15 min. Breakout - tradingisfishing

[MSN1979]

I took the same short in TATA STEEL yesterday. In the end, booked loss after the Bhushan Steel news.

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If something moves 3% down. In my book its time to take partial profits.

 

[tradingisfishing]

jetairways, ibrealest

 

[tradingisfishing]

If something moves 3% down. In my book its time to take partial profits.

Can do that but idea of thread was to put very simple without monitoring yet profitable way of trading.. Sometime later I am planning to put a thread on delta/Gamma neutral way of trading for 4-5% gains per month but almost no drawdown..

 

[tradingisfishing]

If something moves 3% down. In my book its time to take partial profits.

Active trade management surely will reduce drawdown and smoothen equity curve. I don't think it make difference in overall returns ultimately. But DRAWDOWN is biggest enemy of any System Trader. There will be many things which are beyond scope of this thread. After all trading opens gate to numerous permutations and combinations. Ultimately everyone is unique and will adjust to their style of trading.

 

[tradingisfishing]

pnb & Axisbank

 

[tradingisfishing]

jetairways, ibrealest

 

[tradingisfishing]

pnb & Axisbank

 

[tradingisfishing]

no trade today

 

[tradingisfishing]

idea & adanient

 

[tradingisfishing]

idea & adanient