Hello everyone and welcome to Angel trading friend .
This is a strategy to trade Bank nifty futures and suitable for working professionals
Trading Startegy
Keep alarm at 9.14am and log into trading terminal.
the buy target is yesterdays high and your sell target is yesterday low
keep a stop loss of 100 points once target is triggered and keep target of 100 points to take profit
I have back tested this stratergy from 2010 had it has been working very well.Details available with me,you can do it yourself in excell or you can download from below link if you need the excel file backtested by me.
whatsapp me on 8095876525 for the backtested data
whatsapp me on 8095876525 for the backtested data
Money Management
Trade with 1 lot nifty for 75000 Rs intial investment
Increase the lot with increase of 75000 Rs
i.e 75000 = 1 lot
150000 = 2 lot
225000 = 3 lot and so on
Results
The results have been very good
2016 had a return of 550%.
2015 had a return of 600% and so on
Considering the slippage, brokerage charges etc we can easily get 400% return every year which is very high compared to any FD,stocks etc
Trading Psycology
Trading discipline is very very important and one need to carry out the trade daily even if there is continuous loss for 5 days.you can be assured that one day or the other you will have positive trades also the average of which will be in positive.As you all know trading is an art and you have to be very disciplined to master it.Take both loss and profit with same attitude and be very disciplined with your placing daily orders.
Hi Prince, Your strategy is good but need below clarifications
ReplyDelete1) Strategy should be verified with chart because some times after order get executed BN first goes 100 points down & then reach the target, in this case we have loos of 100 pts but excel shows profit.
2) Need clarification in case BN opens above or below yesterdays high/low in such cases what you do?
Hai Prince ,
ReplyDeletei have understood as below
at 9.15 we have to place to two Stop loss orders
1) Place a stop loss buy order at Yesterdays high
2) Place a stoploss sell order at Yesterdays low
once any one order is executed place a SL order at 100 points and Target order at 100 points.
if none of the orders executed it gets auto closed at 3.15 pm