Guys I would like to share this strategy with you. Perhaps some of you are already familiar with it. This strategy whenever works can earn UNLIMITED PROFITS by SL CHASE and PYRAMID BUILDING. I will tell my PRACTICAL AND SUCCESSFUL strategy. It has following good things associated with it:
1. 2-4% of SL risk.
2. Break even points achieved early.
3. With very less amount of money u can earn huge and your broker will have no problem to give u margin as you build positions on profit only.
4. Needs little technical analysis.
5. Big position are built on profit only.
6. Shorter positions on lose
Drawbacks
1. Straight run stocks for at least 20% run on shorter or longer side are difficult to determine.
2. Indian markets allow shorting only in futures.
Remaining explanation in next post, depending on interest of you people.
1. 2-4% of SL risk.
2. Break even points achieved early.
3. With very less amount of money u can earn huge and your broker will have no problem to give u margin as you build positions on profit only.
4. Needs little technical analysis.
5. Big position are built on profit only.
6. Shorter positions on lose
Drawbacks
1. Straight run stocks for at least 20% run on shorter or longer side are difficult to determine.
2. Indian markets allow shorting only in futures.
Remaining explanation in next post, depending on interest of you people.