Trading Pullbacks, Tradelog

TracerBullet

Well-Known Member
#31
1 trade today



FT of High in Hindalco, multiple HTF bars' compression BO failed quickly ( visible in LTF). Nifty also sideways. FTs are taken with 1/2X risk

Finally a trade moved to target. I trailed rest a bit too aggresively ( old habit, maybe due to anchoring of target price .. ). Just after my exit, Nifty decided to finally break out of range and Hindalco ran very well. FT is CT and most trades will probably not run like this. But we can get big move when trend change happens.

I will try to align my trades with Nifty trend and pattern when it makes sense. So nifty sideways, prefer FTs. Now index has broken down well, will look for bear flags if they show up.

This month gross so far is -1.4% and expenses -1.3%
 

HappyLife

Well-Known Member
#32
You are using comparative relative strength.........
so asking do you have 1minTF data backup of August & November - 2016
of Nifty spot & few stock like tatasteel , sbin , vedl , hindalco , dlf & apollotyre ( 2/3 stock data from this will be ok).
 

TracerBullet

Well-Known Member
#34
You are using comparative relative strength.........
so asking do you have 1minTF data backup of August & November - 2016
of Nifty spot & few stock like tatasteel , sbin , vedl , hindalco , dlf & apollotyre ( 2/3 stock data from this will be ok).
Data is taken every day. If you have missing data you can fill 22 days from Datatable. Also can use this

Try to get avg atleast 3x in ur winning trades and try keeping risk within 1 to 1.5 x per trade otherwise will be very difficult to make decent profits after expenses.all the best .
I plan to use scale out at 1X/2X and trail rest. With wide stops 3x will be rare. Need to improve 1X hit rate.
Initial Stops are always 1X as position sizing varies qty. 1X stop hits should be rare as we tighten once trade moves or if trade stalls for few bars.
 

rjshem

Well-Known Member
#37
I plan to use scale out at 1X/2X and trail rest. With wide stops 3x will be rare. Need to improve 1X hit rate.
Initial Stops are always 1X as position sizing varies qty. 1X stop hits should be rare as we tighten once trade moves or if trade stalls for few bars.[/QUOTE]

Good stick to same plan for all trades and stick with ur system at all times itll make u a winner in long run.
 

TracerBullet

Well-Known Member
#38
Good stick to same plan for all trades and stick with ur system at all times itll make u a winner in long run.
Its early days, Once i have done a lot of trades, can look at expectency of T1/T2/Trail for different scenarios and then try to adjust.

Right now, need to improve setup selection ..
 
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TradeOptions

Well-Known Member
#39
You are using comparative relative strength.........
so asking do you have 1minTF data backup of August & November - 2016
of Nifty spot & few stock like tatasteel , sbin , vedl , hindalco , dlf & apollotyre ( 2/3 stock data from this will be ok).
Bhai currently I am out of station. If you can wait one week max, I will provide you all this data from esignal :)

Thanks and regards
 

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