NIFTY Futures Mechanical Trading

[latharavi]

can you pl guide me in doing this mechanical trading my mail id is latha_vardhan@**********

 

[nadodav]

As some of the earlier messages say, present your stop loss about 6 points above or below the points mentioned, to avoid any stress. This way you can produce a stop loss order in the beginning of the day and do your other work (only be sure to enter another stop loss when this order goes through)

I have uploaded the results if you did this on each side (buy 6 points higher, and sell 6 points lower) and uploaded the results in an online spreadsheet:

http://tinyurl.com/6ao4cc

The result is a profit of 1110 points which is still good. But it's about 30% lesser - you may actually have lower results due to brokerage and taxes. Still, 1100 points is equivalent to a 55,000 Rs. return per lot, in about six months, for a margin amount of about 50,000 to 1 lakh (i would suggest 1 lakh) It was one big volatile period that helped of course. Also the two periods when trade was not taken would have been profitable if the system was continued.

Btw, Vinod: Your entry of 2/4/08 was wrong, it shows a loss in your sheet when it is actually a profit. I have corrected it.

Hi ucalegon,

Thanks for the good work & pointing out error for 2/4/98. i will check and will modify Nifty fut.xls accordingly.

thanks again. keep it up

Vinod

 

[nadodav]

Hello Friends,

Upon looking at this fantastic thread by vinodji, I did some 're-discovering' and found that one could achieve about 30-40% better results than what we are seeing now (even this is very good !!). I would like to send my results to vinodji first , after a few days as my files are not available with me for a few days (till 11th june). Hope that my contribution will results in better profits.

regards,
vin

Hi vin,

sure you can share.

Vinod

 

[nadodav]

Hi I am new to this thread and I wanted to know about Roll Over, During rollover will my position gets rolled over to next month or is it squared off at the end of the day. Plz help me out

futures positions will not get rolled over to next month automatically. you have to squared-off current month contract on or before expiry day & have to initiate new position in next month contract.

Happy Trading

Vinod

 

[nadodav]

NIFTY FUTURE For June 3,

Current position : SHORT (at 4865 on 29/05/2008)

Nifty Fut Closed at : 4722.30

Profit/Loss in current trade : +142.70 (as per last closing price)
Net Profit/Loss since thread started : +1622.70 (1480.00+142.70)

Support : 4698
Resistance : 4835

Hold SHORT position with SL 4835. If trades above 4835, exit SHORT & go LONG with SL 4698.

Happy Trading.

Vinod

 

[jace48]

Hi vin,

sure you can share.

Vinod

Offtopic saar but can you share your system as well

 

[udaykali]

sir nifty fut closed on 2/6/08 is 4696 & not 4722 as u mention which is coorrect

 

[nadodav]

sir nifty fut closed on 2/6/08 is 4696 & not 4722 as u mention which is coorrect

4696 may be the last traded price. 4722 is daily settelement price.

Vinod

 

[nadodav]

NIFTY FUTURE For June 4,

Current position : SHORT (at 4865 on 29/05/2008)

Nifty Fut Closed at : 4707.10

Profit/Loss in current trade : +157.90 (as per last closing price)
Net Profit/Loss since thread started : +1637.90 (1480.00+157.90)

Support : 4672
Resistance : 4767

Hold SHORT position with SL 4767. If trades above 4767, exit SHORT & go LONG with SL 4672.

Happy Trading.

Vinod

 

[coolbuddyin]

NIFTY FUTURE For June 4,

Current position : SHORT (at 4865 on 29/05/2008)

Nifty Fut Closed at : 4707.10

Profit/Loss in current trade : +157.90 (as per last closing price)
Net Profit/Loss since thread started : +1637.90 (1480.00+157.90)

Support : 4672
Resistance : 4767

Hold SHORT position with SL 4767. If trades above 4767, exit SHORT & go LONG with SL 4672.

Happy Trading.

Vinod

hi thanks for your great work
i have a doubt,if nifty trade will below suppoet levels given by you on a particular day and one want to initiate fresh position..which way he should approach
as the case of today 3/06/08 u said support of 4698 ..it traded well below 4680 till 1pm ..what is best way to approach this kind of situation..either to go short or long
please help
sorry if asked a dumb thing