Nifty / Banknifty Using Super Trend

If we use supertrend indicators and for each loosing trade we can increase 1 lot till we come to winning trade. Suppose we trade 1 lost 30 points with one lot. start another with 2 lots. again lost then start new trade with 3 lots. this way when we get right trend we will be in good profits. After profitable trade again start with one lot and so. Definitely we require large trading capital but as it is said paisa paise ko khinchta hai. In last we will be in profits always. Awaiting your opinion.
 

suri112000

Well-Known Member
If we use supertrend indicators and for each loosing trade we can increase 1 lot till we come to winning trade. Suppose we trade 1 lost 30 points with one lot. start another with 2 lots. again lost then start new trade with 3 lots. this way when we get right trend we will be in good profits. After profitable trade again start with one lot and so. Definitely we require large trading capital but as it is said paisa paise ko khinchta hai. In last we will be in profits always. Awaiting your opinion.
Mentally it is draining because we exactly donot know..........how many times we have to increase lot size. Randomly I have checked on Nifty futures.....it took 5 times lot increase to strike a profitable trade. The profit on last trade is meager which could not offset earlier losses. Next round of loosing streak started just after 2 small profitable trades and it run for again 5 trades. If nifty gets struck in a range bound for a longer period than usual, we will be in soup. I hope.....we should be capitalized for atleast 15 rounds to mentally withstand the pressure but that drastically reduces the return on capital employed :)
 
Mentally it is draining because we exactly do not know..........how many times we have to increase lot size. Randomly I have checked on Nifty futures.....it took 5 times lot increase to strike a profitable trade. The profit on last trade is meager which could not offset earlier losses. Next round of loosing streak started just after 2 small profitable trades and it run for again 5 trades. If nifty gets struck in a range bound for a longer period than usual, we will be in soup. I hope.....we should be capitalized for atleast 15 rounds to mentally withstand the pressure but that drastically reduces the return on capital employed :)
What happens if you double up only after 3 losers in a row or maybe say a 5 :D

No matter what some sort of martingale scheme will always be attractive to traders, we all carry this should Never Lose mindset


Thanks
:thumb:
 
If we use supertrend indicators and for each loosing trade we can increase 1 lot till we come to winning trade. Suppose we trade 1 lost 30 points with one lot. start another with 2 lots. again lost then start new trade with 3 lots. this way when we get right trend we will be in good profits. After profitable trade again start with one lot and so. Definitely we require large trading capital but as it is said paisa paise ko khinchta hai. In last we will be in profits always. Awaiting your opinion.
yes this can be work if we have very large amount of money in account.
I was also thinking the same but not double, we have increase lot size as much that it covers all losses like 1, 3 , 7-8, 12...:mad:
but this require a lot of money and surely you will be in profit always bcoz sometime price has to move away from whipsaw may be after 5 times...
just a thought
 
I am not saying doubling the lots. Just add one lot after each losing trade. Or you can add one lot after two losing trades. Like 1 lot lost in next trade add one lot that is now trade with two lots then 3,4 and so on. Or for each two losing trade add one lot. Loss 1 lot again trade with one lot if loss trade with 2 lots. Again loss again 2 lots. You can make permutations and combination that suits you. Finally you will be winner with good roi. Trading is more money management, position sizing and psychology that a system. Your opinion please.
Thanx
Alok
 
Date Buy Sell Point Nos Amount Accumulated Profit
31/7/2015 8505
3/8/2015 8559 54 25 1350 1350
3/8/2015 8559
4/8/2015 8558 1 25 25 1375
4/8/2015 8558 8469 -89 25 -2225 -850
4/8/2015 8469
4/8/2015 8542 -73 25 -1825 -2675
4/8/2015 8542
6/8/2015 8573 31 50 1550 -1125
6/8/2015 8573
6/8/2015 8618 -45 25 -1125 -2250
6/8/2015 8618
7/8/2015 8594 -24 25 -600 -2850
7/8/2015 8594
10/8/2015 8623 -29 50 -1450 -4300
10/8/2015 8613 -10 50 -500 -4800
10/8/2015 8613
13/8/2015 8435 178 75 13350 8550
13/8/2015 8435
13/8/2015 8383 -52 25 -1300 7250
13/8/2015 8383
13/8/2015 8430 -47 25 -1175 6075
13/8/2015 8430
13/8/2015 8365 -65 50 -3250 2825
13/8/2015 8365
14/8/2015 8438 -73 50 -3650 -825
14/8/2015 8438
17/8/2015 8472 34 75 2550 1725
17/8/2015 8472
17/8/2015 8494 -22 25 -550 1175
17/8/2015 8494
18/8/2015 8493 -1 25 -25 1150
18/8/2015 8493
19/8/2015 8504 -11 50 -550 600
19/8/2015 8504
20/8/2015 8477 -27 50 -1350 -750
20/8/2015 8477
21/8/2015 8283 194 75 14550 13800
21/8/2015 8283
24/8/2015 8028 -255 25 -6375 7425
24/8/2015 8028
25/8/2015 7895 133 25 3325 10750
25/8/2015 7895
25/8/2015 7785 -110 25 -2750 8000
25/8/2015 7785
25/8/2015 7832 -47 25 -1175 6825
25/8/2015 7832
26/8/2015 7805 -27 50 -1350 5475
26/8/2015 7909 -104 50 -5200 275
26/8/2015 7909
26/8/2015 7859 -50 75 -3750 -3475
26/8/2015 7859
27/8/2015 7892 -33 75 -2475 -5950
27/8/2015 7892
27/8/2015 7950 58 100 5000 -950 (Rollover)
 

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