Hi Gulugulu,
It may be premature but I tried a study on ABAN when it was in declining trend. The attached figure shows the trades where with starting capital of 300,000. 1/6th of this, 50000 was allocated. Trading in ABAN was recorded according to your suggestions presented in this thread. One deviation I made was that every month, I checked up average ATR14 for past 80 days and so this value is seen to change periodically. The absolute SL is taken according to initial value of average ATR14.
Your method of averaging, as presented till now, has lowered the loss from 11200 (~4% of total capital) to 6344 (~ 2% of total capital). brokerage is accounted for.
Good show !
Kindly see if i have done the right thing (approximately).
[/URL][/IMG]
please click on the image to get enlarged view.
regards,
It may be premature but I tried a study on ABAN when it was in declining trend. The attached figure shows the trades where with starting capital of 300,000. 1/6th of this, 50000 was allocated. Trading in ABAN was recorded according to your suggestions presented in this thread. One deviation I made was that every month, I checked up average ATR14 for past 80 days and so this value is seen to change periodically. The absolute SL is taken according to initial value of average ATR14.
Your method of averaging, as presented till now, has lowered the loss from 11200 (~4% of total capital) to 6344 (~ 2% of total capital). brokerage is accounted for.
Good show !
Kindly see if i have done the right thing (approximately).
please click on the image to get enlarged view.
regards,
Last edited: