Trading Nifty Future

[Subhadip]

Hello,

Updates for 3 & 4 Aug: Holding Long position which is initiated at 5415.

Happy Trading...

nifty closes at 5467 today..
so ur in profit of 52 nifty points..
great going sir

 

[Subhadip]

on 5th august nifty is in 5478 now..at 11.22 am..
so ur in 63 point profit..
..

im learning from u sir..following u
great strategy

 

[Subhadip]

please post when u go short sir..

 

[nifty]

Hello,

Updates 5 Aug: Holding Long position which is initiated at 5415.

Happy Trading...

 

[nifty]

please post when u go short sir..

Hello,

Yes sure, I will post if I exit or short.

Happy Trading...

 

[Subhadip]

on 5th aug it is 5447..at the end..
good going sir..

 

[nifty]

can u give some intraday strategies

Hello,

Intraday trading strategy: I did intraday trading in 2007 for around 4 months but as result wasn't satisfactory, I left it. Also backtesting of intraday trading was headach.

Strategy are working very well for stock like reliance those day. It was like this.

Every I day do check prise of stock at 10:00 A.M (In 2007 market opening time was 9:55). On the basis of the prise at 10.00 P.M (difference between prise at 10:00 A.M and previous day's close). I was deciding to initiate long or short within 3-4 secs and 20% (1 out 5 ) times there was no position. Once I initiated long/short target was 1.3% and stoploss was 0.65% if none of them hit then I used to close the position exactly at 3 P.M.

I earned around 7.7% profit in 4 months. Exposure was around 3 times of margin money I had with broker. Backtesting for year 2007 gaves me profit of 27%.

Happy Trading....

 

[nifty]

Hello,

Updates 6 Aug: Holding Long position which is initiated at 5415.

Happy Trading...

 

[nifty]

Hello,

Updates 9 Aug: Still holding Long initiated at 5415.

Happy Trading...

 

[Subhadip]

hmm..
but now nifty at 5449..
lets se what happens/..