Create wealth with 5k at 7% growth a MONTH in 7 years

F

ford7k

Banned
#1
#1
Hi friends
CONCEPT GROW IN LONG TERM
NB caution
IF YOU TRADE FNO,MCX,FOREX YOU SEND MONEY OUT OF INDIA TO FIIs.

Everybody aims at gains for short term and misses wealth in long term.
See this concept
EVERY MONTH HAS 22 TRADING DAYS.
FIND COUPLE OF DAYS TO MULTIPLY YOUR CAPITAL
think about it
find ways to implement it

step1)Start with 5000 or 10000 if you can afford it
step2)Grow your capital at 7% a month
step3) BE COOL & CALM FOR 7 YEARS
result
YOUR CAPITAL WILL BE AT 700K OR 1400K AT THE END OF 7 YEARS
(T&C APPLY AS IN ALL SALES)
1.YOU CONTROL RISK LESS THAN 1%
2.YOU TRADE HIGHLY LIQUID INSTRUMENTS

Questions
which instrument? stocks preferably nifty50 components
which stocks? those that fluctuate 7% to 10%

Task
How to find stocks that fluctuate 7% or 10% in a month by afl code exploration
see an afl here that can help you find 5% or 10% rise.
This is simply an initial effort to stimulate ideas in my seniors to take this concept far into future.any errors please excuse!
HTML: 
//5% and 10% rising stocks-rise from LLV22
rise = HHV(H,22) -LLV(L,22);
pctrise = 100*rise/LLV(L,22);
H22 = HHV(H,22);
L22 = LLV(L,22);


Plot(L22,"L22",colorRed,styleThick);
Plot(C,"CLOSE",colorRed,styleCandle);
tenpctrise =L22*1.10;
fivepctrise =L22*1.05;
Plot(tenpctrise,"10PCTRISE",colorBlack,styleDots);
Plot(fivepctrise,"5PCTRISE",colorCustom12,styleDots);
please see chart
Hint is Look at red trendline-GO WITH TREND-exit if trend fails

 
Last edited:
S

sr114

Well-Known Member
#2
#2
ford7k said:
Hi friends
CONCEPT GROW IN LONG TERM

Everybody aims at gains for short term and misses wealth in long term.
See this concept


Grow your capital at 7% a month
BE COOL & CALM FOR 7 YEARS
YOUR CAPITAL WILL BE AT 700K OR 1400K AT THE END OF 7 YEARS


Questions
which instrument? stocks preferably nifty50 components
which stocks? those that fluctuate 7% to 10%

Task
How to find stocks that fluctuate 7% or 10% in a month by afl code exploration
that cud be done thru afl = to find those stocks
Click to expand...
the question is - all u r saying are dependent on the past data. if we find those stocks - how it will be assumed that those stocks will be performing in the same way - in the future?

any answer to that.

rgds
subroto
 
F

ford7k

Banned
#3
#3
Hi Subrotojee

Thanks for your query.
Trading is an imperfect world.
Trading systems calculate & plot lines etc on linear terms while real world mkt behaviour is nonlinear & dynamic-unsteady state.
Traders use dependable patterns as basis to going to future of price.
this is what is technical analysis about.
We assume leading stocks come with a nature of their own barring manipulation.
The range or ATR remaining reasonably consistent to begin with.
For example see L&T,AND ITS MOVES ARE FROM 1300 TO 1600.

Second thing,in the afl I gave the formula picks a low of 22 days and projests 5% and 10% rise as lines on chart.
A trader enters at a good point and uses stoploss to control risk.
we are in the quest to find optimum entry point and project 5% or 7% or 10% from there.once trader sees his objective met he can exit with profit.

Another dependable approach is using trendlines on 4 hour charts to locate low risk entry. it includes future as long as trend doesnt break

regards
 
S

sr114

Well-Known Member
#4
#4
Ford look at the following code

HTML: 
 _SECTION_BEGIN("Background_Setting");
 SetChartBkGradientFill( ParamColor("BgTop", colorBlack),
 ParamColor("BgBottom", colorDarkGrey),ParamColor("TitleBack",colorGrey40)); 
 SetChartBkColor(ParamColor("Outer Panel",colorPaleBlue));
 SetChartOptions(0,chartShowArrows|chartShowDates);
 _SECTION_END();

 _SECTION_BEGIN("Candle color");
 upbar=H > Ref(H,-1) AND L > Ref(L,-1);
 dnbar=H < Ref(H,-1) AND L < Ref(L,-1);
 
 SetBarFillColor(IIf(upbar,ParamColor("Candle UP Color", colorGreen),IIf(dnbar,ParamColor("Candle Down Color", colorRed),colorLightGrey)));
 Plot(C,"Close",IIf(upbar,ParamColor("UP Color", colorDarkGreen),IIf(dnbar,ParamColor("Down Color", colorDarkRed),colorLightGrey)),64,0,0,0,0);
 _SECTION_END();

 _SECTION_BEGIN("Monthly close - subroto");
 CmMon = TimeFrameGetPrice("C", inMonthly,-1,expandFirst);
 LmMon = TimeFrameGetPrice("L", inMonthly,-1,expandFirst); // this is the base point 

 //a= (L-LmMon); // for exploration
 a1= (C-CmMon); // for exploration
 a2= ((C-CmMon)/CmMon)*100; // for exploration

 tenrise =LmMon*1.10;
 fiverise =LmMon*1.05;
 Plot(tenrise,"10PCTRISE",colorOrange,1);
 Plot(fiverise,"5PCTRISE",colorLime,1);
 Plot(CmMon,"Monthly CLose",colorYellow,1);
 Plot(LmMon,"Monthly Low",colorSkyblue,1);

 _SECTION_END();


changed the LLV(l,22) part to the monthly low for the reference point.
exploration can be added here



rgds
subroto
 
Last edited:
F

ford7k

Banned
#5
#5
Hi Subrotojee

Thanks for the improvement in afl code.
regarding exploration,exploration for new monthly low is the thing needed.
I will try it.

I am still thinking about your solid question-
will the price behaviour hold in future? how to be sure of that

Higher timeframe trendline is solution 1
solution 2
Double bottom ,double top patterns can help.
resistance becoming support and new entry taking off from there-can be explored
support becoming resistance and new short taking off from there can be explored.

Actually there are some stocks that move more often(like 7 to 10 times a year) between low and high(high being 7% or 10% rise from low)
The aim is to try and find them. we get there with your help.
time being no more ideas coming.

best regards
ford


quote
All Professional traders read the same chart with same meaning.They see low risk-high reward entry
 
B

Bewinner

Well-Known Member
#7
#7
but ford and sr...
hoe do u identify the lows and for god's sake how do u say that it will not make any low again?

Subroto already raised the question I think...and I am here by attaching a chart for my question...
 
You must log in or register to reply here.
Thread starter Similar threads Forum Replies Date
R How to create a new thread Beginners Guide 4
C Create a Sound Alert if a Horizontal Line is breached AmiBroker 0
M How the Feds creates wealth inequality mathematically General Trading & Investing Chat 0
R Churn creates new wealth creators General Trading & Investing Chat 0
T Do bonus shares create wealth for Indian Investors ?? Fundamental Analysis 7

Similar threads