Comment on Software Engineer up 400%
commented on
29 Apr 2014, 02:13 PM
Hi Pawan,
I have been following continuous trade system and successful at it, One thing that is out of my control is gap opening, for eg if i am long on nifty @6500 my SL@ 6445 and my target is my reversal trade. Assume that i take 5% risk on my trading capital,ie (Risk capital/ SL points is my quantity for every trade), but if market opens at 6400 my risk becomes 10% and this affects my strike rate.
My question is how do you manage this situation or any volatile market condition?