When a trade opportunity comes in Nifty or BankNifty, will go either long
or short and hold the position until next signal come for the reversal
of the trade.
Money management is the important aspect
in doing the trading using this system. If trader trade in multiple
lots, then doing part booking is advised for few lots and trail the rest
for the reversal to happen to ride the entire trending move.
GUIDELINES
- Don't run into hope mode by having a number in mind. Be flexible to trade as chart says.
- Just Follow trend, No Prediction, No tension, No confusion.
- Money Management is a must, Capital safety important. If you have 2 lots of money, trade with 1 lot.
- Do you care about news, news will be reflected in charts ahead. Just follow charts.
- You need not to be in trade all the time. Wait for the opportunity, don't trade when you want.
- This system might not be interesting one for predicting traders.
- For Stock Future trades make sure that you do not have more than 1 point risk, for Nifty futures trades 20 points risk and Bank Nifty futures trades 50 points risk.
- Do not enter into any trade that has no good risk reward ratio (as per your risk capacity).
DISCLAIMER
This
is a technical analysis that generates trade signals for educational
purpose. All responsibility of money management and trades lies with the
traders who do the trades.
Trade in planned way and follow the market signals, just follow the market and Market rewards you.
All prices mentioned are future prices unless it is specified.
Any changes in the prices during market hours will be updated here during market hours if required.
****Read the system guidelines and disclaimer before you take trading decisions.