Pride's Intra-Day Strategy [Profit Everyday]

[power1955]

hello am new member , good afternoon to all

 

[lolbin7]

hello guys, has anyone tried this strategy on other index futures? I have been paper trading this on HangSeng and KOSPI futures. It doesn't seem to work out too well.. The problem i have with the EMA crossover is that, when the EMA crosses over, often it's too late and we'll will be entering at the high/low of the trend.

 

[areebs]

As many of the members have been following this system day to day basis either by trading or testing , I would just like to request to them of just asking them to give an average of the points earned in Nifty intraday trades on a monthyl basis(month end) by following this system.
This would help us understand the profit potential.I am not asking for the reports , just an average number of points.
And also if someone could report how did this system perform in a very choppy month of March 2010.How many points were earned in this month.

Thanks.

I have tried testing this system for March and April 2010 , but it doesnot seem to be working that well. Many calls are exited at cost or just below cost.

 

[lolbin7]

I have tried testing this system for March and April 2010 , but it doesnot seem to be working that well. Many calls are exited at cost or just below cost.

areebs do you want to trade this together? i'll post my entry/exit everyday, and report profit and loss.

 

[areebs]

areebs do you want to trade this together? i'll post my entry/exit everyday, and report profit and loss.

Yes sure .

Like today buy call at 5345.

 

[msrajendran]

hello am new member , good afternoon to all

 

[lolbin7]

hello

Yes sure .

Like today buy call at 5345.

Yes entry 11:10 at 5345. Square off 11:30 at 5353?

I am getting the quotes through google finance (http://www.google.com/finance?q=NSE:.NSEI) so i might not have the exact entry and exits.

 

[lolbin7]

entry 5349 @12:10
exit 5355 @12:35 ?

 

[areebs]

3 trades for today as of now :



1.Buy 5345 Exit 5353 = +8

2.Buy 5351 Exit 5355 = +4

3.Sell 5339 - Trade still active.

 

[lolbin7]

3 trades for today as of now :



1.Buy 5345 Exit 5353 = +8

2.Buy 5351 Exit 5355 = +4

3.Sell 5339 - Trade still active.

You are right. For 2nd trade, stochastics reversed at 5355. But if we traded 2 lots, we could ride the trend with the 2nd lot because price didn't go lower.

For 3rd trade. EMA didn't crossover on google chart.

May i know, what is the common brokerage fee for 1 lot transaction (buy + sell) ?