Nifty Positional Trading - Super Trend Indicator

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Cubt

Algo Trader
Just realized that my data feed for current month has been expired. Sorry, I could not post trade details. As I said before, I have stopped Nifty trading based super trend 10 mins tf. Due to my day job, i couldnt monitor the system regularly and i cannot change to higher time frame in nifty. However I continue to trade stock futures based on S/R method on Eod basis. I shall start a new thread n update my entry n exit methods. I have been following this strategy for months, but after I found super trend system I stopped stock futures. Now I have started it again as it does not require any RT data feed, no AFL, no signals, no need to monitor the chart regularly.
Only twice, around 9.30 for entry n at 3.20 for exits, if system says to carry over we carry forward. It is purely based on support n resistance. It worked so well, in fact I was able to gain 65% in zerodha 60 days challenge when I used this setup.
 

TraderRavi

low risk profile
I have been following this strategy for months, but after I found super trend system I stopped stock futures. Now I have started it again as it does not require any RT data feed, no AFL, no signals, no need to monitor the chart regularly.
Only twice, around 9.30 for entry n at 3.20 for exits, if system says to carry over we carry forward. It is purely based on support n resistance. It worked so well, in fact I was able to gain 65% in zerodha 60 days challenge when I used this setup.
hi cubt , if your stock futures system is very good (as per above result) then why you stopped trading it , why not you continued it with supertrend ?
 
hi cubt , if your stock futures system is very good (as per above result) then why you stopped trading it , why not you continued it with supertrend ?
Maybe its because of his MM rules

With positional or swing we need to have strict MM in place . . .
else few big moves against our position . . . :)


:) Happy
 

Cubt

Algo Trader
Maybe its because of his MM rules

With positional or swing we need to have strict MM in place . . .
else few big moves against our position . . . :)


:) Happy
Thats right. That would be too much of exposure. Moreover Doing or trying one strategy at a time is good for us. At least we will know whether it works or suits us before we go bankrupt.


Probably the 10 mins time frame doesn't suit me, though on backtest it gives great results, it needs an eagle eye to execute the trades. But increasing higher time frame in Nifty hurts due to many gap up or gap downs.
 
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