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

Whether the latest MTP v2.2 tool is useful?

  • YES. The tool helps to take safe positions using FLOW and Renko Charts

    Votes: 26 92.9%
  • NO. The tool is not useful

    Votes: 2 7.1%

  • Total voters
    28
  • Poll closed .
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Raj,

How is your experience from using your own system, is it making money for you ?
i am still paper trading using your system
 

healthraj

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

Raj,

your effort is appreciated and we hope that returns from your system(OTP) in the future would be same as shown in backtested data,
i have given you few suggestions for improvement in earlier posts

note : Returns from backtested data for both nifty spot & future varies a lot based on kind of stoploss we input. that shows it would be very difficult to predict the returns in the future
Thanks. Agreed that the results for SPOT and Futures varies a lot. I am also modifying the OTP to take Futures data rather than SPOT data...
 
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Thanks. Agreed that the results for SPOT and Futures varies a lot. I am also modifying the OTP to take Futures data rather than SPOT data...
Raj, I meant returns varies a lot based on various stop loss input.
 

healthraj

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

Raj,

How is your experience from using your own system, is it making money for you ?
i am still paper trading using your system
As I told in many posts, right now for want of time, I am only trading in OTP in NIFTY Futures. I am yet to trade on Bank NIFTY Futures.

And I am happy with the result so far :)

I am trading using the OTP from 29-Jun-12 onwards

Long
4 profit making trades
12 loss making trades

Short
2 profit making trades
2 loss making trades

total 20 trades

After brokerage I have made around 120 points. I started with a capital of 1 lakh. I only trade 200 quantities because I want my risk capital to be less than 2%. On a given day, I will only loose Rs 1400-2000 ...

So profit so far is Rs ~24000.
 
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

It would be good if you can post your paper-trade results to this group, so that people would get an idea on the OTP.
its just 3 days of trading so far, made 40 points

will post the result of all paper trade at end of the month
 

aimer

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

Looks like u are busy , raj...
want to discuss on ur OTP...
Want to trade OTP but I am finding it difficult in getting in the trades...
when free plz let me know so that I can put in my doubts...
thanks
 

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