i ve found a simplest system which turned 1 Lac into 22 lac in 1 yr 2 mths 6 days.
all we have to do is to
step 1 : buy nifty just before close when it is above 8dema, OR
sell nifty just before close when it is below 8dema,
step 2 : keep a stop at 35 points from entry at open,
step 3 : if gaps more than 35 points opposite of our position book loss immediately at open,
step 4 : put a profit booking limit order at 200 points from entry,
step 5 : reverse( book profit or loss in old position and make new entry ) if at eod price is opposite of 8dema vis a vis our position
start from step 1 on the same day eod when booked at sl or profit.
CAN TRADING/LIFE BE ANY SIMPLER !!!!
( i've not yet traded on this system myself, this is backtested result in ami from 1/4/11 to 6/7/12.
i was on a rigorous search for a magical system,
by God's grace,
i reached at this magical cocktail of 8dema, 35 points sl, 200 points profit booking,
i've tried almost infinite number of combinations of emas, sl and profit booking points, but this one is the best.
i've backtested this in amibroker,
with starting capital 1 lac,
margin required 10%,
min position 20 shares,
round lot 20 shares,
in stop tab in backtester settings - max loss stop - points 35, and select - exit intraday at stop,in profit target - points 200, and select - exit intraday at stop.
i've not provided for brokerage or commissions,taxes,
so this profit is excluding above.
this much of profit is because all profits r used-back to buy more positions.
if profits r not used to buy more positions this sysyem gives almost 50% during the same period.
i'm posting the backtesting result and backtesting afl.
all this info is for educational purposes and not a recommendation to buy or sell stocks or futures, all losses incurred due to above is solely your own responsibility.)
all comments r welcome !!
all we have to do is to
step 1 : buy nifty just before close when it is above 8dema, OR
sell nifty just before close when it is below 8dema,
step 2 : keep a stop at 35 points from entry at open,
step 3 : if gaps more than 35 points opposite of our position book loss immediately at open,
step 4 : put a profit booking limit order at 200 points from entry,
step 5 : reverse( book profit or loss in old position and make new entry ) if at eod price is opposite of 8dema vis a vis our position
start from step 1 on the same day eod when booked at sl or profit.
CAN TRADING/LIFE BE ANY SIMPLER !!!!
( i've not yet traded on this system myself, this is backtested result in ami from 1/4/11 to 6/7/12.
i was on a rigorous search for a magical system,
by God's grace,
i reached at this magical cocktail of 8dema, 35 points sl, 200 points profit booking,
i've tried almost infinite number of combinations of emas, sl and profit booking points, but this one is the best.
i've backtested this in amibroker,
with starting capital 1 lac,
margin required 10%,
min position 20 shares,
round lot 20 shares,
in stop tab in backtester settings - max loss stop - points 35, and select - exit intraday at stop,in profit target - points 200, and select - exit intraday at stop.
i've not provided for brokerage or commissions,taxes,
so this profit is excluding above.
this much of profit is because all profits r used-back to buy more positions.
if profits r not used to buy more positions this sysyem gives almost 50% during the same period.
i'm posting the backtesting result and backtesting afl.
all this info is for educational purposes and not a recommendation to buy or sell stocks or futures, all losses incurred due to above is solely your own responsibility.)
all comments r welcome !!
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