1 Lac turns into 22 lac in 1 yr 2 mths 6 days

[niludeepak]

the final image of the day

 

[niludeepak]

in the morning, buy signal is shown but theoretically its to be bought at eod

 

[niludeepak]

the day finally closed above 8 day ema and we had a buy at close at 5241 spot.

 

[augubhai]

I am trading this system with some changes. Instead of points, I prefer percentages. So I have kept the target as 4% and SL as 0.7%. Also, I hedge the future with an otm option. There have been 2 trades so far.

Trade 1:
Entry at open on 11th July. (could not buy at close the previous day).
- Bought NF at 5333
- Bought 5300 Put at 55
Exit at open on 12th july (gap down)
- Sold NF at 5270
- Sold 5300 Put at 83
(5270-5333)+(83-55) = loss of 35 points

Trade 2:
Entry at close on 12th July.
- Sold NF at 5246
- Bought 5300 Call at 41.5
Trade still open. SL at 5283, Target 5036

Today reversed to long. Option hedge caused additional loss in trade 2. I had half a mind not to sell the call, but...

Trade 2:
Entry at close on 12th July.
- Sold NF at 5246
- Bought 5300 Call at 41.5
Exit at close on 19th July (Futures closed above 8 EMA)
- Bought NF at 5259
- Sold 5300 Call at 22
(5259-5246)+(41.5-22) = loss of 32.5 points

Trade 3:
Entry at close on 19th July.
- Bought NF at 5259
- Bought 5200 Put at 17.85

 

[Karanm]

Thanx Bewinner,

here i follow ur suggestion :

http://www.4shared.com/file/bq-KZUvv/Nilu_Indicator_bactesting_resu.html

yellow highlighted cell are 35 points SL hits,
pink highlighted cells are > 35 points gap opening SL hits
profits less than 200 points r on days when market turns direction giving us some points
losses < 35 points r similarily on days when market turns direction

In 1 year 2 months & 6 days, there were Only 112 Trading days, how it is possible. In 430 days, there were only 112 Trading days, kindly clarify.

 

[niludeepak]

In 1 year 2 months & 6 days, there were Only 112 Trading days, how it is possible. In 430 days, there were only 112 Trading days, kindly clarify.

the days shown r when trades were taken, u trade anew only if SL is hit,either profit is booked or market direction changes course.

thanx.

 

[niludeepak]

i have a few very simple pointers in my mind which i wud like to share with u ;

1. it gapped up above 8 dema and whole day of responsive selling cudn't bring it below 8 dema => so to me uptrend

2. my other system (15 min) had a sell at 2.15 and the SL was hit => downtrend was not powerful,

3.it wud have been better if 15 min system cud also have given a buy => in which case we wud have carried overnight positions with lesser anxiety.

these 3 pointer exercise and similar ones need be taken on to come out with a set of common sense rules for whether to carry positions overnight.

do throw ur pointers for the same matter.

thanx

 

[niludeepak]

Today reversed to long. Option hedge caused additional loss in trade 2. I had half a mind not to sell the call, but...

Trade 2:
Entry at close on 12th July.
- Sold NF at 5246
- Bought 5300 Call at 41.5
Exit at close on 19th July (Futures closed above 8 EMA)
- Bought NF at 5259
- Sold 5300 Call at 22
(5259-5246)+(41.5-22) = loss of 32.5 points

Trade 3:
Entry at close on 19th July.
- Bought NF at 5259
- Bought 5200 Put at 17.85

u r doing a grt thing trading on my system, i feel sorry abt the loss, but such mechanical systems have 3 out of 4 losers.
thnx

 

[Karanm]

the days shown r when trades were taken, u trade anew only if SL is hit,either profit is booked or market direction changes course.

thanx.

Thank you for your guidance.
Kindly guide for one more Point - Can we Trade as per Nifty futures value at 3.29 Pm and take Trade accordingly.

 

[niludeepak]

Thank you for your guidance.
Kindly guide for one more Point - Can we Trade as per Nifty futures value at 3.29 Pm and take Trade accordingly.

yes !! Karanm.
tnx



i m late in joining my trading room today,
this hit our SL of 35 points, it becomes frustrating when market does so.