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

[sushilgirdher]

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

Sir
Can u suggest some good charting software...?
earlier i was using chartnexus....now it is not working in my laptop?
any other simialr software can u suggest>?

 

[googler]

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

If you are involved in gold or silver investing, this site has all the necessary charting software with nofees or subscription. Enough to make your life easy (or difficult sometimes):thumb:

 

[healthraj]

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

Sir
Can u suggest some good charting software...?
earlier i was using chartnexus....now it is not working in my laptop?
any other simialr software can u suggest>?

I had used the software from InvestarIndia.com. For SPOT, it was working fine. For the Futures, there was some problem with the data and so I stopped using it. I had raised the issue for the Futures Data. Most probably they should have solved the issue. I did not check with them afterwards because I am using my excel tool for the past 4 months. The advantage with the InvestarIndia is that it is not very expensive and it comes with the Realtime data. They also have different packages for SPOT and Futures...You can try their free trial. Otherwise you have to go for Amibroker or other softwares in those lines where you have to also worry about the data...

I checked the latest version from InvestarIndia.com. They have fixed the problem. I personally liked this software simply because you don't have to worry about the data setup and their user interface is very simple.

 

[niftydreamer]

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

Is it possible to make 652 lakhs in 497 Trading days with a starting capital of 1 lakh using NIFTY Futures.

Yes theoretically it is possible.

So what is the Principle behind this strategy?

1. NIFTY is Trending only 20-25% of the time and so why always take 20 points Stoploss when 80% of the time you are going to loose. Why not take 7-10 points loss and close the trade if stoploss hit.
2. 20-25% of the time when the market is trending, NIFTY never crosses the opening price by more than 10 points. So in those cases NIFTY always gives on an average 55 points on the LONG side and 77 points on the SHORT Side.
3. 80-20 Principle. 80% of the losses comes from 20% of the trades and so 80% profit can come from 20% of the trades.
4. Why do we need to spend hours before the monitor, while we can spend maximum 30 minutes a day. (15 minutes during opening and 15 minutes during closing)

So let us say we do hundred trades.
75 trades with a loss of 10 points = 750 points loss
25 trades with a gain of 65 points = 1625 points gain
Net gain = 875 points in 100 trading days.
If you started trading with a capital of 1 lakh and 2% Risk, the profit would be Rs 1,75,000.
With pyramiding (reinvesting the profit ) it would turn to crores.

Attaching the excel sheet with the backtested results with the data of last two years for NIFTY.

Also attaching back tested result for the SBIN stock. SBIN unlike NIFTY falls in the 50:50 category. ie 50% of time is trending and 50% it is Rangebound. So it is one of the highly Trending stock. The Parameters are different for SBIN. For eg... your stoploss should be around 1% in SBIN where as for NIFTY your stoploss should not be more than 0.2%.


Will explain the strategy in detail in the next post.

Please visit the post number 839 for Latest links and Settings to be done for the Excel tools

http://www.traderji.com/advanced-tra...tml#post720252

Attaching the excel sheet with the backtested results with the data of last two years for NIFTY.

I could not download the excel sheet. Could you help me?

 

[Relish]

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

I could not download the excel sheet. Could you help me?

You can download file from Raj signature link or go to this one http://www.traderji.com/advanced-tr...0-trade-nifty-futures-bac-124.html#post732679

 

[letsgrownow]

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

Hi Friends
Visit following link.....One of our friend started new thread and wants to contribute his work in forum with us...


http://www.traderji.com/advanced-trading-strategies/75450-new-trading-tool.html#post736923

 

[letsgrownow]

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

Attached is the Futures analysis with the same philosophy. All the assumptions(configuration) are listed out at the begining.
Its clear that trading in Futures with the same strategy is not that rewarding as the index suggests. The futures data i would say is still on the optimistic side. In reality, its impossible to get the trade close to the opening. If you have to keep a stop loss based on open-7points, this would increase your stop loss and diminish the risk reward ratio. Also in pyramiding, as you are leveraging, the positions will get closed at 3:10. So ideally speaking, the configuration of no leverage (Keep margin as whole margin reqd) would be the closest to reality. In this case the returns are only 7 times original capital.
All in all, no doubt it is a good system, which will test your patience as well as your discipline. It is ideal for people like me who dont have much time to sit in front of terminal the whole day. :thumb:
A few changes, like not trading on those days when you know for sure that the tide has changed or trading at support or resistance only, could increase the win %. Let me know if anyone needs any more details
View attachment 18126

Hello Option Trader / Raj,

Kindly repost the Future Analysis File .... I am interested in OTP system due to time constraint...


Thanks..

 

[prabhsingh]

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

Hello Option Trader / Raj,

Kindly repost the Future Analysis File .... I am interested in OTP system due to time constraint...


Thanks..

But Mate why are you posting your request in such big font.I think normal font can also place your request to Raj.Isnt it?

 

[letsgrownow]

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

But Mate why are you posting your request in such big font.I think normal font can also place your request to Raj.Isnt it?

Sorry if troubles your eye...I will remember this next time

I will be thankful if you can post updated your Future Analysis ....

 

[healthraj]

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

How to Take positions during GAP UP/DOWN days.

During the GAP UP/DOWN days do not be in a hurry to take your positions based on just the market perception. Wait for the EMAs to converge and take your positions based on the EMA Movement. For example today the market seems to be bullish. Remember yesterday those who have taken the short positions might be selling or waiting to sell their positions.

What if I am trading based on the Pivot, Support and Resistance levels?
Still it is better to wait. you can see in the below chart that the market crossed today's Resistance of 5720, but that is not enough because the EMAs have not comverged. So after crossing 5720 market still making lows. NIFTY will only bounce strongly after the EMA convergence...