Have u Heard Of Supersonic Way Of Trading

SUPERSONIC INTRADAY TRADING

The term SUPERSONIC refers to speed. Intraday trading demands decisions with supersonic speeds. Certain personalities absorb speed with much ease and come out with colourful results. Speed decision making is certainly an advantage to those who are capable of handling lightening speed decisions.

How about the people who are less capable when it comes to speed. Should they be left out for their own without the advantages of speed decisions. Here comes the "supersonic intraday trading" strategy to their rescue.

I would like to caution that this strategy results in profits or losses with lightening speed. Try this only when you are capable of withstanding such bulging or depleting trading account. I also caution those who are with heart ailments, tensions etc to skip this strategy right away.

Preliminary
Buy low and Sell High...Book profits. That's it.
Just kidding....

I presume that the concepts of stop loss, trailing stop loss, profit targets need no further explanations. This strategy strictly follows these concepts hence no doubts should exist about these.

Its based on randamisation i.e. price moves up/down for reasons unknown.

Plot MACD indicator to guage trend changes. Crossovers help to catch the trends. (MACD crossover is discussed in the following link http://www.traderji.com/day-trading/...indicator.html). The use of MACD is just an added advantage but not consider it as compulsion. Alternatively, plot 3 and 15 period SMA, take longs when 3 SMA crosses up above, 15 SMA and go short for reverse.

As in any strategy, our first step would be either to go LONG or SHORT a scrip. So, select a script. Go LONG or SHORT. For convenience, let us say we have gone LONG.

Profit Targets

Fix your profit target @ 0.55%. Round off to nearest tradable price which should be away from the traded price.

Stop Losses/Trailing Stop Losses

Fix your Stop Loss @ 0.27% (If the trade is in profit, a trailing stop loss @ 0.27%) Round off to nearest tradable price which should be towards the traded price.

Position Sizing

Start with a lot consisting of 10/20/30/50/100/500/1000 scrips. (As per your convenience).

Pyramidizing

Add 50% of the original position when profit target is hits. If Profit Target gets hit consequitively 3 times, Add 100% of the original position.

Risk/Money Management

The strategy is inbuilt of risk/money management.

Execution of Strategy