Trading according to Karthiks strategy..

Does ATP method is prfitable for your trade?

  • Yes

    Votes: 13 40.6%
  • No

    Votes: 3 9.4%
  • Not all the time

    Votes: 16 50.0%

  • Total voters
    32
  • Poll closed .

Biswajit Das

Well-Known Member
anup, yes 1 Re profit is sufficient for a day trader (below 350 prices), atleast it is tension free......thanks for remind of mr.karthik's advice.....
pls, see today's RECLTD chart ......is it ok as per ATP setup ?

 

Biswajit Das

Well-Known Member
ADANIENT
prev. ATP 230.59
15 min bar closed below ATP (12.30pm), trigger price 229.20
stoploss 232.35
target 226.15 (RR 1:1)
lets see what is happening............
 
Has anyone been trading this strategy over a long period of time? What has been the experience. It was a simple strategy but I gave it up because I was not very comfortable with the R:R. While the reward is always 1/-, the risk can be anything,. You will need a very high win% to succeed with the strategy.
 

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