Monday, August 25, 2008

Addtional Rules on Profit booking and Stop loss


In a virtual trading it is not possible to track markets throughout the day. Hence we have introduced the following rules which will apply if no alternative directions are given along with market predictions or before the predicted event
 
1. Profit will be protected once net profits on trade exceeds 15% with stop loss at 13% and trailing profits by same margin for every 1% increase in profits ( even if profits appear before predicted time or day) for a single lot of options or futures
 
2. In case of more than 1 lot , for 50% of lots ( to nearest integer) profits will be protected as per above rules and for remaining lots .For remaining lots of options, profits will be protected at 25% profts with trailing stop loss at 23% and increasing by 1%
 
3.Losses wil be sqaured in cse of wrong predictions for all lots but one when losses are 25% of  initial investment
 
4. If  follow -up Predictions fail to appear on blog on time, above rules will apply as well



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