Comfortable profits from trading Nifty.

[gmt900]

There are excel files created by members to track 315 crossover.
I think you have to manually feed EOD price everyday.
Check following links for files.

http://www.traderji.com/technical-a...gy-how-use-if-effectively-551.html#post700105

http://www.traderji.com/technical-a...gy-how-use-if-effectively-556.html#post711617

Thank you sgr,
I have been using nifty spot data since I am using TAME of nse. The excel sheets in the link sent by you are for NF.
regards,
gmt900

 

[jamit_05]

Gmt,

Trading requires a lot of learning by experience. No amount of reading or back-testg can substitute. Hence, one thing a trader must have in the first few years is frequency of trades. Without this practice, it is almost a guarantee that, 315 will fail you or the other way.

Therefore, I suggest you start taking trades on another method. In the mean time you can learn Amibroker, study 315, understand the important concepts. If you follow right steps you can even earn while you learn...

Regards.

 

[gmt900]

Gmt,

Trading requires a lot of learning by experience. No amount of reading or back-testg can substitute. Hence, one thing a trader must have in the first few years is frequency of trades. Without this practice, it is almost a guarantee that, 315 will fail you or the other way.

Therefore, I suggest you start taking trades on another method. In the mean time you can learn Amibroker, study 315, understand the important concepts. If you follow right steps you can even earn while you learn...

Regards.

I have requested gurmy to post summary of his strategy for trading nifty .
He has agreed to it for the benifit of people like me. It's nice to meet such young friends on TJ who are willing to help others.
regards

 

[PartTime_Trader]

A thread that promotes comfortable, stress-free and profitable trading.

Hello

I think to move forward this thread should take-up a (any sample) trading system/method.

Without this context of a trading system/method it feels like working in vacuum.

Cheers

 

[jamit_05]

gmt900,

It seems you have started gurmy's method. Good thinking. In two months time you will get the real sense of trading.

Consider closing down all other positions.

 

[gmt900]

gmt900,

It seems you have started gurmy's method. Good thinking. In two months time you will get the real sense of trading.

Consider closing down all other positions.

Thanks-------

 

[Smart_trade]

Nifty Future's short term trend is down and we have to look for every opportunity to go short till the trend reverses to up.

Smart_trade

 

[jamit_05]

Short Straddle:
March 61CE @ 120
March 61PE @ 115

Wings:
Long Strangle:
Feb 63CE @ 5
Feb 59PE @ 15

Net Credit: 215.

Surely, price will travel to the wings before march expiry.

Case1: If it goes slow, time-decay will act as buffer and the next "shift" will be profitable.
Case2: if it goes fast, then feb wings will expire in the money and probably leave a little profit.

Any other Cases probably won't be as pleasant. Learning begins.

 

[jamit_05]

Short Straddle:
March 61CE @ 120
March 61PE @ 115

Wings:
Long Strangle:
Feb 63CE @ 5
Feb 59PE @ 15

Net Credit: 215.

Update:

27-Mar-14 6100 90.45
27-Mar-14 6100 128.05
26-Feb-14 6300 -3.3
26-Feb-14 5900 -7.55

Net Credit: 207;

Looks like the trend may change to UP in this week. In that, we would hv strong motivation to adjust some delta on the CE side. The first thrust is usually the strong, this will stiffly test the strength of the spread. May have to add some margin money till price comes back to daily ema 15 which rests at 6100 levels.

 

[jamit_05]

Position 2 Bull Put Calendar Spread:

Sold June 60 @ 274
Bought March 58 @ 21

Net Credit: 250;

Expectation: Market goes sideways or up for an expiry or two. Else, will have to sell Bear Call Calendar Spread to make up.