Minifty

[vijayinvitesk]

Re: Minifty Trading

Distribution is totally skewed. The trades where you see yourself making 100 to 400 points, most will be cut off when trading in real time around 30 to 50 points. Also, the loss per trade, is all over the place from 1 point to 70 points. If you remove 2 or 3 big winners, the avg profit will be less than the avg loss.

I am justa small time trader, so take my comments accordingly. I dont know anything about backtesting.

Do you know the principle of people make 80% of the profits in 20% of the trades. These are called big winners. its not the % wins matters, its the big winners matter. You may get 400 points in one single trade and lose 20 points in 5 trades. This is how trading will be. And yeah why will i get only 40-50 points in the 400 points trade? i tested this manually, i know where to keep the SL, i have even considered first half an hour of the morning session, even that dint hit the SL for the 400+ trade. I haven been in trading for quite a while, i have taken care of such small things...

Anyway lets see real time, how much i ll make in the next coming months.

 

[vijayinvitesk]

Re: Minifty Trading

SL change. STOP and reverse 5352.

Wow, u saw that. SL is at 5352 and the market came down till 5354 and went back. Thats the strength of the SL.

Profit 22 points for today. Carrying forward the long position for tomorrow. Hoping it will go up.

Tomorrows SL is at the same place. 5352.

 

[vijayinvitesk]

Re: Minifty Trading

Continuing the long trade initiated yesterday at 5375.

SL now is at below 5404. STOP and Reverse

 

[vijayinvitesk]

Re: Minifty Trading

100 points up from our yesterdays buy at 5375.

less risky traders can exit. I am not exiting.

 

[vijayinvitesk]

100+ points up from our yesterdays buy at 5375. Less riskty traders can exit.

 

[marimuthu13]

Re: Minifty Trading

100 points up from our yesterdays buy at 5375.

less risky traders can exit. I am not exiting.

amazing ..keep going..

 

[vijayinvitesk]

Re: Minifty Trading

Thanks. At the close of today 96 points profit from the buy point. I havent exited today. Still hoping market will go up. For monday, i will provide the SL later.

 

[chandrujimrc]

What is the strategy brother?


chandru.

 

[vijayinvitesk]

STOP and Reverse(short) below 5439.65. SL will be provided later.

 

[vijayinvitesk]

Re: Minifty Trading

STOP and Reverse(short) below 5439.65. SL will be provided later.