My System - My trades.

[wisp]

And this is an exercise for all. Find me any 6months period where the positional i had described yesterday has not made money. Any 6 month period in history.

Let me try it the other way around. Let me see how many points it made in the last six months on my BNF chart

 

[varunkochhar]

ok

 

[varunkochhar]

If you find the worst 6months period in history. Also find the best 6months and compare the results. The point i want to make is that when you lose, you lose small but when you profit you make many times more. And take all trades and adds in both short and long as per the method described. It is so easy to criticize. I have not spent my life watching youtube channels to learn somebody else's method. I have read charts and chartered my own course and am proud of it. I am my own Howard Roarke.

 

[varunkochhar]

Wisp ji i you try it on the last 6 months my detractors would say it was a bull market.

 

[varunkochhar]

Let me tell you about the trades in July itself. We got 2 trades as per hourly. Initial at 23275 and add at 23575. We are up 3300 points at 24975 till now.

 

[varunkochhar]

There were no fresh signals in weekly and daily so not taking that into account.

 

[varunkochhar]

In 15min. The initial trade was at 23340. with adds at 23510/23600/23840/24060/24180/24870/25180. All the adds were exited at 25100. And the initial position was exited on 24860. (adds 1600+1500+1250+1050+900+200-100= 6200). The initial position yielded 1500 points. So 7700 points as per 15min.

 

[varunkochhar]

Similarly we would have made around 10000 points as per 5min charts where after the initial trade, we got 6 adds whose sl was hit then again we got 4 adds whose sl was hit before finally exitting on going below 200EMA. So about 20000 points from these 3 positions. Mind you i have not calculated the 500 odd points which one would have got on reverse signals from wednesday.

 

[varunkochhar]

Now 20000 points is like 8lacs. Even if we were to sacrifice say 20% of our profits on rolling over and converting to higher strike prices we would have still made about 6.5 lacs. Now seriously, how many of you make that much in a month on an investment of say Rs.50000.

 

[varunkochhar]

And once you have made this much then no matter what happens, you are not going to lose this much in your LIFETIME trading this method. No if and no but.