iCharts Discussions

[Rahulsharmaat]

and net result is time failure--- but its my perception

i may be wrong after ending up 30 lac-- just paid as option premium

[rk_a2003]

[rakpeds]

[Rahulsharmaat]

yes RK

writing is good

that i do some time to eat premium
week before expiry-- next month options

[rakpeds]

[Rahulsharmaat]

date is already given

[rakpeds]

[Rahulsharmaat]

set up for Relinfra;

1} 15 TF ; I cant disclose indicator and discuss 15 min tf here as per rule of icharts

2} 30 TF : Use 34 EMA close, watch 34 ema value-- make it round off,, add 6 point filter and buy--stop loss 6 points below 34 EMA value-- which will be 13 points----target 20 points always-- TSl at cost after 13 point gain--- after 18 points TSL at cost plus 15 points and book at 20 points.

always u will have position in hand-- rules of re entry after booking-- i will explain letter on

3} 1 hr Tf-- all rules same as above--- target 50 points

Tsl at cost after 15 point gain--
Tsl at gain 15 after 35 point gain
Tsl at cost plus 25 after 40 point gain
Tsl at 35 after gain above 42
Tsl at 40 after gain above 46 points

book at 50 points

Re entry i will explain after wards

[rakpeds]

[akxsat]

[Rahulsharmaat]

It wont make much difference

if EMA value is 507.20-- it may change to 507.90-- in both case u have to round off it to 508--if its buy-- and 507 if its short-- then add 6 point filter--

now for buy it is 508 + 6 = 514-- so place buy at 514.10
for short it is 507 - 6 = 501-- so place short at 500.90

in this case stop loss will be 13 points--

[akxsat]

[Rahulsharmaat]

in case of 1 Hr TF following are the result of trading.

Dec = gain Rs 33000---- risk was Rs 1600
Jan = gain Rs 80000 -- all targets no stop loss
Feb = gain Rs 52000 ---straight stop loss of Rs 12000
March = gain Rs 75000---- Straight Stop loss Of Rs 10000
April = gain Rs 42000---- straight stop loss of Rs 5200
May = gain Rs 42000 --- straight loss of Rs 7300
June = gain Rs 49000 --- straight loss of Rs 6200
July = Gain Rs 22000 --- Straight loss Rs 12000
August = Long position in hand-- loss booked Rs 5800

================================================
All gains are after brokerage calculation
Lowest gain was rs 22000--- and straight stop loss was Rs 12000


What does this straight stop loss means is -- 2 stop loss in a row hit. so to trade in this u need this much risk management

You need FO margin plus 20000 additional in account to trade it in this setup

===============================================


In last 8 months total gain is Rs 395000---
Average gain per month is Rs 50000

Hope it is good

[rakpeds]

[sonila]