50000 TO 20 LACS IN 0NE YEAR
MECHANICAL TRADING SYSTEM.
Initial Capital Rs. 50000/-
All cash scrips traded in NSE ( Mkt price > 100 )
Margin Trading - Yes .. 50% margin trading
Entry : Buy signal generated .. Next day employ entire capital @ Buy Stop
Exit : Stop Loss .. 1.5% below Buy Stop
Target -- 10% above buy stop
Maximum holding period per trade - 14 bars
Trailing Stop Loss - Chandelier exit plan
New trade : On next buy signal . employ entire capital+profit/loss from previous trade
same entry & exit strategy
and so on & on
Only longs. No shorts..
Result: 50000 deployed on 1 Jan 2007 becomes 20 lacs as on 22 Jan 2008
IS IT POSSIBLE TO EXECUTE ABOVE STRATEGY.........IN REAL TERM
What are the possible bottlenecks??
Regards
Ajax
MECHANICAL TRADING SYSTEM.
Initial Capital Rs. 50000/-
All cash scrips traded in NSE ( Mkt price > 100 )
Margin Trading - Yes .. 50% margin trading
Entry : Buy signal generated .. Next day employ entire capital @ Buy Stop
Exit : Stop Loss .. 1.5% below Buy Stop
Target -- 10% above buy stop
Maximum holding period per trade - 14 bars
Trailing Stop Loss - Chandelier exit plan
New trade : On next buy signal . employ entire capital+profit/loss from previous trade
same entry & exit strategy
and so on & on
Only longs. No shorts..
Result: 50000 deployed on 1 Jan 2007 becomes 20 lacs as on 22 Jan 2008
IS IT POSSIBLE TO EXECUTE ABOVE STRATEGY.........IN REAL TERM
What are the possible bottlenecks??
Regards
Ajax
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