Friday, May 27, 2011

CLOSED TRADE NO.4, INITIATED TRADE NO.5

ON 26/5 AT 1:00PM CLOSED TRADE NO. 5 (BUY @ 5395.3 WITH PROFIT OF 32.9 POINTS.

AT THE SAME TIME WE INITIATED FRESH BUY POSITION , REMEMBER THIS TRADE IS AGAINST TREND WHICH IS DOWN ON DAILY & WEEKLY TIME FRAME. WE TAKE TRADES AGAINST TREND VERY RARELY WHENEVER OUR SYSTEM TELLS SO, THIS IS ACCORDING TO OUR IMPROVED STRATEGY WHICH WE TRIED TO IMPROVE TO AVOID HUGE LOSSES THAT HAPPENED IN TRADE NO. 1.

IN LAST 10-15 DAYS LOT OF TRADING PATTERN HAPPENED IN NIFTY WHICH ARE UNABLE TO UPDATE DUE TO TIME PROBLEM, WILL MOST PROBABLY TRY TO EXPLAIN ON COMING SUNDAY.

2 comments:

suhask said...

Guruji,
your system had taken trade earlier than our mechanical ones. Our system had done it at the end of the day which was very difficult to impliment.

kolhapuritrader said...

Sirji (suhask) , after mechanical trading system giving sell signal on 17/5/11 @ 5486, nifty spot made low of 5401.35 on 18/5/11, so what is stop loss according to ur system at that time, then on 20/5/11 nifty made high of 5517.40, so please check stop loss got triggered during this period or not, please check and confirm