20% ROI per month on captial above 1 Cr possible?
- Thread starter marimuthu13
- Start date
Not much active here now days ..saw this thread when logged in....my views for newbies who jump into ORB..
As happy bro said there are many parts which make one method to work..mm,pos size,scrip selection ,entry /exit criteria etc
ORB method mainly some kind relax method...one must expect very realistic profits from it..not eye for % wise targets which may destruct one in drawdown phases...if one workout abv said parts then from orb method one can make consistent results ....before jumpin to live one shud plan all things in simple terms and test it for at least one year ...if possible do 2-3 years backtest to find drawdown of the method....otherwise in dd phase one can't control /follow method right way....it's my views from some experience in orb
And no method can guarantee in trading...we trade only probabilities...
As happy bro said there are many parts which make one method to work..mm,pos size,scrip selection ,entry /exit criteria etc
ORB method mainly some kind relax method...one must expect very realistic profits from it..not eye for % wise targets which may destruct one in drawdown phases...if one workout abv said parts then from orb method one can make consistent results ....before jumpin to live one shud plan all things in simple terms and test it for at least one year ...if possible do 2-3 years backtest to find drawdown of the method....otherwise in dd phase one can't control /follow method right way....it's my views from some experience in orb
And no method can guarantee in trading...we trade only probabilities...
Hello @marimuthu13 bhai,
i dont know y u still havnt automated ur strategy just automate ur strategy n keep improving it.... money will keep coming
now answering ur question.... i know a person who uses not 1 crore, not 10 crores, but exactly 13 crores everyday in intraday shorting of bnf n nf options, n per day he makes 0.25 to 0.26 %
which after taxes n everything is around 0.13 % per day... n almost 2.5 % per month.... which is any day better than bank fds which give chillara amount of 4-5 % per annum which after taxes is 2 to 2.5 % per annum...
so above 1 crore, i dont think 20 % per month is possible, but a decent return is very much possible... any day better than FDs
good luck
i dont know y u still havnt automated ur strategy
just automate ur strategy n keep improving it.... money will keep coming now answering ur question.... i know a person who uses not 1 crore, not 10 crores, but exactly 13 crores everyday in intraday shorting of bnf n nf options, n per day he makes 0.25 to 0.26 %
which after taxes n everything is around 0.13 % per day... n almost 2.5 % per month.... which is any day better than bank fds which give chillara amount of 4-5 % per annum
which after taxes is 2 to 2.5 % per annum...so above 1 crore, i dont think 20 % per month is possible, but a decent return is very much possible... any day better than FDs
good luck
I have tested it but dont have data for so many stocks to test will be testing again in weekend with different filters...Problem is strategy is same stocks keep on changing and I am more of trading specific stocks.
At present I have tested it on few stock for 10years data and for some it is giving around 50% return with very less trade but for few its not giving good result for e.g Maruti was not good in test...
At present I have tested it on few stock for 10years data and for some it is giving around 50% return with very less trade but for few its not giving good result for e.g Maruti was not good in test...
I am sure availability of IE0D data issue can be resolved,
although the public data available / shared will not be clean and bug free
but as we are also testing it visually / manually, these gaps can be spotted and corrected/ignored
It was concluded that the core magic to this would be the filtering methodology / process
Out of 100 odd scrip from our trading universe, we can work on
how to short list 10 odd expected super performers for the day
and then take the first 5 trades that trigger.
For data I had this old link stored, not sure how clean it is
can check it out during the week-end,
or maybe someone will share something even better
https://drive.google.com/drive/folders/0B8e3dtbFwQWUZ1I5dklCMmE5M2M
.
although the public data available / shared will not be clean and bug free
but as we are also testing it visually / manually, these gaps can be spotted and corrected/ignored
It was concluded that the core magic to this would be the filtering methodology / process
Out of 100 odd scrip from our trading universe, we can work on
how to short list 10 odd expected super performers for the day
and then take the first 5 trades that trigger.
For data I had this old link stored, not sure how clean it is
can check it out during the week-end,
or maybe someone will share something even better
https://drive.google.com/drive/folders/0B8e3dtbFwQWUZ1I5dklCMmE5M2M
.
Yeah send me a pm. we can discuss some scenarios and share the scenarios for testing. Couldnt send you a message. As checkmate said I also got some edge. There is an edge in one of the scenarios I tested but not really big. 20% per month is out of question. I havent been able to give a lot of time as well.
Similar threads
-
-
Small & midcaps could see over 20% contraction
- Started by Jogindar singh
- Replies: 0
-
Algo Trading Course using Amibroker- 20% off- Started by trader21
- Replies: 22
-
Modified Strategy to earn 15%-20% a month (Strategy inspired by Linkon7's strategy)- Started by TraderJunkie
- Replies: 63
-