Conservative strategy

suri112000

Well-Known Member


3rd trade is at the fag end of the day. Usually intraday positions get squared off at 3:20 PM but it depends on the broker. Intraday leveraged positions has no time to develop the trade. So, for the purpose of calculation I am avoiding 3rd trade profit.

+15
+15
====
+30
-4
====
+26
=====

Cumulative = 27+2+27-47+27+3+39+26 = +104
 

suri112000

Well-Known Member
Sold 1 lot of 8600 CE Aug series @ 190.

Margin blocked Rs.52K (appr). Capital set aside for this strategy Rs.1.56 lakhs.
Not related to the strategy but this trade erroneously posted in this thread. Closed the trade @ 90. A cool 100 points profit.:)
 

rh6996

Well-Known Member
I have traded similar strategy with Qty 400 when Nifty lot size was low with a target of 10-15 points. When 1st trade failed next trade qty 800. when 2nd trade failed 3rd trade qty 1200. If 3rd trade failed.........no more guts......came back to normal qty of 400....and start over again.

It was profitable. Made around Rs.80000 in a month's time.

This thread is initiated for the help of needy traders who are struggling and trying to learn intricacies of practical aspects of trading. I am strongly hoping that this strategy will help to instill discipline, patience and pave way for the traders to develop their own methods as per their psyche and comfort levels.

Commit your trades in real time in this thread, and compare them with the chart posted by me at EOD to increase your understanding and later for better execution.

Good luck.
Sir, If we trade 400 qty. Nifty and at month end generate a profit of Rs.80000/- i.e 200 points per Nifty and that comes to average ~10 points per day considering 20 trading sessions per month. Must say trading Nifty is a tough thing ! Am sure this can teach us discipline and patience.
Would surely love to know the max drawdown you faced while generating this 80000/- in a month because that must be the key to our maintaining our cool! :p