Monday, October 27, 2014

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


5 comments:

Ashok said...

sriram
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 chart....it 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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