Try and write some trades on this..i mean entries and exits and reasons...u will see it is not all dat simple....MM and TP is very imp...and im eaiting eagerly for SH to detail us on the same....
for example you have 2 lakh rs. take dlf lot size as 800 and entry price is 145. u need 40000 rs per lot and additional 20000 (50%) as M2M adjustments. you buy 3 lots and add 2 more lots at 250 and exit all 5 lots at 350 and short 3 lots at 350, now dlf is at 280. your total profit would be 7.3 lakhs on investment of 2 lakhs in one year !!!! what else you want ?
i am also waiting for clear rules on this by thread initiator, dont know why he is taking so long ?