SAR Vs TSL
Most of the traders know about it, But let me re-iterate again for my new trader Friends:
SAR - Stop and Reverse - It means that if a particular level of nifty is violated, Not only we have to stop(exit) our current trade, but also need to open a reverse trade. e.g - We have a long position, and SAR is 5097, and nifty is currently trading at 5120. So as soon as Nifty breaks 5097, not only we will exit from our long position but also we will initiate Short trade from 5097.
TSL - Trailing Stop Loss - It means that we want to lock profits in a particular trade, if a particular level is violated. Lets take 11 June real example, I posted to move TSL to 5097, and when the level was broken my long was just booked without opening a new short trade.
TSL is just to protect profits, there is no Trend change sign. But SAR also signifies the Trend reversal.
SAR - Stop and Reverse - It means that if a particular level of nifty is violated, Not only we have to stop(exit) our current trade, but also need to open a reverse trade. e.g - We have a long position, and SAR is 5097, and nifty is currently trading at 5120. So as soon as Nifty breaks 5097, not only we will exit from our long position but also we will initiate Short trade from 5097.
TSL - Trailing Stop Loss - It means that we want to lock profits in a particular trade, if a particular level is violated. Lets take 11 June real example, I posted to move TSL to 5097, and when the level was broken my long was just booked without opening a new short trade.
TSL is just to protect profits, there is no Trend change sign. But SAR also signifies the Trend reversal.
WHAT IS ENTRY CRITERIA?
ReplyDeletefuture chart/ spot chart to see? which charting software used. i use traderscockpit.com
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