SH's 315 Strategy - how to use if effectively
- Thread starter Tradewithhunter
- Start date
Okay, then we can call them observations rather than results.
1) A complicated trading program is not needed to make money on NIFTY, The simple the better because we can understand the logic easily. ( I used a paid service called ACE NTS earlier with not much of the success though later on I moved to my own method less trading.)
2) Be consistent with the trades even when the system is giving losses and all those losses will be wiped out with one big profit making trade
3) Always trade less and stretch the profitable trade as long as possible.
4) The system like 315 which follows the trend with almost 90% + accuracy is best suited for Indian markets where the markets keep on trending either higher or lower for more than 60-70% of time.
1) A complicated trading program is not needed to make money on NIFTY, The simple the better because we can understand the logic easily. ( I used a paid service called ACE NTS earlier with not much of the success though later on I moved to my own method less trading.)
2) Be consistent with the trades even when the system is giving losses and all those losses will be wiped out with one big profit making trade
3) Always trade less and stretch the profitable trade as long as possible.
4) The system like 315 which follows the trend with almost 90% + accuracy is best suited for Indian markets where the markets keep on trending either higher or lower for more than 60-70% of time.
Yes it works for stocks... But SH recommends to use futures and not cash (although it works in cash as well). So that u can trade both ways.
He uses the same theory for Stocks. I had shorted ACC, ICICBank, UCO Bank (all earned me good profits) and now today infy today based on 315. Although i am squaring off when i earn 5% to 10% and not following 315 completely, based on the rules I should had still hold my shorts but there is always a lingering fear now that market will reverse due to higly oversold nature.
Sorry SH for not following compeltly but will do henceforth.
and thanks again for the fantastic theory God Bless you.
He uses the same theory for Stocks. I had shorted ACC, ICICBank, UCO Bank (all earned me good profits) and now today infy today based on 315. Although i am squaring off when i earn 5% to 10% and not following 315 completely, based on the rules I should had still hold my shorts but there is always a lingering fear now that market will reverse due to higly oversold nature.
Sorry SH for not following compeltly but will do henceforth.
and thanks again for the fantastic theory God Bless you.Yes it works for stocks... But SH recommends to use futures and not cash (although it works in cash as well). So that u can trade both ways.
He uses the same theory for Stocks. I had shorted ACC, ICICBank, UCO Bank (all earned me good profits) and now today infy today based on 315. Although i am squaring off when i earn 5% to 10% and not following 315 completely, based on the rules I should had still hold my shorts but there is always a lingering fear now that market will reverse due to higly oversold nature.
Sorry SH for not following compeltly but will do henceforth. and thanks again for the fantastic theory God Bless you.:thumb:
He uses the same theory for Stocks. I had shorted ACC, ICICBank, UCO Bank (all earned me good profits) and now today infy today based on 315. Although i am squaring off when i earn 5% to 10% and not following 315 completely, based on the rules I should had still hold my shorts but there is always a lingering fear now that market will reverse due to higly oversold nature.
Sorry SH for not following compeltly but will do henceforth.
and thanks again for the fantastic theory God Bless you.:thumb:Similar threads
-
Help Needed : Modified SH's 315 Strategy with Supertrend
- Started by Profittaker
- Replies: 2
-
-
-
SH's 315 Strategy - how to make it more comfortable and profitable!!
- Started by rkkarnani
- Replies: 260
-
