Nifty Futures Trading

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uasish

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Re: Time to Stick my Neck Out ,Nifty 7300

hi saint, recently i build up a simple day trading strategy based on some mathemetical calculation, from last 3 weeks i tested this strategy on 11 stocks on diiferent days. out of 11, 6 trades are winner (gain 1-5%/trade) & 5 trades just touched my level, but unabled to breakout/down (no trade). so what do you suggest? should i start trading with these kind of tested performances.
I am intruiging before our teacher answer you.
Atleast now you have a workable thing (though your test sample size is miniscule).Try it in small qtys until you grasp the nuances of this.
Then you can build on that experience.
Mkt will open at 9.55 & close at 3.30for coming many yrs.hence Start-> Build-> Test-> Rebuild-> Retest ,the process goes on.
 

biyasc

Well-Known Member
Re: Time to Stick my Neck Out ,Nifty 7300

I am intruiging before our teacher answer you.
Atleast now you have a workable thing (though your test sample size is miniscule).Try it in small qtys until you grasp the nuances of this.
Then you can build on that experience.
Mkt will open at 9.55 & close at 3.30for coming many yrs.hence Start-> Build-> Test-> Rebuild-> Retest ,the process goes on.
thanks asish,
 
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hari09omkar

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Re: Time to Stick my Neck Out ,Nifty 7300

hari, i have post a message on uasish's "nifty....7300" thread. should you please reply on it?
hi saint, recently i build up a simple day trading
strategy based on some mathemetical calculation, from last 3 weeks i tested this strategy on 11 stocks on diiferent days. out of 11, 6 trades are winner (gain 1-5%/trade) & 5 trades just touched my level, but unabled to breakout/down (no trade). so what do you suggest? should i start trading with these kind of tested performances.
Dear biyas,I can understand that u don't have past intraday data,u r working on the real time data of just the day of trading.
Now in that case,u will be left alone on the principles of statistics,which needs a vast amount of data to reach a decision,like taking a mean or whatever.
My decision on ur question is NO.Don't go for it.U have to opt for the past data and for that a professional software is a must.
I CAN'T STRESS MORE ON THIS PAST INTRADAY HISTORY OF 150 DAYS.
Please go for it or otherwise ur problem of not getting signals for days will remain.
U have to make investments for ur professional life and this is the time.
Take around 16,000/- rupees and buy Amibroker and apply for a data converter,like 'true data india'(don't have experience on their service,so may be wrong about recommending them....no advertising).
Please excuse me if I have talked overenthusiastically.
Regards.
 
Re: Time to Stick my Neck Out ,Nifty 7300

Nice out on all yesterday,Adil....

Saint
 
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