15 min. Breakout - tradingisfishing

[MSN1979]

MSN1979, the 3.5% SL he is saying is of the total capital 10 lacs. So allowed risk would be = 10,00,000 x .035.
See here http://www.traderji.com/community/threads/15-min-breakout-tradingisfishing.106622/post-1297129

New Trader it will turn out to be the same. If you check his excel sheet carefully he is trading 10L Per Scrip

 

[MSN1979]

View attachment 26804

Check this newtrader Rpower trade 10L * 0.35 % would be 3500 where as his loss is 22400 (In this case 35000 was more then candle low, so he exited at low of candle)

15 Min candle is relatively bigger candle and would not be able to withstand such a small SL

My Understanding of the system is he using 3.5% or candle Low in most cases they are about the same. Most of the traders fail in Intraday as they use a Incorrect SL.

This is my understanding of his system. He can choose to correct if there is a misunderstanding

 

[tradingisfishing]

adanipower & ujjivan

 

[against_tides]

hi..did you posted yesterday's stats..

 

[tradingisfishing]

SAIL, WOCKPHARMA, BERGERPAINT

 

[MSN1979]

adanipower & ujjivan

I just don't like the way markets are going today.

 

[tradingisfishing]

I just don't like the way markets are going today.[/QUOTE

Closed finally... After moving in tight range

 

[MSN1979]

well it gave u a below decent profit (according to your standards). But still profit is better then loss. So cheers

 

[tradingisfishing]

well it gave u a below decent profit (according to your standards). But still profit is better then loss. So cheers

Green is Good always.. Surviving itself is difficult in market.

 

[tradingisfishing]

adanipower & ujjivan