Dear All,
In the last post, I told you that I'll be starting Long/Short System. Please manage your risk as per your risk profile. We are entering into a continuation system which required proper risk management. To start with play with small lots don't over trade and manage your risk properly.
So here are the levels for the day :-
Buy Level :- 34860-34900
Sell level :- 34390-34350
Please use these levels for the trade !!
As I said it's a continuous system, so either we will be short or long on the underlying. We will manage the risk.
Please note down Intraday risk is 1% and carry forward risk is 2%.
So once trade triggered please use risk management tool for the live trades.
We will be using SAR levels (Stop and Reverse levels ) to change the position like if I am short on Dow, I'll say SAR (buy) means from short we have to go long and we need to place the buy level for double quantity of which we are holding short.I'll update the same !
If you have any doubt you can WhatsApp me or can send message over telegram at my number +919999175799.
Let's rock together!!
Cheers
Sid
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