It can perform for a series of days if the trader enters according to the system but exits at a pre-defined level,like 10 points in each trade AND STOP TRADING for the day.
But one day will come when all the winning days will go to the drain with two losing days.
Sir,
You have a lot of respect and knowledge abt day trading... maybe you are one daytrader too(I apologise for not being aware abt your trading method)
Sir, is it not possible to daytrade without a system? I mean no mechanical system as such! And according to your expereince how many Nifty points can be made(just an average, I understand it depends on trader to trader, but then also just an average)...
No mechanical system does'nt mean, just jump in trade with a hunch... but ofcourse some kind of rules to enter and more importantly exit....
Regards