5-Day Positional System (F&O)

[bigbullinside]

This theory is based on indicators. And I mean completely based on indicators. And charts are not considered to initiate a trade.
It is completely based on price action (numbers, I mean), and even the volumes are not considered.
See for a particular script there are always two opinions at a given time. That is what makes up any market.

 

[rohitsx]

shivangi, can you give me this system afl . i saw u r collection , if this is in it, what is it called?

 

[shivangi77]

shivangi, can you give me this system afl . i saw u r collection , if this is in it, what is it called?

Ya this AFL is not in my collection as its custom made by me!
But don't get fascinated by its performance as I use it for reference only
signals produced must be confirmed by some other means
I use this afl to detect posssible pull ups or pull downs

Else sometimes I put stoploss of high of candle(in case of short)
& I put stoploss of low of candle(in case of long)

 

[shivangi77]

You must also consider market sentiments & Nifty's trend while taking any decisions.
If market is in downward trend then loss will be less in shorting and vice versa.

 

[shivangi77]

I also use to take confirmation from here:

but still I put SL on same candle on which I trade as I cant afford bigger SL as I have capital of Rs.20000 only.

 

[bigbullinside]

Date 27-Dec
Name INDUSINDBK
Entry 419.75
Bias Long
CMP 421.3
High 424
Low 417.3
Lot Size 1000
Returns 1550

Date 28-Dec
Name NMDC
Entry 165.7
Bias Short
CMP 166.8
High 169.4
Low 165.75
Lot Size 2000
Returns -2200

No Triggers for 31-12-12

 

[rkkarnani]

Date 27-Dec
Name INDUSINDBK
Entry 419.75
Bias Long
CMP 421.3
High 424
Low 417.3
Lot Size 1000
Returns 1550

Date 28-Dec
Name NMDC
Entry 165.7
Bias Short
CMP 166.8
High 169.4
Low 165.75
Lot Size 2000
Returns -2200

No Triggers for 31-12-12

Hi BigB, What is your exit strategy? Its time bound or Target bound. Its quiet important as there is no SL .

 

[bigbullinside]

Hi BigB, What is your exit strategy? Its time bound or Target bound. Its quiet important as there is no SL .

Five days hold. So INDUSINDBK will be closed on 3-Jan.

 

[rh6996]

Five days hold. So INDUSINDBK will be closed on 3-Jan.

Hi Big Bull, Why 3rd Jan? The call was on 28th Dec 2012 ...5th trading session would be on 4th and in case you also count the non trading days then 5th day would be on 2nd Jan 2013.
Do we exit at close on 5th day?

When do we exit NMDC position.

Please dont mind my saying this :
You have posted the 'results' of both Indusind and NMDC as if the calls are "closed" !!! I say this because you have shown : Returns : 1550 and -2200 !
If we are still holding the position then we cannot call it returns...
"Returns" would only be after we close the position !!!

 

[bigbullinside]

Hi Big Bull, Why 3rd Jan? The call was on 28th Dec 2012 ...5th trading session would be on 4th and in case you also count the non trading days then 5th day would be on 2nd Jan 2013.
Do we exit at close on 5th day?

When do we exit NMDC position.

Please dont mind my saying this :
You have posted the 'results' of both Indusind and NMDC as if the calls are "closed" !!! I say this because you have shown : Returns : 1550 and -2200 !
If we are still holding the position then we cannot call it returns...
"Returns" would only be after we close the position !!!

The call for INDUSINDBK was triggered on 27-12-12.
We entered the trade (so to speak) on 28-12-12.
Holding period is for 5 days, so 28-31-1-2-3.
So yes we do exit at the end of the day on 3-Jan.
Similarly, NMDC would be on 4-Jan.

And yes the positions are open so the correct word that should be used is "Unrealized Profits" and not "Returns".

It is really good to see so many people following this thread.