Follow this Strategy: Follow the open low factor

Note: Please Leave the trading place after getting targeted daily profit.

OPEN - LOW FACTOR.: If Opening Price and Low Price of any Stock Or Indices has been kept with
same price including that of decimal point 
soon after the market opens in any particular day after the 20 minutes of Opening of trades can be
recognized as OPEN-LOW FACTOR for the day. When this factor has been framed after the market
opens in any specific Stock Or in any of the Indices, The price will move upward direction only. So,
One has to go long in that specific stock or Index preferably nearer to the low price and book profit
as and when the target has been met. One can recognize the targeted price based on the volatility
factor of the specific stock or the index and so on. One can keep the stop loss as the low price of the
stock or the indices for going long in any stock / indices. Suppose if the low price has been broken
out one has to cut their long position immediately after the violation of the price and should take
short position soon after the low price get violated. Here, the trader can keep the violated low price
as upward stop loss. Here, Ones the low factor get violated the price of the stock or index will
drastically come down by applying maximum volatility factor over the downside front. 

OPEN-HIGH FACTOR.: If Opening price and the High Price of any Stock or Indices has been kept
with a same price including that of the decimal point soon after the market opens in any particular
day after the 20 minutes of opening of trades can be recognized as OPEN-HIGH FACTOR for the
day. The moment the factor has been framed the stock price / the index will go down drastically. So,
One Can go Short selling of the specific stock / indices by keeping the high price as stop loss. Here
also One can apply the volatility factor for the downside target for the specific stock / indices. The
individual Volatility factor has been available both in NSE and BSE Websites. Here the percentage
of volatility can be applied downward either with the previous day's closing price or with the High
price of that specific day for arriving the downward target of the stock / indices. At same time, When
a High price is getting violated, one has to cut their short position immediately and should take long
position by keeping the violated high price as stop loss. Whenever the violation is happening stock
price / Indices will end up with double end volatility. 

Volatility factor of the specific stock has been given on the bottom of the web page. The volatility has
been highlighted as maximum , minimum, and average in terms of percentages. So, If someone
wants to book minimum profit at very frequent intervals one has to choose the minimum percentage
and it should be applied either with the previous days closing price of the stock or with the " Open -
Low " or with the "Open High Factor " prices. 

I hope now traders might have followed the above strategy, how the targeted price can be met in
and how a trader can book profit in a very smart way! 

If you are a day trader, your position size is likely larger due to the fact you are looking for a smaller
move with your short timeframe. Keeping a tight stop is extremely important when trading larger
size, as a day trading strategy gives stocks multiple opportunities to work. For day trading, the
strategy is rather simple: 
Always keep your profit objective at least 3 times greater than what you are willing to risk. 

Allow no more than a 1% move against you from your entry point. Ideally, you are in the trade
beyond the trend line and out of the trade below it. You can always get back into the trade if the
stock returns to the buy point. 

If a stock gaps beyond a technical trigger price, the original trade plan is negated for a day trade so
a new plan should be made. 

If the futures make an intermediate lower high intraday (or higher low when trading the short side),
exit half of your position. This implies a weakening market and can make it tougher for open
positions to continue working. 

If your stock hits a new low for the day (long trades) or new high for the day if you are short, exit the
position. A day trade is intended for initial moves, so there is no purpose in widening stops to
accommodate a stock moving in the wrong direction. Get out if the stock breaks a low (or high if
short) as you can reenter the trade if it triggers again. 

Once momentum fades and buyers are thinning out, take your profit. This can be done by carefully
monitoring the intraday chart and the time & sales

Wishing all the traders a very happy trading days ahead by interpreting this method. 
NOTE.: The above factor will work only in the normal course of trading days only. At the same time,
It never works whenever a positive or negative news item or any rumor will appear through any
media would change the direction of the individual stock / indices price movement in an opposite
direction. 

If Open & Low Price is Equal than go for the Buy with Stop Loss Below the Low Price.
If Open & High Price is Equal than go for the sell with stop loss Above the high price.

