Cool...
Now think, how do we trade this strategy more effectively.. On a trending market like today, even TSL wont trigger... But how do we use this strategy following a SL in range bound markets..
This is what I am thinking since many days..We need to make a rule/strategy for such times..First let us quote the various types of situations:-
1. Secular Bear day (like Friday)
2. Secular Bull day (like Today)
3. Fully Flat days
4. Flat periods in Secular bear/bll day or as a matter of fact any day
5.
If any other situation, plz quote
We will go step by step for a methodology for placing Stops