Change of Strategy effective 09.12.2013 Tantra Trader is designed to target sustainable returns over longer time horizons and all attempts would be made to keep volatility of the system at reasonable levels. System uses a conservative leverage with predefined stops. Targets may be revised upward or downward, however stops would only be revised upward from the initial levels. Recommended Capital to implement strategy: USD 50000 Threshold Minimum Capital to implement strategy: USD 30000 Strategy seek to identify short to medium trends. It is mainly based on Price action and Candle patterns. Though mostly it tries to cover the subsequent legs of an already established trend but at times would also experiment with upcoming trend inversions. System at times may experience some churning of positions, when the trends are being established and would attempt to ride a cleared trend. Each trade is initiated with 1 lot, covered with a stoploss. At a given time a maximum of three trades or lots would be in place. The stoploss on each position would be primarily based on ATR and would have secondary inputs from classic S/R, MAs, Fibo Levels and Trend Lines. the combined risk profile at a given time for all the positions may be upto USD 5000 (10 percent) and for individual positions may vary between 3-5 percent. System is manually traded and all signals are discretionary. The underlying theme of the trade initiation are as: 1. Risk to Reward 2. Absolute risk to equity 3. Moderate leverage 4. General alignment with broader market sentiment 5. Cross asset class comparisons for trend The entry and exit is governed by the following: 1. 4 hour candles 2. 1 hour candles 3. Candle patterns 4. Parabolic SAR 5. Classic support and resistance levels 6. Fibonacci 7. RSI divergences In addition, exit is also governed by the sudden news flow and disturbances in cross asset performance syncrhonisation.