DECEMBER2016

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DECEMBER2016
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1 30.11.2016 Executed DECEMBER2016
Kamath avatar
Kamath 30 Nov.

This months strategy  is also based on RSI ..I have kept the T P at same level at 11, but the stop loss has been kept lower at 50. Although most of the traders prefer a high value for Stop Loss I have kept it  at 50 for two reasons. First is that  I have no other parameter for closing the trade if it is running out of control. Second is that I have now come to the conclusion  that we have to control Draw Down as this is the critical value for winning. To keep draw downs low keep margin cuts  low. So we have to use low Stop loss . Hope it works.

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