--------------------

1. 9.15 a.m.–9.25 a.m. - Find Stocks that Have opened with a GAP up or Down
of more than 2%. Out of 200 FNO stocks, you have cut down your selection criteria
to 3–4 stock. There is some news in this stock, or some large investor wants to buy
large quantities in this stock and hence the GAP.
2. 9.25 a.m–9.30a.m. - There will be 3 data point available 1) Volume. 2)High 3)
Low. Volume has to be higher than previous days volume in 10–15 mins. Now
keep a buying Stop Loss above the days High.Example yesterday stock A
 closed at 100, today it opened at 103 and in the first 10 mins made a low at 102.55
and High of 103.5. As soon as it crosses its 15 minute high of 103.5 buy it.
3. 9.30am–3.30pm - Once the Buy order is triggered, Keep days low, or
weighted average price (available on all trading software like zerodha, Sharekhan
etc for free) as your Stop Loss. Keep Riding the stock until its 3.15 or your trailing
stop loss is triggered.
Thats it, Very easy strategy with mind blowing results . This works on the Reverse Side as
well when the stock opens down 2%, thought the results are better if you do it long only.

We have done a blacktest of this strategy taking for 1,000 trades and i have used it
extensively when i was a trader.

The Results for the long only data were as follows

Trade Win% after Transaction Cost- 48%

Trade Loss% after Transaction Cost- 52%

Profit per Trade - 2.3%

Loss Per Trade- 0.7%

You have a automated Stop loss which is your weighted average price, as price of the stock
increases during the day, so does your weighted average price (Stop loss). Use this system
for a month, i never faced a draw down of more than 10% in my trading career.

You might be thinking if i was such a good trader, why did i move to start my company
Stallion Asset which is into Long term investments?

This Strategy works only if you have less than 20–30 Lakhs rupees, because after that you
start affected the volume of the stock, the stoploss doesn’t get triggered properly.

Incase you have any doubts on the Strategy, feel free to comment below.

Stallion Asset is an SEBI Registered (INH000002582) Independent Equity Advisory

Company backed by experts who have huge experience in wealth creation in the Indian
Stock Market. We are Specialist in buying high quality midcap companies that are often
ignored by the analyst community. We have delivered 288% in last 3 years, and consistently
created wealth for our clients.

stallionasset.com

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Hi Guys,
I have always been very comfortable when I traded a intraday method which is very simple, I dont
like to monitor the chart always, I dont like to modify my orders for each wild intraday day move, I
dont like to skip my lunch/tea break just because am doing intraday. 

I use to trade NR7 Method for intraday, I was pretty much comfortable but I faced high draw downs,
when I backtested the NR7 setup for 6 years of data the draw down was higher and there was no
enough profits.

With this setup I believe I can trade comfortably without much stress during trading hours. I have
back tested this method with EOD data in excel with high liquid stocks, results were very much
satisfactory. Less draw down, winning percentage was high when compared to other intraday setups
like NR7 method or ORB. Here's the trading method.

Entry for Long:

Note down previous day's High price and after market opens today, wait for the price to breakout
yesterday's high and when broken check if Today's Open = Today's Low at that time, if Yes go long
with Stop loss as today's Low price.

Entry for Short

Note down previous day's Low price and after market opens today, wait for the price to breakdown
yesterday's low and when broken check if Today's Open = Today's High at that time, if Yes go Short
with Stop loss as today's High price.

Stop Loss: As explained above

Trailing Stop Loss: Based on individual, I do not keep trailing stop loss. (any suggesstion would be
helpful)

Target: Based on individual, I do not keep targets, i prefer exit at EOD. (any suggesstion would be
helpful)

Exit: Exit at End Of the Day.

Gaps: During gap up, if today's Open price is way above yesterday's high and today's open = today's
low, we go long @ Open. (for sure, we cant get open price, but idea is go long as soon as possible
with day's low as stop loss). 

Vice versa for gap down.

I have done enough back testing and paper trading, will be trading this setup soon. Any suggestion
to improve the setup would be really helpful for everyone.

Today's trading result with this setup

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