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Yes,
They are best for trading. If the trader have good ability to trade then with discipline and strategy the India Market are fun
On Mon, 12 Jul 2004 Jose wrote :
> These Indian markets sound like more fun than a trip to
> Disneyland...
> j '-)
> --- In equismetastock@xxxxxxxxxxxxxxx, "Hitendra
> Vasudeo" <hitendra@xx
> ..> wrote:
> > The trading system developed looking at the indian
> markets.
> > The objective is to identify sideways movements
> and take
> > the benefit to sell call and sell put to earn
> premiums.
> >
> > The defination of a sideways situation is defined.
> > To action has to be initiated only when the ADX is
> below 20
> > and the price have to touch either of the Upper
> Bands or Lower
> > Bands. Sell Call when the price hits the Upper
> Bands 2 and 3
> > Standard Deviation and Sell Put when the price
> hits the lower
> > bands.
> >
> > Before intiating the the trade you should be
> prepared to pay
> > for the margins and mark to mark difference if
> they need to be paid.
> > Preparation for this will have to done before hand
> and not be
> > suprised later.
> >
> > The trade is exited only when ADX moves above 20.
> >
> > I have an EXPERT ADVISOR BUILT on THIS SYSTEM.
> >
> > Hitendra Vasudeo
> > +919820219664
> > www.stockmechanics.com
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