Dear Linkon7
I think some of members have misinterpreted my posts. I am not here to claim or promoting some trading strategy , only wanted to convince that earning from stock market is not very tough if we have definite set of rules and discipline in our trading method with good money management.
My first post was saying that we can earn good profit even we exit at 1 % from our position then why to greed for more. This 1 % theory is working in my trading and it may work in your trading too....
Regarding buy levels , i was not supposed to even give that but gave just to convince co - members for this 1 % theory , So that they can avoid greed of so - called better risk reward ratio which looks good for discussion.
Some of members pointed that is it so easy to have a trading strategy which can give 60 % accuracy , so i posted some levels to check whether this 60 % accuracy or more can be achieved or not .
If some advanced or super traders think my post is not constructive then he may be saying right bcoz i said in starting material in this thread is not applicable to advanced traders who are already earning consistently .
We may discuss later on regarding buy levels , first have to check their accuracy
I think some of members have misinterpreted my posts. I am not here to claim or promoting some trading strategy , only wanted to convince that earning from stock market is not very tough if we have definite set of rules and discipline in our trading method with good money management.
My first post was saying that we can earn good profit even we exit at 1 % from our position then why to greed for more. This 1 % theory is working in my trading and it may work in your trading too....
Regarding buy levels , i was not supposed to even give that but gave just to convince co - members for this 1 % theory , So that they can avoid greed of so - called better risk reward ratio which looks good for discussion.
Some of members pointed that is it so easy to have a trading strategy which can give 60 % accuracy , so i posted some levels to check whether this 60 % accuracy or more can be achieved or not .
If some advanced or super traders think my post is not constructive then he may be saying right bcoz i said in starting material in this thread is not applicable to advanced traders who are already earning consistently .
We may discuss later on regarding buy levels , first have to check their accuracy
Also, i feel that we can put this to test if we select a set of trade using a criteria and keep the expectation to a 1:1. Keeping a expectation of 1 : 1 will make sure we dont set too high expectations and hence increase our accuracy.
please do continue. we all start something with a particular intention and somehow, somewhere down the line, we keep adding / altering parameters and we end up with something awesome or something too complex. I am sure we can work this to something constructive for the benefit of some members...