Mastering the crude

[Smart_trade]

How would you rate an Intraday system for trading Crude that gave a Net Profit of ~ 2120 points from Jan to March 2014 ! Slippage not accounted for !

In 63 trading sessions here were 273 trades.

Chart used was 15 minutes intraday with Supertrend and Power Pivots !

There were 123 loosing trades giving a loss of 1069 points and Positive trades numbered 150 with a gain of 3735 points.

Max loss at a stretch was 70 points in 9 consecutive trades all happening on 7th Jan 2014 !

Good system if the data sample has trends and sideways both periods in it. Taking 9 consecutive losses is a bit tough on mind though.

Smart_trade

 

[bschandran]

Hi Jetking,

Nice system... so did you start to trade live with this system?

how many points should one try to achieve in a single trade on an average before partly or fully closing it?

 

[Gaint]

Crude oil move now a days looks predicted one.

 

[Gaint]

Buy triggered at 5755 target achieved 5801

 

[mr12323]

Is this the babajitrading system frolm coimbatore

 

[sibu3168]

I think so.