UNIT - Trying Trade to live

Do you trade intraday for a living?


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S

SCF

Guest
#1
Shorted at 86.90 x 5000 shares.
covered at 86.40 x 5000 shares.

Profit {86.90 - 0.137 (brokerage)= 86.76 - 86.40 = 0.36} x 5000 = 1800

PS : Donot ask me the strategy right now because I am not sure if my trade is right or wrong. If it works well for a month or so, i will do.
 
S

SCF

Guest
#4
Trade of 13.11.2009

Short at 83.05x 5000
covered at 82.55 x 5000

Again a profit of Rs.1800/-:)
 
Last edited by a moderator:
S

SCF

Guest
#5
Long at 86.35 x 5000
Covered at 86.50 x 5000 (Just before trading closure)

No profit/Loss today.:D
 
#7
Excuse me.....
U r trading with the 5000 of quantity.....

And make it short....
If u will find buying and ur trade will be in loss with 2 rs then u will be hanged over...buddy.....
Loss of 10000.....

So left this foolish method....
 

findvikas

Well-Known Member
#9
Shorted at 86.90 x 5000 shares.
covered at 86.40 x 5000 shares.

Profit {86.90 - 0.137 (brokerage)= 86.76 - 86.40 = 0.36} x 5000 = 1800

PS : Donot ask me the strategy right now because I am not sure if my trade is right or wrong. If it works well for a month or so, i will do.
Bro. you are trading the bars which is what most of the broker does. but there is a slight problem with your trades... your brokerage which is killing your trades.

Get a ZERO brokerage account from RK Global by paying upfront 999/- for the month and enjoy the daily 25-30% gain in your profits that you are paying as brokerage

see your trade had a profit of 1800 where you paid 685/- as brokerage for that trade.

0.137 x 5000 = 685

with zero brokerage it would have been, 2500/- and after deducing the monthly brokerage its 1500/- but rest of the trades that you do for the month will be FREE
 

findvikas

Well-Known Member
#10
Here is what usually brokers do...




A quick backtest on Unitech

Setup details

Initial capital : 5000/-
Positions: Long & Short
Interval: 2min
Winners: 331 , Losers: 101
Profit: 230%
Duration: 10 trading sessions

The idea is very simple, just look at past 3 bars and continue your position unless you hit a SL

Following is the AFL for this system

Code:
Buy = Close > Ref( Close , -3 );
Sell = Close < Ref( Close , -3 );
Short = Close < Ref( Close , -3 );
Cover = Close > Ref( Close , -3 );
 

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