1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures - Bac
- Thread starter healthraj
- Start date
- Tags many trades per-day(mtp) one trade per-day (otp) raj trading system trade with renko chart trade with saint flow
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -
Sir
In the MTP tool. when the auto Refresh is going on The Charts can not be viewed. When we try to view chart we need to Stop Auto Refresh but i am unable to STOP auto Refresh...it hangs the excel and i need to close excel by using Alt+Ctrl+Del.
So pls tell how i can stop auto refresh to view chart...
Second thing, i m able to view Renko Chart but can not view Flow Chart in my office PC Which is having Win XP and Office 2003
In my Home PC having Win7 and Excel 2007 Both Charts are OK...
So what is needed in office PC to view Flow Chart?
Pls reply
Sir
In the MTP tool. when the auto Refresh is going on The Charts can not be viewed. When we try to view chart we need to Stop Auto Refresh but i am unable to STOP auto Refresh...it hangs the excel and i need to close excel by using Alt+Ctrl+Del.
So pls tell how i can stop auto refresh to view chart...
Second thing, i m able to view Renko Chart but can not view Flow Chart in my office PC Which is having Win XP and Office 2003
In my Home PC having Win7 and Excel 2007 Both Charts are OK...
So what is needed in office PC to view Flow Chart?
Pls reply
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -
Raj
Following the above approach for Nifty would have cut our positions multiple times
1) First pivot low of 5714, so sell below 5714 would have given 10 points loss in trade
2)First high of 5723, taking position there would have led to 20 points loss
3) Second sell below 5711 would have led to 10 points loss
4) 3rd sell would have given 14 points profit
So totally 4 trades with loss of 25 points + Brokerages
Trading with Renko blocks would have been more beneficial?
Making Rs 2000 a day with Rs 1 lakh Capital with NIFTY and BANKNIFTY.
Some people have been contacting me in personal mail asking how to make Rs 500-Rs 2000 a day with just 1 lakh Capital.
First of all I would not say it is easy because when we are trading it is a GAME OF MIND OVER MATTER. So better to do some paper trading on this strategy and get some confidence before trying in real trading. So I would suggest a simple approach of Wait and playing the breakout. So if there is no congestion there is no trade. So congestion is good... But it might fail during the volatile days. So wait for some heavy congestion to be formed in the 5min chart and note down the levels and play the breakout. During the breakout 90% of time you will surely get 10 points in NIFTY and 20 points in Bank NIFTY. One more thing if you have more confidence you can go for the max positions during the breakout or you can stick to the normal Risk : Reward model. You can imagine the strategy like you are waiting in the Traffic signal because the Chief minister or the Prime minister or some VIP is passing by and all the traffic is blocked and everybody is waiting. The moment the VIP's vehicle is gone you can see how fast the Traffic will move but will move and stop at the next signal due to the normal signals. So we will apply the same strategy here. It is one of the SAFE and QUICK approach.
For example with 1 lakh of capital, I will explain the strategy with Friday's chart. I have taken the 5min Chart, because that is where you will see maximum congestion.
1- The first pivot of the day - No positions yet - We will take positions below 11566
2 - The second pivot 11631 - We will take positions above 11631.
From 10:20 to 12 Noon there is a FLAG formation and out previous pivots are also not broken - So no positions
3- At 3 the FLAG/ Channel is broken - So we will go SHORT around 11566 and we will cover our positions with 20 points @ 11546 and market made low 11540.
4- Our next positions will above the previous FLAG High. So take long positions above 11588 for 20 points profit @ 11608
5 - We will once again go Short below 11540 for 20 points profit @ 11520 - Market made low of 11506
6 - We will go Short once again below 11506 - for 20 points profit and close - @ 11486 - Market made low of 11468
Any further positions would be above 11537 or below 11468 - So no more positions for the day.
Some people have been contacting me in personal mail asking how to make Rs 500-Rs 2000 a day with just 1 lakh Capital.
First of all I would not say it is easy because when we are trading it is a GAME OF MIND OVER MATTER. So better to do some paper trading on this strategy and get some confidence before trying in real trading. So I would suggest a simple approach of Wait and playing the breakout. So if there is no congestion there is no trade. So congestion is good... But it might fail during the volatile days. So wait for some heavy congestion to be formed in the 5min chart and note down the levels and play the breakout. During the breakout 90% of time you will surely get 10 points in NIFTY and 20 points in Bank NIFTY. One more thing if you have more confidence you can go for the max positions during the breakout or you can stick to the normal Risk : Reward model. You can imagine the strategy like you are waiting in the Traffic signal because the Chief minister or the Prime minister or some VIP is passing by and all the traffic is blocked and everybody is waiting. The moment the VIP's vehicle is gone you can see how fast the Traffic will move but will move and stop at the next signal due to the normal signals. So we will apply the same strategy here. It is one of the SAFE and QUICK approach.
For example with 1 lakh of capital, I will explain the strategy with Friday's chart. I have taken the 5min Chart, because that is where you will see maximum congestion.
1- The first pivot of the day - No positions yet - We will take positions below 11566
2 - The second pivot 11631 - We will take positions above 11631.
From 10:20 to 12 Noon there is a FLAG formation and out previous pivots are also not broken - So no positions
3- At 3 the FLAG/ Channel is broken - So we will go SHORT around 11566 and we will cover our positions with 20 points @ 11546 and market made low 11540.
