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

[letsgrownow]

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

What you are getting is absolutely fine. Mine had a small issue because of some data problem. Now I am getting the same chart like you guys but it is a minor differences only.

:clap::clapping::thumb::thanx::cheers:

 

[kapilpatil]

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

What you are getting is absolutely fine. Mine had a small issue because of some data problem. Now I am getting the same chart like you guys but it is a minor differences only.

Hi raj,
sorry to bother you again... but because of this... i am not able to find triangle crossover on my charts after first flag breakout

 

[bulltrader]

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

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.

So totally we made 4 * 20 points - 80 points

For a traditional trader with 2% risk, it would be 50 positions and the profit would be 50 * 80 = Rs 4000 (including commissions and brokerage)

For a Breakout trader with max 100 positions it would be 100 * 80 = Rs 8000 (including commissions and brokerage)

The most important thing, Always watch the levels in SPOT because in the beginning of the F&O month, the premium will be high and the Futures levels keeps fluctuating... So always follow the levels in the SPOT.

Thanks Raj, just super stuff..

 

[Option.Trader]

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

To get the chart that I have posted you have to switch to "SPOT rates" (See the picture below)
Plus also change the EMA in the sheet "STOCKFLOW" in cell X2 to 3.5 (The default value is 7) - Changing to lower value to induce more congestion....

Got it:thumb:

 

[letsgrownow]

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

REMOVED.....Updated fresh chart in following post...

 

[letsgrownow]

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

at 11.22 Following chart ( 5 min TF)...

Pls verify and obliged..

RAJ Ji, IS it matching with your Chart...???

As per my paper trade record..

I have sold NIFTY SPOT @ 5671 (latest PIVOT LOW..as per chart)... Pls comment IS IT RIGHT TRADE...

 

[healthraj]

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

at 11.22 Following chart ( 5 min TF)...

Pls verify and obliged..

RAJ Ji, IS it matching with your Chart...???

As per my paper trade record..

I have sold NIFTY SPOT @ 5671 (latest PIVOT LOW..as per chart)... Pls comment IS IT RIGHT TRADE...

SUPER. Hope you were doing the real trading... If you have played the breakout at 5645 NS, you would have also made another 50 points... :clap::clap:

 

[healthraj]

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

Today is a Broad Range day (BR7) thanks to RBI Policy for NIFTY and a lot of banking stocks. So tomorrow trade cautiously, tomorrow also being Wednesday will be the day for Operators to eat premium. Better not to trade in the first half because sometimes the technicals do not work. If at all you want to Trade, Trade cautiously and try your luck after Europe opening...

 

[sushilgirdher]

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

You need Office 2007. Plus check if in your office the internet is working fine and they are not blocking the google finance and the NSEIndia site

I have installed office 2007 . My internet is very high speed and no site is blocked ( I myself ISP)
Problem is still same. Flow Chart is not shown though Renko Chart is OK
and secondly i am unable to stop Auto Refresh in between process going on

 

[healthraj]

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

I have installed office 2007 . My internet is very high speed and no site is blocked ( I myself ISP)
Problem is still same. Flow Chart is not shown though Renko Chart is OK
and secondly i am unable to stop Auto Refresh in between process going on

I have no clue why the "FLOW Chart" is not working. Meanwhile you can use the RENKO Chart I hope. There is no "Stop Refresh" option in 3.2. I will try to provide that in the next version.