Hello friends
After trying my hand at day trading I felt that its a full time business, while I cannot quit my day job. So I have decided to try my hand at Swing trading instead. Though a lot of information is available on TJ regarding swing trading but still I felt it was not as comprehensive as it is for day trading and positional trading. I hope a lot more good discussion happens on this thread pure for Swing trading and I hope I am able to make this thread an active one.
Posting the trade from 2 days back. The system is quite simple and not back tested enough so please Gaali mat dena doston
Its a MA crossover combined with PA. TF is 30 mins and MA are 5 and 22.
Taken long at the last cross on day before and booked profit post weakness in the last half an hour. Will to go short below the new cross expected at the yesterday's low.
SL is generally max 40 points, capital is 50K and post tax target is ROE = 50%
After trying my hand at day trading I felt that its a full time business, while I cannot quit my day job. So I have decided to try my hand at Swing trading instead. Though a lot of information is available on TJ regarding swing trading but still I felt it was not as comprehensive as it is for day trading and positional trading. I hope a lot more good discussion happens on this thread pure for Swing trading and I hope I am able to make this thread an active one.
Posting the trade from 2 days back. The system is quite simple and not back tested enough so please Gaali mat dena doston
Its a MA crossover combined with PA. TF is 30 mins and MA are 5 and 22.
Taken long at the last cross on day before and booked profit post weakness in the last half an hour. Will to go short below the new cross expected at the yesterday's low.
SL is generally max 40 points, capital is 50K and post tax target is ROE = 50%
