Nifty Positional Trading - Super Trend Indicator

Status
Not open for further replies.
kiran_thiru

kiran_thiru

Well-Known Member
#51
#51
Happy_Singh said:
Hey Kiran

If you have some definable rules for better exits, TSL or Profit booking, please post them here.

We can test them on 4-5 years of past data.

Making conclusions based on just 1 or 2 trades can be dangerous.

Cheers

:) Happy
Click to expand...
happy sir, i am not expert as you. i am a learner in TA from 1 year. so i expressed my doubts. don't think other. :):):)

Cubt said:
Kiran,
Super trend is only about catching big trends, that is when there is a movement of 150 to 300 points, u will be there in the trade.

Usually as per this system, the stop loss varies with eah time frame n also tsl keeps moving as per the movement in nifty. You can exit when u get 50 to 70 points as per ur wish n re enter again. But I do not want to mix up discretionary thinking with already proven system. Thats why I exit as per the system,

My intention is to increase my capital in the long run, am not in a hurry to run after each n every 50 points movement. And that doesnt suit my trading personality as well.

As this system already plota fixed traget for each entry, you can exit as and when the target is reached. I will update the target levels as well from my next post.
Click to expand...
cubt sir, thanks for detail explanation. what u said is right. super trend catches big moves. but intra day traders are not patience like me. you are positional trader.
good going. best wishes from me. :thumb::thumb::thumb:
 
Status
Not open for further replies.
Thread starter Similar threads Forum Replies Date
S PDHL POSITIONAL TRADING IN NIFTY FUTURE Position Trading 1
B Nifty Positional trading Derivatives 74
S About Nifty Positional Trading Advanced Trading Strategies 2
S Nifty future or Stock future? Which is good for positional trading? Futures 2
S My Positional trading diary - Only Gold and Nifty Trading Diary 1

Similar threads