THE TECHNOTRADES INTRADAY CUM POSITIONAL TRADING SYSTEM HAS THE AVERAGE PERFORMANCE OF MORE THAN OTHER TRADING SYSTEMS SINCE IT HAS BEEN DESIGNED TO BE TREND FOLLOWING AND INSPITE OF THE FACT THAT THE SMALL MOVES MAY CAUSE SMALL GAINS OR SMALL LOSSES BUT OVER A MEDIUM TERM PERIOD OF 1 WEEK OR 1 MONTH THE POINTS GAINED IN NIFTY OR BANKNIFTY OR STOCKS WILL BE IN VERY GOOD GAINS.WE HAVE TESTED IT IN LIVE MARKETS ON DAILY AND HISTORICAL BASIS AND IT AVERAGES MORE THAN 250 POINTS PER MONTH
My Exit Beliefs In part one of this article, we considered a few questions: Should we use a tight stop loss to cut any losses quickly, or a wide stop loss to allow some room to move? How quickly should we move the stop loss to breakeven ? Should we take profits at a target, or should we let the profits run, perhaps trailing a stop behind the price? In attempting to answer these questions we looked at a number of charts, we chose entry criteria, and then looked at possible options for the exit. And this is what we discovered: Firstly, in each case, the profit or loss taken out of the trade was more a result of our chosen stop and exit method, not our entry. For the same entry, there were numerous possible exits, some profitable, some breakeven and some at a loss. And secondly, we cannot know, except with hindsight, what will be the most profitable exit strategy for that particular trade. In other words - the exit is more important than the entry. The exit has more bearing on w...
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