional buy Or swing trading it is fine to rely upon Crossover and BB. But the big Q is how far it is safe for FNO or do we need some other indicators. The stakes are high. For example take a look at the lot size.
The last named had trigger last week at 46 and made a high of 48.5 and it's S/L is pegged below 40. The CMP is 42.5. So how to go about it ?
Our purpose is how to integrate this system in FNO . Is it viable or not. Some more safty coushions are required to minimize the risk ? Try S/L they hit fast. Don't do that and have a stroke!
Or does it mean that the FNo segment is only for FII and DII, where the cream of profits lay ?
To the best my experience, if one lot is handled nimbly can get you a plus of 50 thousand per day, if you are comfortable with both short and long. A bit of whipsaw makes it a negetive trade with MTM trailing losses and you dont know where to stop.
Yes ! You do need a very big heart to go into it.
Now it is upto Savant whether to continue or put a stop to it or start a new thread for it.
Wishes,
Lancer.
I agree with you totally. For positional buy Or swing trading it is fine to rely upon Crossover and BB. But the big Q is how far it is safe for FNO or do we need some other indicators. The stakes are high. For example take a look at the lot size.
The last named had trigger last week at 46 and made a high of 48.5 and it's S/L is pegged below 40. The CMP is 42.5. So how to go about it ?
Our purpose is how to integrate this system in FNO . Is it viable or not. Some more safty coushions are required to minimize the risk ? Try S/L they hit fast. Don't do that and have a stroke!
Or does it mean that the FNo segment is only for FII and DII, where the cream of profits lay ?
To the best my experience, if one lot is handled nimbly can get you a plus of 50 thousand per day, if you are comfortable with both short and long. A bit of whipsaw makes it a negetive trade with MTM trailing losses and you dont know where to stop.
Yes ! You do need a very big heart to go into it.
Now it is upto Savant whether to continue or put a stop to it or start a new thread for it.
Wishes,
Lancer.
