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An abstract from our post dated 14th Dec 2017,
" Since ours is a positional trading system , we will take safety measure, and exit all positions on 15th Dec 2017. A day before Gujrat elections results come. And after the results are confirmed we will resume trading on our algo's again. "
For authentication , Visit :
http://niftyvision.blogspot.in/2017/12/nifty-buy-sell-signals_14.html
As mentioned in one of our previous posts, whose link has been provided above , we closed all our strategy position(s) at 3:15 PM on 15th Dec 2017, so that we can negate the highly unpredictable and volatile movement which could arise due to the counting of Votes for the Assembly Elections held in Gujrat & Himachal Pradesh.
But, in that very post itself , we also said that we will resume our trading once the results are confirmed.
This is exactly what the above chart pic shows. We have clearly shown, the levels , when all trades were closed and when we resumed our trading.
Rules for Trading:
- Always trade in 2 or multiple of 2 lots at a fresh signal.
- Book 50% position at a profit of 30 - 40 pts.
- Exit balance quantity and make reverse position on next signal.
- Always trade with sufficient funds.
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