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 -
I understand that, For positional trading first of all you need to take a big risk. Until your positions move to a safe zone, the risk would be high... Normally in the positional trading the Flow method is followed... The reason why I suggested the MTP tool with a higher timeframe... ie SAINT's 30 minute flow or 60 minute flow..
I understand that, For positional trading first of all you need to take a big risk. Until your positions move to a safe zone, the risk would be high... Normally in the positional trading the Flow method is followed... The reason why I suggested the MTP tool with a higher timeframe... ie SAINT's 30 minute flow or 60 minute flow..
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -
Raj
I was away from this thread due to official work. Please let me know latest version link for OTP. Stock screener version is OTP?
Please also provide whether the values downloaded from google or nse in that sheets.
Thanks
Raj
I was away from this thread due to official work. Please let me know latest version link for OTP. Stock screener version is OTP?
Please also provide whether the values downloaded from google or nse in that sheets.
Thanks
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -
You can find link here http://www.traderji.com/advanced-tr...0-trade-nifty-futures-bac-124.html#post732679
You can find link here http://www.traderji.com/advanced-tr...0-trade-nifty-futures-bac-124.html#post732679
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.
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.
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -
Sir
This time i understand your post word to word....i think i have understood charts
by the way thanks
Sir
This time i understand your post word to word....i think i have understood charts
by the way thanks
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.
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.
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