4- Our next positions will above the previous FLAG High. So take long positions above 11588 for 20 points profit @ 11608
5 - We will once again go Short below 11540 for 20 points profit @ 11520 - Market made low of 11506
6 - We will go Short once again below 11506 - for 20 points profit and close - @ 11486 - Market made low of 11468
Any further positions would be above 11537 or below 11468 - So no more positions for the day.
Following the above approach for Nifty would have cut our positions multiple times
1) First pivot low of 5714, so sell below 5714 would have given 10 points loss in trade
2)First high of 5723, taking position there would have led to 20 points loss
3) Second sell below 5711 would have led to 10 points loss
4) 3rd sell would have given 14 points profit
So totally 4 trades with loss of 25 points + Brokerages
Trading with Renko blocks would have been more beneficial?
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -
Something wrong with your chart. This is not the 5 min chart that I am getting... Today's NIFTY SPOT High was only 5698. I have clearly told that for this special breakout strategy use the SPOT rates... So there will be an option to choose the Premium rates or SPOT rates, Choose "Chart Prices : SPOT"...
Plus to see more congestion, it would be better to use a Faster EMA... So in the hidden sheet, "STOCKFLOW", change the EMA in the cell X2 to 3.5...
I will post the chart after 3:30
Raj
Following the above approach for Nifty would have cut our positions multiple times
1) First pivot low of 5714, so sell below 5714 would have given 10 points loss in trade
2)First high of 5723, taking position there would have led to 20 points loss
3) Second sell below 5711 would have led to 10 points loss
4) 3rd sell would have given 14 points profit
So totally 4 trades with loss of 25 points + Brokerages
Trading with Renko blocks would have been more beneficial?
Following the above approach for Nifty would have cut our positions multiple times
1) First pivot low of 5714, so sell below 5714 would have given 10 points loss in trade
2)First high of 5723, taking position there would have led to 20 points loss
3) Second sell below 5711 would have led to 10 points loss
4) 3rd sell would have given 14 points profit
So totally 4 trades with loss of 25 points + Brokerages
Trading with Renko blocks would have been more beneficial?
Plus to see more congestion, it would be better to use a Faster EMA... So in the hidden sheet, "STOCKFLOW", change the EMA in the cell X2 to 3.5...
I will post the chart after 3:30
Last edited:
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -
29-Oct-12 NIFTY 5min Chart Breakout strategy result
Timeframe : 5 minute
EMA : 3.5
NIFTY Rates : SPOT
5698 - The first pivot high for today
5676 - The first pivot low for today.
So positions will be only above 5698 or below 5676. We will wait for congestion to be formed
1 - First position after the breakout of the flag near 5687 for 10 points profit @ 5677 - Made low of 5674
Further positions above 5692 or below 5674. We will wait for congestion to be formed
2 - Triangle breakout at 5680 for 10 points profit at 5670 - Made low of 5660
Further positions above 5680 or below 5660. We will wait for congestion to be formed
3 - Triangle breakout at 5666 for 10 points profit at 5656 - Made low of 5653
Further positions above 5666 or below 5653. We will wait for congestion to be formed
4 - Short below 5653 for 10 points profit at 5643 - Made low of 5647 only - So closing the positions at cost
Further positions above 5653 or below 5647. We will wait for congestion to be formed
5 - Triangle breakout above 5653 - 10 points profit at 5663 - Made high of 5669
Total profits - 40 points without commission and brokerage.
As you can see how I have been telling people to use the SPOT Rates. Today after the market made low of 5647... The SPOT moved only 20 points to around 5669... But the futures moved to a high of around 5710 from low of 5678 (30 points)... So better to use the SPOT rates for the Pivots...
Please note that since we are using 5min timeframe we wait for at least 4 pivot points to take our positions. Two pivot points to draw the Resistance (BUY) line and two pivot points to draw the Support (SELL) line. In the 5 minute chart... Do not be in a hurry to take positions using a single pivot.
29-Oct-12 NIFTY 5min Chart Breakout strategy result
Timeframe : 5 minute
EMA : 3.5
NIFTY Rates : SPOT
5698 - The first pivot high for today
5676 - The first pivot low for today.
So positions will be only above 5698 or below 5676. We will wait for congestion to be formed
1 - First position after the breakout of the flag near 5687 for 10 points profit @ 5677 - Made low of 5674
Further positions above 5692 or below 5674. We will wait for congestion to be formed
2 - Triangle breakout at 5680 for 10 points profit at 5670 - Made low of 5660
Further positions above 5680 or below 5660. We will wait for congestion to be formed
3 - Triangle breakout at 5666 for 10 points profit at 5656 - Made low of 5653
Further positions above 5666 or below 5653. We will wait for congestion to be formed
4 - Short below 5653 for 10 points profit at 5643 - Made low of 5647 only - So closing the positions at cost
Further positions above 5653 or below 5647. We will wait for congestion to be formed
5 - Triangle breakout above 5653 - 10 points profit at 5663 - Made high of 5669
Total profits - 40 points without commission and brokerage.
As you can see how I have been telling people to use the SPOT Rates. Today after the market made low of 5647... The SPOT moved only 20 points to around 5669... But the futures moved to a high of around 5710 from low of 5678 (30 points)... So better to use the SPOT rates for the Pivots...
Please note that since we are using 5min timeframe we wait for at least 4 pivot points to take our positions. Two pivot points to draw the Resistance (BUY) line and two pivot points to draw the Support (SELL) line. In the 5 minute chart... Do not be in a hurry to take positions using a single pivot.
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