Stock investing for DUMMIES

#22
Its very hard to understand your stretegy, will you please explain using chart. actually I am not getting when to enter and when to exit
 
#23
Strategy
Buy/Add Niftybees when top trigger is broken (i.e. Nifty crosses top trigger)
Sell entire Niftybees holding and Buy R*Shares Long Term Gilt ETF-
Idea is Gilt will hold value when stock market is crashing
Again when Nifty crosses its TOP level at that point of time buy Niftybees

Trigger points:
LATEST TOP ON 06/06/17 9709
LATEST BOTTOM ON 30/06/17 9448

Next Top or Bottom is considered when Nifty breaks this level. Suppose Nifty breaks Top 9709 then I will look for new Top. Then until new bottom forms, 9448 will remain as bottom. Generally in uptrend higher bottom will form, i.e. higher than 9448.

Suppose Nifty breaks bottom 9448 then I will look for new Bottom. Then until new Top forms, 9709 will remain as Top. Generally in downtrend lower top will form,i.e. less than 9709.


I am not using any chart.
I am just noting down latest high and low
nifty.PNG
 
Last edited:
#30
Latest position on 28/07/17
50 1017.73 50886.5 INITIAL
50 1027.57 51378.5
RESULT 492

TOP 9709 ON 06/06/17
BOTTOM 9709 ON 06/06/17

AS NEW BOTTOM HAS NOT FORMED PREVIOUS TOP IS THE NEW BOTTOM
NEW TOP ALSO NOT YET CONSIDERED
 

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