And if someone applies good money management to it, the profit will be more. What I found out with this vanila SAR on OBV system, max drawdown is 21%.
Now consider this:
We statrted with 3 lakh 80 QTY of BNF (I am saying QTy, as exchange changes lot sizes at times).
You follow this system blindly after some win and loss (as per the excel I posted in my ealrier post), you will hit 6 lakh portfolio size (Cum profit 5 lakh + 1 lakh is your starting capital).
Once there, you double your position size to 160, and you will hold this position size, unless market pushes you back to portfolio size of 3 lakhs again (unlikely, but someone can play with the excel). If happens, you scale down the size to 80 QTY again.
So essentially, for every 3 lakh increase in your portfolio size you are adding 80 qty and holding that size, regardless of win-loss, unless market forces you to reduce it as per above logic.
I am sure, we will be hitting 30 Lakh + as ending captial with just 21% winrate of this system. Proof and money management tricks in front of you. All you need the balls to hold on to this system when you hit 23 back to back losses (or approx to that number) if drawdowns come.
Any trading systems (almost all over the internet) will make you profitable, if you have good money management, patience and rigor to hold on to your trades.
To me this is great return.