first of all Sorry for late reply as my broadband intrnet stopped for some time as I was writing to you ,so I could nt reply yue early .
millions of Thanks Nifty Option Sir
Thanks a lot for your precious time & valuable review of charts.Its really so nice of you that you review each & every chart with great efforts & hardwork .I am very greatful to you for this generosity.There are very few good humanbeing like you on this earth who help others selflessly & generously..No words can express my gratitude to you..thanks a millions..
It would be rally pleasure to watch your charts & its simplicity and yet very amazing results..You explained it very well..& i understand it crystal clear what you have explained on those charts ..thanks a lot..I would like to know that whether the charts are posted by me are ok according to system..?
I would also like to know that as you told 1% risk..but if we assume, an average trader can have capital of 10 lacs..so he cant take risk of more than 10,000 rs in futures...but as in india ,we are not allowed to short in cash..so we have to choose future instrument only...but different lot size can be a problem..so how we decide our position size according to our money management rule..as in future lot size is predecided by nse..so how do we decide on position size in future lots
Thanks & Regards
Dear niftytaurus brother,
Thank you very much brother... for your affection , Your understanding is good according to trade system , it is ok...
I am telling my trading money management method...
My total trading capital is Rs.3,60,000 /- only
my stock watch list was 25 but recently i changed that to 36 stocks (i mentioned earlier posts )
each stock allocation is Rs.10000 /-
and when ever a entry comes i buy amount worth 10000
Ex: each stock allocated capital 10000
suppose stock price 100
maximum quantity eligibility 100
risk 1 % is equal to 100 Rs.
if stop loss is rs. 5
total risk is 500 rs.
so i will take 20 shares only in that stock risk 100 Rs.
brother if any MM is better than this tell me i also study that
:thumb: