Wolfe Waves

a1b1trader

Well-Known Member
Can u just add some words of ur advise about how to keep sl in WW?
Probably the low of 5th point as far as I know..
Well Stockstopp,
How I keep my SL in WW.
Sorry, I cant tell you, :lol:
I know you all will laugh at me or may not believe me, if I write about it (How I keep my SL).
So I am not writing about it here.

Stoploss is your risk management and you can keep it as per your risk taking capacity or risk reward ratio.

Anyway for theory purpose.

Yes Bewinner, you are right, the low of point 5
But take low of point 5 only when the reward is low.
However, IMO, it should be 1:3 or 1:4 minimum and keep trailing
That is on a target of 100 points the SL should be 25 to 30 points minimum
OR
As per ones risk taking capacity.


Caution:
This is only a piece of discussion and it is not necessary that I may be following it or keeping my SL as per this discussion.
So take your own decision
 
Last edited:

Bewinner

Well-Known Member
Well Stockstopp,
How I keep my SL in WW.
Sorry, I cant tell you, :lol:
I know you all will laugh at me or may not believe me, if I write about it (How I keep my SL).
So I am not writing about it here.
a1b1trader,
Laughter is a human's birth right...and that's a precious gift if somebody can give it to other person...

We all are waiting for your answer..:D:p

Anyway jokes apart...theoretically anything can be done but rather if we get to know the practical points it would be better for us....
 

a1b1trader

Well-Known Member
Hi

Just curious

Were you people ready for the disaster.
Or prepared to turn this disaster into profit.

Just share.


BTW I closed my position in DRREDDY, today with some extra profit, though my main target was still to come, but did not have courage to continue.
 
Hi

Just curious

Were you people ready for the disaster.
Or prepared to turn this disaster into profit.

Just share.


BTW I closed my position in DRREDDY, today with some extra profit, though my main target was still to come, but did not have courage to continue.
Electricity saved me today!!!! ;)
 

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