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TradingIntraday - Trading Strategy for IntraDay Trading to make profits

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Consumer Complaint ID: CCN01311380

Others Published date: January 17, 2015 Add to watchlist
  • Country: India

Name: TradingIntraday

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So I am here to showcase my strategy and I would like if all the seniors can respond to me on this one. I have mentioned below my intraday trading strategy.
Trade will start exactly at 9.20 in the morning on 5 min chart on a bar chart
For Long: Buy Nifty fut above the high of the 5 min bar and keep the stop loss below low. After 5 min, i move the sl to low of the next bar. If sl triggered, sell 2 lots and keep sl loss above the high of the previous bar.
So you can do exactly the same for a short position.
Please advice me on the same. I want to know whether can I make really profit from this one or not? 



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    TradingIntraday stratey by General:


    It would be good if you can do back testing of your strategy or it looks like really dangerous if you do scalping on 5 min chart by high and low.

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