The best thing abt the call today was NIFTY closed at the lowest point of the day showing no signs of recovery..!! Just want that market should not open gap up..a flat open is perfectly fine...
Regarding the 200 point tgt every month, pls dont get fascinated by this call.. Not every call gets 60 + points.. And do consider the -ve side also..!!
And yes the LONG call on friday did add points to the monthly tgt..!! But I will not consider all tht 10 days(1st of June to 10th of June) here..as calls were not posted..
No SL here.. This system is open on both sides.. However, a reverse side will surely change the sails of the wind and thereby we will get a reverse call.. So I m not worried abt the SL.. Regarding profit booking and SL, there are two options..
1. Book as per individual risk return appetite..
2. Follow the system consistently and use no manual decisions.!! (gives no chances of regrets and also no extra rewards... both are possible though..lol..)
Yes this is a Stop and Reverse system.. Howevr a better understanding of the system at times gives a better entry and exit..!! However, the backtests has been done without considering manual entries and exits..!! so not a big prob to follow it without manual considerations..!!