Pride's Intra-Day Strategy [Profit Everyday]

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lolbin7

New Member
#1,852
#1,852
hello guys, has anyone tried this strategy on other index futures? I have been paper trading this on HangSeng and KOSPI futures. It doesn't seem to work out too well.. The problem i have with the EMA crossover is that, when the EMA crosses over, often it's too late and we'll will be entering at the high/low of the trend.
 
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areebs

Active Member
#1,853
#1,853
areebs said:
As many of the members have been following this system day to day basis either by trading or testing , I would just like to request to them of just asking them to give an average of the points earned in Nifty intraday trades on a monthyl basis(month end) by following this system.
This would help us understand the profit potential.I am not asking for the reports , just an average number of points.
And also if someone could report how did this system perform in a very choppy month of March 2010.How many points were earned in this month.

Thanks.
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I have tried testing this system for March and April 2010 , but it doesnot seem to be working that well. Many calls are exited at cost or just below cost.
 
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lolbin7

New Member
#1,860
#1,860
areebs said:
3 trades for today as of now :



1.Buy 5345 Exit 5353 = +8

2.Buy 5351 Exit 5355 = +4

3.Sell 5339 - Trade still active.
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You are right. For 2nd trade, stochastics reversed at 5355. But if we traded 2 lots, we could ride the trend with the 2nd lot because price didn't go lower.

For 3rd trade. EMA didn't crossover on google chart.

May i know, what is the common brokerage fee for 1 lot transaction (buy + sell) ?
 
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