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104 Technical trading experiments by HUNTER
LSE- Tech Contributor
- Posts : 1321
Join date : 2014-06-04
Are we ok now to start the journey..?
HUNTER- Top contributor
- Posts : 1935
Join date : 2014-07-14
Following are the members in this group so far.
Backstage
lanka
LSE
Rana
Senarath67
serene
yellow knife
කිත්සිරි ද සිල්වා
We'll wait for 2 more to join and resume our expedition.
Regarding whom to join or not, until we come up with some criteria, will be solely decided by the following trio;
Backstage
yellow knife
කිත්සිරි ද සිල්වා
HUNTER- Top contributor
- Posts : 1935
Join date : 2014-07-14
කිත්සිරි ද සිල්වා- Top contributor
- Posts : 9679
Join date : 2014-02-23
Age : 66
Location : රජ්ගම
HUNTER wrote:You (3) gents want SLS added here?
කිත්සිරි ද සිල්වා- Top contributor
- Posts : 9679
Join date : 2014-02-23
Age : 66
Location : රජ්ගම
HUNTER wrote:@lanka added.
Following are the members in this group so far.
Backstage
lanka
LSE
Rana
Senarath67
serene
yellow knife
කිත්සිරි ද සිල්වා
We'll wait for 2 more to join and resume our expedition.
Regarding whom to join or not, until we come up with some criteria, will be solely decided by the following trio;
Backstage
yellow knife
කිත්සිරි ද සිල්වා
HUNTER- Top contributor
- Posts : 1935
Join date : 2014-07-14
කිත්සිරි ද සිල්වා wrote:Great asset, provided that we have his consent first.HUNTER wrote:You (3) gents want SLS added here?
He has requested.
---------
I have added SLS.
Welcome SLS to this; 'restricted' thread!
Once we have 10 members joined, we will resume our discussion.
serene- Top contributor
- Posts : 4850
Join date : 2014-02-26
HUNTER wrote:
Regarding whom to join or not, until we come up with some criteria, will be solely decided by the following trio;
Backstage
yellow knife
කිත්සිරි ද සිල්වා
No issue.
slstock- Veteran
- Posts : 6216
Join date : 2014-06-12
HUNTER wrote:You (3) gents want SLS added here?
You"ll have done wrong.
The person who added value/input for your own/forum protection was not
included in group.
I do not want to be part of this anymore. Take me out of this group
Last edited by slstock on Tue Dec 03, 2019 10:59 am; edited 6 times in total
කිත්සිරි ද සිල්වා- Top contributor
- Posts : 9679
Join date : 2014-02-23
Age : 66
Location : රජ්ගම
HUNTER wrote:කිත්සිරි ද සිල්වා wrote:Great asset, provided that we have his consent first.HUNTER wrote:You (3) gents want SLS added here?
He has requested.
---------
I have added SLS.
Welcome SLS to this; 'restricted' thread!
Once we have 10 members joined, we will resume our discussion.
කිත්සිරි ද සිල්වා- Top contributor
- Posts : 9679
Join date : 2014-02-23
Age : 66
Location : රජ්ගම
Once you are added there only you started seeing it again.
Same with Nihal too, I believe.
slstock wrote:HUNTER wrote:You (3) gents want SLS added here?
You"ll have done me wrong.
The person who added value to this was take out of the group.
I do not want to be part of this anymore. Take me out of this group
yellow knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
slstock wrote:HUNTER wrote:You (3) gents want SLS added here?
You"ll have done wrong.
The person who added value/input for your own/forum protection was not
included in group.
I do not want to be part of this anymore. Take me out of this group
SLS you have to be here. I am not into Technical s. and You have sound knowledge on TAs.. Your presence is needed.
slstock- Veteran
- Posts : 6216
Join date : 2014-06-12
1) When noone did, one person added ideas to protect the experiment, Hunter himself and the forum. If the same person is not added/taken off the group
Hunter formed , there is something wrong . You"ll have not thought right.
2) A second big mistake is also happening as far as I see. I added all info for public transparency and to protect the forum/Hunter. Now you"ll are forming a restricted / hidden from public group . This can easily raise the eye brows and allow speculations and attacks from those who can.
a) YOU"LL HAVE NOT THOUGHT THIS THROUGH .
b) Wrong was done.
Do remove me from this group ( if I am added now)
HUNTER- Top contributor
- Posts : 1935
Join date : 2014-07-14
slstock wrote:HUNTER wrote:You (3) gents want SLS added here?
You"ll have done wrong.
The person who added value/input for your own/forum protection was not
included in group.
I do not want to be part of this anymore. Take me out of this group
There was no removal. Admin had restricted access by anyone; we are now adding 'selected' members one by one on request.
I guess all here want SLS, added with your consent.
You still want removed or kept added?
