iCharts Discussions

[mohitshukla2021]

So have u reversed the trade.....as it just touched the stop loss of 54.77
Now I am also on this 'Super Trend' bandwagon

[intra.trader]

[mohitshukla2021]

So one should not keep stop loss in system because there are whipsaws and tight stop losses might get hit ...as I see here....my stop loss got hit at 54.77 but super trend still intact ??

[sauraj123]

Hi Intra sir,

yes carried only 5 lots and booked at market open....will trade fresh now.
just please update the super trend value...do not have access to platinum chart today.

[intra.trader]

[intra.trader]

[sauraj123]

Thanks sir for your msg....i shorted at 54.78.....please updtae the trendline stoploss... thanks.

[intra.trader]

[sauraj123]

Hi Mohit,

Intra sir is right....you cannot place stoploss at the supertrend....i have seen mostly that it touches the stoploss and jooms in the profit direction....so you have to be infront of the system and wait for the colour change.


Note:-it might happen that 1-2 colur changes and you end up making small loss or recovering cost but onece in a day it will give decent profit....u have to trade every signal..

am i right intra sir?

Regards.

[sauraj123]

Intra sir,

please update the supertrend stoploss....just to have a eye on it...

[intra.trader]

[sauraj123]

Hi,


Is the super trend color changed...if not then we have some hope.

[intra.trader]

[mohitshukla2021]

Yup !! It whipsawed....everything moving up, nifty , rupee , crude ....not in logical sync ..something needs to give in ...

[intra.trader]

Price has come close to super trend( 54.9150)