Includes,
2, 6 rule
Iron triangle of risk control (How many shares to trade?)
The concept of risk control (Where to stop?)
In the markets it hardly matters how good your trading system is..
What matters is if you can count or not.
Confused? Even i was for many years before understanding the importance of Risk management in trading. There is one missing element...
Today's Market Rhythm :- given below...
Day :- Technically day trend is "Up", with price staying above DHEma 10686 level.
Weekly :- Technically week trend is "Up",with price staying above WHEma 10624 level.
Month :- Technically month trend is "Up", with price staying above MHEma 10716 level.
Trade Advice :- Traders can close all long position and intiate...
Today's Market Rhythm :- given below...
Day :- Technically day trend is "Up", with price staying above DHEma 10613 level.
Weekly :- Technically week trend is "Up",with price staying above WHEma 10529 level.
Month :- Technically month trend is "Up", with price staying above MEma 10444 level.
Trade Advice :- Traders can close all long position and intiate...
*Holding 10545-30,Nifty would get stranth, otherwise break this level,Nifty would seen sharp profit booking*
Today's Market Rhythm :- given below...
Day :- Technically day trend is "Sideways", with price staying below DHEma 10586 level.
Weekly :- Technically week trend is "Up",with price staying above WHEma 10529 level.
Month :- Technically month trend is...
Today's Market Rhythm :- given below...
Day :- Technically day trend is "Up", with price staying above DHEma 10559 level.
Weekly :- Technically week trend is "Up",with price staying above WHEma 10474 level.
Month :- Technically month trend is "Up", with price staying above MEma 10426 level.
Trade Advice :- Traders can close all long position and intiate fresh...
Today's Market Rhythm :- given below...
Day :- Technically day trend is "Up", with price staying above DHEma 10506 level.
Weekly :- Technically week trend is "Up",with price staying above WHEma 10463 level.
Month :- Technically month trend is "Up", with price staying above MEma 10421 level.
Trade Advice :- Traders can close all long position and intiate...
Today's Market Rhythm :- given below...
Day :- Technically day trend is "Up", with price staying above DHEma 10383 level.
Weekly :- Technically week trend is "Up",with price staying above WHEma 10387 level.
Month :- Technically month trend is "Up", with price staying above MEma 10377 level
Trade Advice :- Traders can close all long position and intiate fresh...
Today's Market Rhythm :- given below...
Day :- Technically day trend is "Up", with price staying above DHEma 10361 level.
Weekly :- Technically week trend is "Up",with price staying above WHEma 10386 level.
Month :- Technically month trend is "Up", with price staying above MEma 10356 level.
Trade Advice :- Traders can close all long position and intiate fresh...
Today's Market Rhythm :- given below...
Day :- Technically day trend is "Up", with price staying above DHEma 10329 level.
Weekly :- Technically week trend is "Up",with price staying above WHEma 10377 level.
Month :- Technically month trend is "Up", with price staying above MEma 10364 level.
When trend in all T/Fs are aligned together, holding position for more...
Today's Market Rhythm :- given below...
Day :- Technically day trend is "Up", with price staying above DHEma 10294 level.
Weekly :- Technically week trend is "Sideways",with price stying below WHEma 10361 level.
Month :- Technically month trend is "Sideways", with price staying below MHEma 10580 level.
When trend in all T/Fs are aligned together, holding...
Today's Market Rhythm :- given below...
Day :- Technically day trend is "Up", with price staying above DHEma 10266 level.
Weekly :- Technically week trend is "Sideways",with price stying below WHEma 10355 level.
Month :- Technically month trend is "Sideways", with price staying below MHEma 10574 level.
Trade Advice :- Traders can close all long position and...
Market Rhythm :-
Day :- Technically day trend is "Sideways", with price staying above DLEma 10117 level.
Weekly :- Technically week trend is "Sideways",with price stying above WLEma 10106 level.
Month :- Technically month trend is "Sideways", with price staying above MLEma 10062 level.
Trade Advice :- Traders can close all short position and intiate fresh long...
Day :- Technically day trend is "Up", with price staying below DHEma 10187 level.
Weekly :- Technically week trend is "Sideways",with price stying above WLEma 10111 level.
Month :- Technically month trend is "Sideways", with price staying below MHEma 10356 level.
Today, Trade Advice :-
Traders should short @ 10270-75
SL- 10290-95
Tp - Open
and
if nifty break...
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Continued from Weekly Educational Series - PART 1 ;
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3. Expectancy
So, now we have got our risk reward ratio and winrate.
We move on to calculate the expectancy of our trading strategy.
The formula is,
Expectancy = (Probability of Win * Average Win) – (Probability of Loss * Average Loss)
So, in our scenario,
where,
Risk...
For the benefit of other traders,
I am starting a weekly educational series where i will be covering lots of topics related to trading which everyone should abide by.
It will be in simple language and easy explanation so that everyone can understand.
There will be further detailed explanation of nuances if required by the members.
So, starting with the first...