Ethical Trader- Top contributor
- Posts : 5568
Join date : 2014-02-28
HUNTER wrote:Thanks @Path , @Leon , @Kith for comments and joining-in; happy to rejoin with you.serene wrote:my personal view. Sorry If i put negatives at the outset.HUNTER wrote:Here are my suggested rules of the game:
Not in particular order.
* We will stick to just one technique (one trading set up) to buy our trade. (We will discuss and decide on this 'set up' in coming days.
* Once a week, we will find a counter with our 'set-up' and invest the pre-defined amount of money in this counter.
* Once the traded counter reaches the intended profit level, we will sell and mark profits.
* We will not execute any stop losses; i.e. not sell at a loss. In CSE, commissions are so high that taking stop-losses are mostly work against us.
* Since we are not using stop-losses, we need to strictly control our risks by limiting the exposure on any single trade. So, we will put only 1% of our risk capital in one trade. That also means, we will have enough cash to execute nearly all intended 104 trades in this experiment.
What do you all think?
Trading without a Stop loss /Not sell at a loss. I don't think its a good Idea.
Better is to set upon selling point in the same trading set-up or have a predetermined Stop loss before we get in to the position.
In my view the one you stated will work better in an investment on a share based on Fundamentals on Particular share or particular sector. Specially with the Interim's are coming we can find turnaround Companies.
Yes I'm also, almost always, advise using stop-losses. If most of us here suggest using stop losses in this experiment, let's do so.
Dear all,
Please suggest what do you prefer; use a stop-loss or not?
HUNTER- Top contributor
- Posts : 1935
Join date : 2014-07-14
Let's take a 'Pause' until the participants are ready.
https://forum.lankaninvestor.com/t11539p75-how-to-get-access-to-104-technical-trading-experiments-by-hunter#103723
LSE- Tech Contributor
- Posts : 1321
Join date : 2014-06-04
When we take all the concerns at bunch what I think is the most better way is you to continue this with or without any participation like what I did with Pivot Point thread. Actually I've initiated it as a kind of research and I've proved the way how it's going to work exactly with the actual market sentiment in different time periods. If you can initiate this in that way many of us here can get the benefit from it. Appreciate your comments here.
LSE
HUNTER- Top contributor
- Posts : 1935
Join date : 2014-07-14
Also, please suggest whom should be added in this thread (Technical trading lovers )
LSE- Tech Contributor
- Posts : 1321
Join date : 2014-06-04
HUNTER wrote:If the majority of here accepts what LSE suggest (continuing anyway), then I will continue with the addition of 2 more members (10 members altogether)
Also, please suggest whom should be added in this thread (Technical trading lovers )
yellow knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
HUNTER- Top contributor
- Posts : 1935
Join date : 2014-07-14
What do you mean by 'Others'?
LSE- Tech Contributor
- Posts : 1321
Join date : 2014-06-04
Hoping now it's a better time you to start your experiment. We are eagerly waiting to see the results...
HUNTER wrote:LSE,
What do you mean by 'Others'?
HUNTER- Top contributor
- Posts : 1935
Join date : 2014-07-14
LSE wrote:Others = Forum members
Hoping now it's a better time you to start your experiment. We are eagerly waiting to see the results...HUNTER wrote:LSE,
What do you mean by 'Others'?
The problem is, forum members cannot see this thread as it is restricted.
We need to find a way of suitable members can see the thread first.
LSE- Tech Contributor
- Posts : 1321
Join date : 2014-06-04
HUNTER wrote:LSE wrote:Others = Forum members
Hoping now it's a better time you to start your experiment. We are eagerly waiting to see the results...HUNTER wrote:LSE,
What do you mean by 'Others'?
The problem is, forum members cannot see this thread as it is restricted.
We need to find a way of suitable members can see the thread first.
HUNTER- Top contributor
- Posts : 1935
Join date : 2014-07-14
How much to invest and Risked in this Experiment.
===============================
I would like the participants to put equal amount of money in one trade. (not buying any fixed number of shares per trade)
Unlike those days, you can by any odd number of shares to match your target amount now.
For new comers to trading without a big risk capital;
I suggest putting anything between Rs 200 ~ 2,000/- per trade.
Considering 104 trades in this experiment, we can imagine a worst case investment of Rs 40,800/- ~ Rs 408,000/- for the period of 2 years.
However, considering an average hold time of 6 months, all you need to have in hand for this is around Rs 10,000/- ~ 100,000/- in total.
How much you can loose:
Usually, the SL we use will be less than 20%.
So, if we loose all our trades, we will have the risk of loosing about Rs 8,000/- 80,000/- depending on what you plan to invest.
If we win all trades, we might end up with a total profit of about Rs 12,000/- ~ 120,000/-
Considering a practical possibilities, most probably, we will end up with small marginal net profit at the end of the experiment period.
-------------
Do you have any questions?
yellow knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
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