Swing Delivery Trading

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hi,
just came to this site for first time. After loosing lot,i decieded to get out from emotional stuff and make a system based on swing trading. being s/w professional,hardly find time to get/analyse lot of company data. So thought of picking just one and picked Unitech because of high turnover.
I did paper trading for last 1 year and seems like making 1 to 20 , better 10 is possible in 1 year. This year rubber has hit the road and trying with real money..I will share my data time to time...attached is the summary of trade.

I also started with 1 lakh(column E in attachment) with 1 lot(4000) of unitec.
D2(in green) shows total value as of today, if played with 1 lot only..

Cloumn E is current value of 1L ..Then Column F, is lot size...i.e. increase lot size by 1 as you make 1 lakh more..
This resulted in alomost 20 L in 1.5 years..

Keep dreaming, making 20 out of one lakh is very much possible.
Just 2 thing..
-- Have a system
-- Strict decipline to follow that system


One more thing, there is no perfect system.
Even my system worked only for 40-45%...55-60% i had losses.
System need to be smart to kick you out immediately if you are at wrong side and make you ride when you are at rigt side

Bye
Rajesh (xxxxxxxxxxxxxx)
 
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rajputz

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Looks like this political instability will screw the longs Opened. Will have to go for Holding to avoid gapdown stoploss hit and further positions later. 5600 acted a strong resistance and nifty failed to close above it on hourly charts. I missed to read it and paid for it by going into holding now. Will add more once nifty close above 5600. Waiting. Posting the chart of Nifty eod: -

 
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