OPENING PRICE BASED , PYRAMID SYSTEM

[navaneetha.007]

s4 is just covering/unwinding s4 addition,buy comes above 485.10, ema above round

 

[navaneetha.007]

sorry collective means if added 5 additions then it becomes one stop, eg: say added 20qty sell @490 then stop =495.10,next 489,then stop=494.10(40qty), so at 485, stop=(490.10 qty 100),sell @484 then stop=489.10(20qty),490.10(100), block qty 100 stop will move down slowly.

 

[navaneetha.007]

main thing loose less say i added at 490 sell as per the chart if i add 100 then if my stop 5 rs hit my loss 500, but if i add 20 my loss 100 ie it , if it goes in my way i add ie it who knows what will happen next

 

[bpr]

sorry collective means if added 5 additions then it becomes one stop, eg: say added 20qty sell @490 then stop =495.10,next 489,then stop=494.10(40qty), so at 485, stop=(490.10 qty 100),sell @484 then stop=489.10(20qty),490.10(100), block qty 100 stop will move down slowly.

we are on same page on collective stop loss.

So lets go back to ur original idea addition at 1 step with SL at 5 step but it is collective trailing

And I assume you only sell below the opening range and buy above the opening range however I see some exceptions in your charts

Lets ignore that for a sec ....so the essence is 1STEP linear pyramid with 5STEP Collective SL
this require price to move 10 step before you break even ...this will only make money if price moves in one sided ....in all other case it will loose money

 

[navaneetha.007]

sir i need to follow some rules correct, with out rules how can i trade, so as i told 50ema c is my reverasl stop, or big bar high low. which ever comes first.nothing to worry here will have some draw down while trading may be for some days then good days will come .

 

[bpr]

sorry collective means if added 5 additions then it becomes one stop, eg: say added 20qty sell @490 then stop =495.10,next 489,then stop=494.10(40qty), so at 485, stop=(490.10 qty 100),sell @484 then stop=489.10(20qty),490.10(100), block qty 100 stop will move down slowly.

hold on a sec why "sell @484 then stop=489.10(20qty),490.10(100)" ?
I thought sell @484 then stop=489.10(120qty)

Explain "block qty 100 stop will move down slowly."

are you stopping at 5 adds ? I thought we are adding as many as possible ?

 

[navaneetha.007]

hold on a sec why "sell @484 then stop=489.10(20qty),490.10(100)" ?
ans: @484 then stop=489.10(40qty),490.10(100) sorry.

 

[navaneetha.007]

hold on a sec why "sell @484 then stop=489.10(20qty),490.10(100)" ?
I thought sell @484 then stop=489.10(120qty)

Explain "block qty 100 stop will move down slowly."

are you stopping at 5 adds ? I thought we are adding as many as possible ?

after five add i loose fully , ie 490,489,488,487,486 then my stop 486+5=491(qty100), then when add at 485,484,483 then my stop 490.10(100), and next stop =483+5=488(60qty)

 

[navaneetha.007]

i suggest keep the stop above hrly h/l, then when price comes to my exit move the stop there

 

[navaneetha.007]

i suggest try add on round numbers with slm