Learn How To Fish

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VJAY

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Whats the luck factor ? How are you calculating it.

Please share this stat sheet having formulas if you can :)
Dear superman,
Luck factor explained by xray bro in his thread recently...i only applyed it in my sheet.
 

VJAY

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Vijay Bro would it be a bad idea to book partial profits at WRB Close? Currently we are moving SL to WRB Low, but If we a huge candle appears for 5-8 rupees then booking maybe 50% at WRB Close.
Dear MSN,
Thats why i asked trade method(any method) for longer time to get what good what not good by yourself...am shared here what need basic things to start....if you start tweeks every day/weeks/months never can succeed....its time taking process....I am trading this method for many years now so i made only few tweeks which suits my personality and increase my profitability....i only study/analyse my trades twice in a year to make minute changes...you can try what ever you think fine....after all main thing is increase profit's
 

MSN1979

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I spent all day reading your thread sir, I am making many mistakes. I also tried reading Subhadip sir thread. I did not take paper trades today.
 

MSN1979

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1535975578664.png


Vijay Sir no entry on Tata Steel Cash Charts today.
 

VJAY

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MSN1979

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Hi Sir

I need some clarity again. So I will post my chart.


1535986837687.png

As per this chart

m3 and m4 are inside pivots correct?

Some confusion here , Today Price open in range and later break inside pivot m3 causing VPL 5 to be formed. So Inside pivot break can be used for marking VPL?

I think rest is clear as you already mark VP in chart. So we can see entry
 

VJAY

Well-Known Member
Sideways pivot..
In cash scrips we see sideways like this many times.....
1535987654430.png


So you can figure it your own how many bars needed for sideway pivot...6-12 is good,,,,mark high/lows of that range any aggressive pvt we get below/above we can enter trade in that ..when I traded in cash scrip only that time I used it ...it give good R:R trades mostly ...you can decrease your posision size ithis type trades to 1/2 as we mostly not look trends /or only trade in line with trend...if its inline with trend you can go with your actual pos size...
Also always good to book profit (1/2 pos) at good support/resistance points(take any one/two weekly/daily/hourly) , good ranged WRB bar close ,visual close @any pivots ..it will increase consistent of trades...
 
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