1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures - Bac

[Option.Trader]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

For Today, the call would be Buy around 5145 NF, Stoploss @ NF 5125, Target 1 @ 5170, Target 2 @ 5195

Raj

This would be violating your principles of the setup that yo have come up with. Are you saying the system no longer holds good and the new tool should instead be looked at for initiating positions?
I think you had a good system in place.. albeit for only spot not for futures.. but with the new tool avtaar this changes the direction completely

 

[healthraj]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Raj

This would be violating your principles of the setup that yo have come up with. Are you saying the system no longer holds good and the new tool should instead be looked at for initiating positions?
I think you had a good system in place.. albeit for only spot not for futures.. but with the new tool avtaar this changes the direction completely

In the tool , I still have a place holder for positional traders... (My meaning of Positional traders is those who cannot sit before the terminal the whole day and who can spent a max of 30 minutes per day)

But there are people who spent the whole day before the terminal...
My call was for those Intraday players.... Remember our positional Range 5150-5200 is very far from today's range... As a positional trader you can wait...

The main difference is that
- Positional Trading - We take the long term signals like EMA 15 and EMA 25.
- For Intraday trading - We take signals from Options Chain, or Advance Decline Ratio which keep changing very half an hour etc...

The Intraday Signal might keep changing... But the Postional Signal more or less remain the same...

It depends what you want to do?

I Personally,since I do not have time do only Positional trading... Open the Trade terminal in the morning... Put a trade... Put stoploss... Open around 3:15 pm... Close the trade if stoploss not hit... I look at my excel sheet to follow what is happening in the market...

 

[healthraj]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Can one of you suggest a different name for Positional? Because the name "Positional" and "Intraday" conflicts with Traditional definition.

I can call it "Part time Intraday"-Positional
"Full time Intraday" - Intraday

 

[varun_alld]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

For Today, the call would be Buy around 5145 NF, Stoploss @ NF 5125, Target 1 @ 5170, Target 2 @ 5195

hyi Raj,

from where did you get these values ?? these were not showing up in the morning on the excel sheet ?? ....... please help ......

regards,

Varun kakkar.

 

[healthraj]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

hyi Raj,

from where did you get these values ?? these were not showing up in the morning on the excel sheet ?? ....... please help ......

regards,

Varun kakkar.

It is in the upcoming version 1.3... I am currently testing

 

[varun_alld]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

It is in the upcoming version 1.3... I am currently testing

Sorry for troubling you once again raj

the version 1.2 that you have it has two excel sheets in it ....... one is trading system and the other one is nifty-post............

now these values that you have in NIFTY-POST xls sheet ........... are these spot values or nifty future values ???

Regards,

Varun Kakkar.

 

[gurmy.]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Can one of you suggest a different name for Positional? Because the name "Positional" and "Intraday" conflicts with Traditional definition.

I can call it "Part time Intraday"-Positional
"Full time Intraday" - Intraday

hey u can name it
intraday and swing trading
and thanks for all the pain u r taking into developing such utilities

 

[healthraj]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Hi Varun,


the version 1.2 that you have it has two excel sheets in it ....... one is trading system and the other one is nifty-post............

The "Trading System" is developed basically to fetch live values from the market.

The "Trading System" has two parts.

1. Positional - Which is the same as "NIFTY-POST". So you can use NFTY-POST also. For ease of use, the last row values from "NIFTY-POST" are displayed in this section. So this is basically a ONE TRADE PER DAY SYSTEM and you would need max 30 minutes per day to trade in this system

2. Intraday- This is the Traditional Intraday, for which in 1.2 I had just provided the Range. This is basically a SIX HOURS (Whole day), MANY TRADERS PER DAY SYSTEM.... This is little bit complex system

now these values that you have in NIFTY-POST xls sheet ........... are these spot values or nifty future values ???

The values in NIFTY-POST are NIFTY SPOT values. But the values get updated automatically through the day...

 

[healthraj]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Update on v1.3

Hope you guys find the simple Excel tool useful...

Those who are following the strategy of doing a SINGLE TRADER PER DAY, will not find any more updates in 1.3 because all is in the "NIFTY-SPOT" sheet and actually you don't need a LIVE system other than updating the "NIFTY-SPOT" sheet with Live Data.

In version 1.3 I am doing some updates more for the Intraday trader who wants to do MULTIPLE TRADES per day and who is sitting SIX HOURS before the Trading Terminal. There are so many system out there... So is there a need for one more system in Excel?

Well the unique thing about this Intraday system is that the LONG/SHORT signal is not based on SMA/EMA or any other Technical indicators which are available in the market. This would be purely based on the latest OPTIONS CHAINS Data for which there is only one system developed by our friend Nishant ([email protected]). Those who believe and are confident in taking LONG/SHORT positions based on the "OPTIONS CHAIN" will find this Intraday system useful...

So I have been using this method and monitoring the signals that I am getting...

I will post the screen shots in the next post...

 

[varun_alld]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Hi Varun,


the version 1.2 that you have it has two excel sheets in it ....... one is trading system and the other one is nifty-post............

The "Trading System" is developed basically to fetch live values from the market.

The "Trading System" has two parts.

1. Positional - Which is the same as "NIFTY-POST". So you can use NFTY-POST also. For ease of use, the last row values from "NIFTY-POST" are displayed in this section. So this is basically a ONE TRADE PER DAY SYSTEM and you would need max 30 minutes per day to trade in this system

2. Intraday- This is the Traditional Intraday, for which in 1.2 I had just provided the Range. This is basically a SIX HOURS (Whole day), MANY TRADERS PER DAY SYSTEM.... This is little bit complex system

now these values that you have in NIFTY-POST xls sheet ........... are these spot values or nifty future values ???

The values in NIFTY-POST are NIFTY SPOT values. But the values get updated automatically through the day...

Thanks Raj ...... for a quick reply ....................

Q1). now, as of today the nifty post .xls file is showing STAY SHORT BELOW 5153 .........now nifty opened at 5124 so did we short at the open (5124) value with a stop loss of 7 points (5131) ? ..... and today its showing a loss of 7 points because i guess todays high was 5150 ??

am i correct ?

Q2). now the first .XLS sheet which is trading system...... the positional part has a --> NIFTY Futures (Using Futures Premium Extrapolation) Buy Above 5119 Sell Below 5066 <-- column ........ so these levels also have a 7 point stop loss only ??