Hi Savant,
Thanks a lot for your response... although a few things are not clear to me still. I hope you dont mind me asking them:
1. Suppose on a particular day, 5-10 stocks trigger a Buy or Sell, do you take all the signals. If not, how do you chose among them.
2. When the markets start going up, they will throw up good buys during the ensuing uptrend/rally. However, after a few weeks, the markets start approaching the resistance levels/psychologically one may feel that a down move is due. In such a case, does it make logic to buy few shares on a daily basis eeven after being in the uptrend for a few weeks (like in the current scenario)? even if most of the current holdings are above stop loss levels.
..... meaning that if we do not get a correction in an uptrend for a few weeks and we feel that the correction is due, in such a scenario also do you keep buying shares on a daily basis.
Thanks again for sharing your knowledge with us. Will learn from your responses.
Rakesh
Thanks a lot for your response... although a few things are not clear to me still. I hope you dont mind me asking them:
1. Suppose on a particular day, 5-10 stocks trigger a Buy or Sell, do you take all the signals. If not, how do you chose among them.
2. When the markets start going up, they will throw up good buys during the ensuing uptrend/rally. However, after a few weeks, the markets start approaching the resistance levels/psychologically one may feel that a down move is due. In such a case, does it make logic to buy few shares on a daily basis eeven after being in the uptrend for a few weeks (like in the current scenario)? even if most of the current holdings are above stop loss levels.
..... meaning that if we do not get a correction in an uptrend for a few weeks and we feel that the correction is due, in such a scenario also do you keep buying shares on a daily basis.
Thanks again for sharing your knowledge with us. Will learn from your responses.
Rakesh
Hi Rakesh,
To Answer Your Queries....
1) No I Don't Hold All The Stocks That Triggers BUY, Because I Trade The Index Futures & Stock Futures....Yes I Do Take Stock Future Position If It Is On My Watch List & Triggers A BUY.
2) It Looks Quite Simple & Easy When You See The Triggers Now, But Then Go Back Till 8th April, That Is When The First BUY Triggers Started Happening, Most People Were Looking At Index @ 12000 Or Below...I Guess There Are Many Who Are Still Looking For 50% Downside From Now.
3) BUY or SELL Triggers Are Not For Intraday But One Can If The Trader Is Nimble Enough.
4) S/Ls Are Trailing So That At Some Point You Will Lock In Your Profit
5) Basically People Should Watch The Movement Of The Triggers Generated & Only If You Have 100% Confidence In The Triggers One Should Follow.....The Triggers
6) The Goal For Me Personally Is That, I Hope It Benefits or Saves Somebody From Making Big Mistakes....Either Through News Or Brokers Advice....Etc.
7) To Update So Many Triggers Is Time Consuming....But Trying To Do It As Dilligently As Possible For Me..
8) Since S/Ls Are Not Tailored For Any Single Person, It Is Always Posted To Tighten or Keep Your Own S/L Depending On Your Risk Appetitie.
I Don't Know If I Have Managed To Answer Everything, Incase If I Have Missed Or You Have Another Query Please Feel Free To Shoot...
Happy & Safe Investing
SavantGarde
To Answer Your Queries....
1) No I Don't Hold All The Stocks That Triggers BUY, Because I Trade The Index Futures & Stock Futures....Yes I Do Take Stock Future Position If It Is On My Watch List & Triggers A BUY.
2) It Looks Quite Simple & Easy When You See The Triggers Now, But Then Go Back Till 8th April, That Is When The First BUY Triggers Started Happening, Most People Were Looking At Index @ 12000 Or Below...I Guess There Are Many Who Are Still Looking For 50% Downside From Now.
3) BUY or SELL Triggers Are Not For Intraday But One Can If The Trader Is Nimble Enough.
4) S/Ls Are Trailing So That At Some Point You Will Lock In Your Profit
5) Basically People Should Watch The Movement Of The Triggers Generated & Only If You Have 100% Confidence In The Triggers One Should Follow.....The Triggers
6) The Goal For Me Personally Is That, I Hope It Benefits or Saves Somebody From Making Big Mistakes....Either Through News Or Brokers Advice....Etc.
7) To Update So Many Triggers Is Time Consuming....But Trying To Do It As Dilligently As Possible For Me..
8) Since S/Ls Are Not Tailored For Any Single Person, It Is Always Posted To Tighten or Keep Your Own S/L Depending On Your Risk Appetitie.
I Don't Know If I Have Managed To Answer Everything, Incase If I Have Missed Or You Have Another Query Please Feel Free To Shoot...
Happy & Safe Investing
SavantGarde