Suggestions required for improvement in my trading style
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Dear Sir,
Sir please answer all my queries to remove noise in my mind
Please guide 1. Risk per trade in % terms for positional trades or investment in equity
2. I am keeping my SL/TSL on D SMART for positional equity since beginning of my PNF journey with you in Gurukul eversince this April. I preferred D Smart for its unique features explained by you in Gurukul. I am able to ride my trade with D Smart but whenever I find breadth is over bought I shift my TSL to NCR.on EOD chart or d smart on 1 minute chart. and I find my TSL is hit in a day or two. And I make a profit of only 4 to 5% on an average where as my initial d smart SL itself is around 6 to 8 %. My success ratio is around 55% in last around 51 trades completed so far. So I end up making 5% profit vis a vis 5 to 6% loss. So my Actual Risk reward ratio ends up very poor below 1:1. Ofcourse my expectancy ratio is positive so I am making some profits Please suggest me some improvement so that I can improve my R : R ratio, and expectancy ratio. Shall I start keeping pattern failure level as
SL instead or shall I continue to keep my TSL on d smart irrespective of breadth in extreme zone or suggest some improvement.
3. Which pattern in PNF chart in RZONE will plot All 5 Anchor column family follow through patterns. Please name exact name. Do we have to plot Immediate follow through and AFT Bullish seperately to cover all 5 or AFT Bullish covers all 5. ???.
