SH's 315 Strategy - how to use if effectively
- Thread starter Tradewithhunter
- Start date
Did not trade it, but extensively went through historical charts ( Nifty only) and my conclusion :
As with EOD crossovers there are whips, though number maybe less but whip sizes are BIGGER !
In December there were 4 signal on consecutive weeks giving Sell/Buy/Sell/Buy !
These could be avoided/minimised if we can apply my suggestion as in EOD to take a trade on opening of the next bar after Crossover bar with some filter. This surely delays the entry and entry levels are adverse to the original strategy advised by TWH !
But I find it comfortable.
One need to keep on Booking profits, but at what level is a dilemma !
Also thought of trading this weekly crossover in Options ! But in absence of Data could not move further !
And also, maybe some other EMA cross may give better results. One can try Karthik's EOD (3,10 cross with ADX)
Last and not the least : One needs SS guts to trade a weekly chart on any strategy !
As with EOD crossovers there are whips, though number maybe less but whip sizes are BIGGER !
In December there were 4 signal on consecutive weeks giving Sell/Buy/Sell/Buy !
These could be avoided/minimised if we can apply my suggestion as in EOD to take a trade on opening of the next bar after Crossover bar with some filter. This surely delays the entry and entry levels are adverse to the original strategy advised by TWH !
But I find it comfortable.
One need to keep on Booking profits, but at what level is a dilemma !
Also thought of trading this weekly crossover in Options ! But in absence of Data could not move further !
And also, maybe some other EMA cross may give better results. One can try Karthik's EOD (3,10 cross with ADX)
Last and not the least : One needs SS guts to trade a weekly chart on any strategy !
Did not trade it, but extensively went through historical charts ( Nifty only) and my conclusion :
As with EOD crossovers there are whips, though number maybe less but whip sizes are BIGGER !
In December there were 4 signal on consecutive weeks giving Sell/Buy/Sell/Buy !
These could be avoided/minimised if we can apply my suggestion as in EOD to take a trade on opening of the next bar after Crossover bar with some filter. This surely delays the entry and entry levels are adverse to the original strategy advised by TWH !
But I find it comfortable.
One need to keep on Booking profits, but at what level is a dilemma !
Also thought of trading this weekly crossover in Options ! But in absence of Data could not move further !
And also, maybe some other EMA cross may give better results. One can try Karthik's EOD (3,10 cross with ADX)
Last and not the least : One needs SS guts to trade a weekly chart on any strategy !
As with EOD crossovers there are whips, though number maybe less but whip sizes are BIGGER !
In December there were 4 signal on consecutive weeks giving Sell/Buy/Sell/Buy !
These could be avoided/minimised if we can apply my suggestion as in EOD to take a trade on opening of the next bar after Crossover bar with some filter. This surely delays the entry and entry levels are adverse to the original strategy advised by TWH !
But I find it comfortable.
One need to keep on Booking profits, but at what level is a dilemma !
Also thought of trading this weekly crossover in Options ! But in absence of Data could not move further !
And also, maybe some other EMA cross may give better results. One can try Karthik's EOD (3,10 cross with ADX)
Last and not the least : One needs SS guts to trade a weekly chart on any strategy !
guts to itna hai ki futures me bahut mar kha gaye hai .
basically i cant track daily charts on a regular basis, due to regular job, which keeps me busy.
can check them twice in a week, at most.
Its not about you having the guts or not, its a general phenomenon in this business !
Believe me, I have been there and have seen N number of friends too... It is indeed a matter of guts...
guts to keep on holding a position in Profit ! It may seem to be easy but its usually not !
People seem to have stronger guts to hold on to the losers !
I have seen people holding on to there loosing trades till kingdom come and exit Profitable trades in a hurry !
You can give it a try with Buying Options and even buying Next months out of money options to get the hang of it without risking much ofcourse it would depend at which weekend you get the Signal !
Believe me, I have been there and have seen N number of friends too... It is indeed a matter of guts...
guts to keep on holding a position in Profit ! It may seem to be easy but its usually not !
People seem to have stronger guts to hold on to the losers !
I have seen people holding on to there loosing trades till kingdom come and exit Profitable trades in a hurry !
You can give it a try with Buying Options and even buying Next months out of money options to get the hang of it without risking much ofcourse it would depend at which weekend you get the Signal !
guts to keep on holding a position in Profit ! It may seem to be easy but its usually not !
People seem to have stronger guts to hold on to the losers !
I have seen people holding on to there loosing trades till kingdom come and exit Profitable trades in a hurry !
!
People seem to have stronger guts to hold on to the losers !
I have seen people holding on to there loosing trades till kingdom come and exit Profitable trades in a hurry !
!
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