Earn 15 lacs in 21 months with 1 lot of Minifty??

[sudoku1]

Dear Raj,

The target of 300 NIfty points per month is achievable if one follows day trading ( with no overnight LOng/Short positions ) with strict stoploss. By carrying no Long/Short positions one certainly losses out ,but he can lot of peace. Sometimes Nifty gains /losses just 5 or 10 points but if you see on intraday basis this may be 50 points.

more short term......more entry exits.....more whipsaws......more emotions of greed & fear.....more time & concentration required , LESS PROFITS & LOSSES....

MORE med 2 long term......less entry & exits.....less whipsaws......less emotions of greed & fear.....less time & concentration required , MORE PROFITS & LOSSES......

CHOICE IS UR's............

 

[SavantGarde]

Keep Fear At Bay & Greed In Control Or Another Way Of Looking - One Need Not Fear If Greed Is Under Control

SavantGarde

 

[sudoku1]

Keep Fear At Bay & Greed In Control

SavantGarde

greed is the graveyard of the mkt while fear is the hell....

 

[ashes]

If this target can be achieved than it can be possible with Vinod's Mechnical System only or similar to that system. (But Some Modification required in Vinos's system)

I am saying becuase nifty is so volatile ki if you try to trdae with small stop losses , It will trigger in 6 out of 10 Positions, So you have to Keep stop loss big enough as vinod keeps.

Only modification requires in Vinod systems to make your target achievable it to keep targets also with stop loss.

Man you are thinking for 21 months trade then you must have fix set of mind in starting only since market situations will change N numbers of time in these 21 months ans so in these condition with a simple human mind this target is unachivable.

So my kind suggestion is you better follow Vinod's System but with some changes and you don't have to wait till that vinod makes changes in that system but you can make that changes in your Trading

 

[Cactus]

Keep Fear At Bay & Greed In Control Or Another Way Of Looking - One Need Not Fear If Greed Is Under Control

greed is the graveyard of the mkt while fear is the hell....

F*** fear.......enjoy bear.......
Can u look here.........

Why not one-two contract long/short........for current/far months.......2:1 or 1 : 2

perfact headge with minimum loss..........

 

[robin_malihan]

Hello Seniors:

Consider this scenario. We start trading with 1 lot in Minifty Fut (investment/deposit of 24,000). We get a monthly gain of 300 points (i.e. 300 x 20 = 6000 in profit). We do this for 3 more months. In the 5th month (6000 x 4 = 24000), we trade with 2 lots, etc. Please see the excel sheet attached.

Extending the above, in 21 months, we will have a profit of 15 lacs + your investment of 24,000.

As you would have rightly guessed from the above ambition, I am a newbie.

Now, how far this is possible? How easy or difficult is it to maintain +300 points monthly. Is it a reasonable target to achieve and achieve every month? I plan to trade with a 20 point stop loss, is it a good idea?

What would be your advice to me?

Will try to achive atleast this for sure.

I think if someone know why he or she is going for a trade then this tgt can easilly be achived.

Robin

 

[gkpc]

Keep Fear At Bay & Greed In Control Or Another Way Of Looking - One Need Not Fear If Greed Is Under Control

SavantGarde

Sir, Beautifully said!!!!
BUT
How about being greedy when your position is running in profit. (Do not fear and exit early.)
Gautam

 

[gkpc]

Will try to achive atleast this for sure.

I think if someone know why he or she is going for a trade then this tgt can easilly be achived.

Robin

Hello, Sir, any method or process that one can follow to achieve about 15 / 20 points a day in Nifty????

 

[columbus]

more short term......more entry exits.....more whipsaws......more emotions of greed & fear.....more time & concentration required , LESS PROFITS & LOSSES....
CHOICE IS UR's............

If you look at last 10 days data of NIFTY futures ,it ended flatly on 5 occasions and gained on 5 occasions.If you further look at intra day data on those days it ended flatly ,Nifty futures might have showed some good movements.Expecting good gains without PAINS is meaningless.

 

[rajakrsnan]

more short term......more entry exits.....more whipsaws......more emotions of greed & fear.....more time & concentration required , LESS PROFITS & LOSSES....

MORE med 2 long term......less entry & exits.....less whipsaws......less emotions of greed & fear.....less time & concentration required , MORE PROFITS & LOSSES......

CHOICE IS UR's............

The REALITY is that on an average so far we had been doing this consistently for the last 6 months on an average of around 300 points. that itself is the proof. may be others are unlucky, incopetent or impatient or do not like to go with the flow of the market. when one has to exit a positon, be emotionless then. Holding it against the trend and staying emotionless against the trend is stupidity. offlate medium term we have not been moving anywhere. when opportunity is provided, take it. this is where one has to remain emotionless. fear when others are greedy and be greedy when others are fearful.
as i mentioned in my first post, we are following an advisor's reccommendations and have been fairly successful in making those 250-300 points on an average. that does not mean we did not incur losses. we had. many times taking those losses were quite worthwhile as taking profits when it came to us.