Nifty trade update – 07.04.21

From the desk of Capt. D.Ganesh Raja

Dear Friends,

Yesterday I had informed to short Nifty as per system signal. Today’s closing at 14819.05 should have triggered stop loss but the system is still has not given an exit , so I thought of updating. I generally never revise stop loss but since I am having some time in hand and checking the system daily , it gives me an opportunity to update. This is the difference between a rigid buy / sell recommendation with stop loss and a dynamic trading system.

It is not my intention to walk people through uncontrolled risk or give a confusing view about market which we generally see, but to demonstrate that a carefully designed system is able to generate signals and also once in a while market behaviour is contrary or chaotic it can still give sufficient cushion with minimal loss to capital.

If someone is wondering why a system cannot be absolutely accurate it is impossible to do so, given very nature of market and its vagaries.

Rest is same as I have mentioned in yesterday’s report.