Pride's Intra-Day Strategy [Profit Everyday]
- Thread starter .Pride.
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manoj, we buy by placing market order once all conditions are fulfilled and candle closes to confirm ema crossover.
for going long, stoploss is the low of the previous candle, or the one before it, whichever is lower among those two.
opposite while going short.
stoploss rarely gets triggered as it is just there to prevent us from making losses when market makes a big move suddenly in the opposite direction.
even if the trade is going against us, we exit when the 5min stoch crosses over..which usually happens much before our stoploss gets hit.
for going long, stoploss is the low of the previous candle, or the one before it, whichever is lower among those two.
opposite while going short.
stoploss rarely gets triggered as it is just there to prevent us from making losses when market makes a big move suddenly in the opposite direction.
even if the trade is going against us, we exit when the 5min stoch crosses over..which usually happens much before our stoploss gets hit.
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