Monday, October 27, 2014

Prices, opening at resistances, came off the highs owing to weak hour TA..


Ashok said...

situtation awarness pattern data may fail. strict stop loss may be necessary for both buyer and/writer of options. any better defence you can conceive?

shriram said...

@ Ashok:

Fixed 20 pts SL fed into SYSTEM, is Rule No.1 of trading,

Rule No.2 is Selecting min R:R = 1:2 setups to justify taking trade RISK

Finally, comes Instrument Buying or Selling

Prabhanshu Raman said...

Hi all,
Dow Jones making -ve div on hourly macd may see some correction and may impact on world indices...
just a thought..

chetan said...

dear master,
please update sbi file if time permits.
thanks & regards.

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