I sat the thread, yesterday, and the language he uses, the exitement, makes me remember my previous 37000 systems that I created and discarded after 2 months.
He mentions entering at close of bar. Also, a 37o point drawdown is too high for comfort, that too without bkg and slippage.
Bank Nifty is a beast, and a wild one at that. I have spoken to a big trader whom even you know, personally about this and he says, its practically impossible to trade a 1000 quantity on BNF without 15 points slippage.
There goes the system according to me.