hi guys...
hope you had a good day...don't have access to charts/market data right now, but just went through the last couple of pages of this thread...
looks like today was another day full of whipsaws...we might be able to pull out by next week...
regardson, I am very sorry that you had to book losses on the first day you decided to trade live.
When I use this strategy with nifty futures, I feel confident and follow all signals without ever fearing because I know that the backtest results and the long term performance of this strategy is favourable. Cash segment is uncharted territory for this strategy and as we do not have proper test data, even I would not be comfortable initiating/closing trades. So I think you too should stick to nifty/mini for the time being.
Thanks Ankit, you are doing a great job here and I am sure many people are benefiting from your presence on this thread. I am sure that in the coming few days, the rules will be crystal clear in everyone's mind.
I hope these kind of days will end soon and we will once again return to the profitable times