Intraday Profit / Loss MGM

Discussion in 'Risk & Money Management' started by wabuf, May 3, 2016.

?

My MGM Method

Poll closed May 3, 2017.
  1. Run with Your Profits/Loss ASAP

    60.0%
  2. Lets Wait for Reversal

    26.7%
  3. Getting/Lossing 50% on my trading capital . I am DONE

    0 vote(s)
    0.0%
  4. Overwaiting for BIG Profit/Loss

    6.7%
  5. No method . Upar wala karega jo karna hai :D

    13.3%
Multiple votes are allowed.
  1. shadoss

    shadoss New Member

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    You can use 100 and 200 simple moving averages cross over


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  2. shadoss

    shadoss New Member

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    Add 50 on your rsi nd determine a trend when your RSI crosses 50 line
     
  3. sharas

    sharas New Member

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  4. trader_ks

    trader_ks Active Member

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    Always maintain good risk/reward ratio for whatever strategy you use.
    Remember that no strategy grantees profit every time and loss in any trade should not nullify profits from past trades , to be successful in long run.
    May be at this point you are just counting the trades which would have been profitable if you would have hold them longer, but I am sure you would have also saved huge losses in few other trades which would have happened if you would have hold them for longer period.
     
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  5. wabuf

    wabuf Well-Known Member

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    Hm I was using ma on rsi earlier . Didnt help much . so removed it.
     
  6. shadoss

    shadoss New Member

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    I trade fundamental, CPI Never disapoin me...

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  7. wabuf

    wabuf Well-Known Member

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    Hi ,
    Bro u guessed it right . I have saved myself enough of times when trade goes against me .When I am in losing trade I get out faster than A bullet :D . I have a time stop . What Risk / reward most people use ? I am not able to pull maximum from the trend thats the problem . :(
     
  8. wabuf

    wabuf Well-Known Member

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    Todays trade problem
     
    Last edited: Jul 25, 2016
  9. wabuf

    wabuf Well-Known Member

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    Oh bro , Thanks for reminding me MFI . Let me check again . Traded with MFI when Used TAME from nse . Then in search of different "WILL MAKE YOU RICH" indicators , got lost , tried several things from aroon to chandlier to chande to what not :D .. ADX makes my eyes cross each other :rofl:
     
  10. sherbaaz

    sherbaaz Banned

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    [​IMG]
     
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