Traderji.com


Conservative strategy

Discuss Conservative strategy at the Futures within the Traderji.com; Sold 1 lot of 8600 CE Aug series @ 190. Margin blocked Rs.52K (appr). Capital ...


Go Back   Traderji.com > THE MARKETS > Derivatives > Futures



Reply
 
Thread Tools
  #11  
Old 28th July 2016, 11:27 PM
suri112000's Avatar
Member
 
Join Date: Jan 2011
Location: ఆంధ్ర ప్రదేశ్
Posts: 1,115
Thanks: 880
Thanked 3,531 Times in 841 Posts
suri112000 has a reputation beyond repute
suri112000 has a reputation beyond reputesuri112000 has a reputation beyond reputesuri112000 has a reputation beyond reputesuri112000 has a reputation beyond reputesuri112000 has a reputation beyond reputesuri112000 has a reputation beyond repute
Default Re: Conservative strategy

Sold 1 lot of 8600 CE Aug series @ 190.

Margin blocked Rs.52K (appr). Capital set aside for this strategy Rs.1.56 lakhs.

Last edited by suri112000; 28th July 2016 at 11:45 PM. Reason: corrected typo
Reply With Quote
The Following 3 Users Say Thank You to suri112000 For This Useful Post:
marimuthu13 (29th July 2016), monkeybusiness (29th July 2016), t2t (12th August 2016)

Looking for a share broker?

Name:Phone:
Email:City:
State:
Are you a day trader?
  #12  
Old 28th July 2016, 11:40 PM
Member
 
Join Date: Feb 2011
Location: Kodaikonal
Posts: 1,687
Thanks: 1,322
Thanked 2,148 Times in 837 Posts
Rish has a reputation beyond reputeRish has a reputation beyond reputeRish has a reputation beyond reputeRish has a reputation beyond reputeRish has a reputation beyond reputeRish has a reputation beyond reputeRish has a reputation beyond reputeRish has a reputation beyond reputeRish has a reputation beyond reputeRish has a reputation beyond reputeRish has a reputation beyond reputeRish has a reputation beyond reputeRish has a reputation beyond reputeRish has a reputation beyond repute
Default Re: Conservative strategy

Quote:
Originally Posted by suri112000 View Post
Sold 1 lot of 7600 CE Aug series @ 190.

Margin blocked Rs.52K (appr). Capital set aside for this strategy Rs.1.56 lakhs.
8600 or 7600 ?
Reply With Quote
The Following User Says Thank You to Rish For This Useful Post:
suri112000 (28th July 2016)
  #13  
Old 29th July 2016, 07:49 AM
rip07's Avatar
Member
 
Join Date: May 2016
Posts: 243
Thanks: 404
Thanked 561 Times in 184 Posts
rip07 is a name known to allrip07 is a name known to allrip07 is a name known to allrip07 is a name known to allrip07 is a name known to allrip07 is a name known to all
Default Re: Conservative strategy

Quote:
Originally Posted by vijkris View Post
intersting...
how much time it ll take to rewire?
i m askin this bcos even while reading ur post my brain refused to believe that we ll be aiming for stoploss.
It takes time to rewire, but as method explained by Suri you can try it for next 30 trading days and it will ingrained in your mind as new habit takes time.

It has been explained in Elder's books as well by referring AA (alcoholic anonymous), "I am an alcoholic, I am powerless over alcohol." --for trader "I am a loser, I am powerless over losses." The moment you will recognize that you are powerless over losses, you start taking steps towards it. "Today I will not loose more than 1-2% of my trading capital. Only for today." If you say this phrase for next 30 days, and follow it, you will survive.

Thanks
rip07

Last edited by rip07; 29th July 2016 at 08:28 AM.
Reply With Quote
The Following 6 Users Say Thank You to rip07 For This Useful Post:
bajica (1st August 2016), marimuthu13 (29th July 2016), monkeybusiness (29th July 2016), rh6996 (1st August 2016), t2t (12th August 2016), vijkris (29th July 2016)
  #14  
Old 29th July 2016, 08:57 AM
Happy_Singh's Avatar
Member
 
Join Date: May 2013
Location: Here & Now :)
Posts: 1,414
Thanks: 2,024
Thanked 3,486 Times in 1,130 Posts
Happy_Singh has a reputation beyond repute
Happy_Singh has a reputation beyond reputeHappy_Singh has a reputation beyond reputeHappy_Singh has a reputation beyond reputeHappy_Singh has a reputation beyond reputeHappy_Singh has a reputation beyond reputeHappy_Singh has a reputation beyond repute
Default Re: Conservative strategy

Nice thought experiment

Hope to see this thread alive and ticking at least for next 30 days

Happy
Reply With Quote
The Following 4 Users Say Thank You to Happy_Singh For This Useful Post:
marimuthu13 (29th July 2016), rh6996 (1st August 2016), vijkris (29th July 2016), wisp (10th August 2016)
  #15  
Old 29th July 2016, 09:11 PM
suri112000's Avatar
Member
 
Join Date: Jan 2011
Location: ఆంధ్ర ప్రదేశ్
Posts: 1,115
Thanks: 880
Thanked 3,531 Times in 841 Posts
suri112000 has a reputation beyond repute
suri112000 has a reputation beyond reputesuri112000 has a reputation beyond reputesuri112000 has a reputation beyond reputesuri112000 has a reputation beyond reputesuri112000 has a reputation beyond reputesuri112000 has a reputation beyond repute
Default Re: Conservative strategy

This is the second AFL. Save it as "short swing" and overlay on the chart of Supertrend.

Quote:
BS = H<Ref (H,-1) AND Ref (H, -1) < Ref (H, -2) AND Ref (H, -2) < Ref (H, -3);
SS =L>Ref (L,-1) AND Ref (L, -1) > Ref (L, -2) AND Ref (L, -2) > Ref (L, -3);
//PlotShapes( IIf( Buy, shapeSmallCircle, shapeNone ), colorGreen, layer = 0,yposition = HaLow, offset = -15);
//PlotShapes( IIf( Buy, shapeSmallCircle, shapeNone ), colorWhite, layer = 0,yposition = HaLow, offset = -8);

//PlotShapes( IIf( Sell, shapeSmallCircle, shapeNone ), colorRed, layer = 0, yposition = HaHigh, offset = 15);

//PlotShapes(IIf(Buy, shapeSquare, shapeNone),colorGreen, 0, L, Offset=-40);

//PlotShapes(IIf(Buy, shapeSquare, shapeNone),colorLime, 0,L, Offset=-50);
PlotShapes(IIf(BS, shapeSmallCircle, shapeNone),colorLime, 0,L, Offset=-45);
//PlotShapes(IIf(Short, shapeSquare, shapeNone),colorRed, 0, H, Offset=40);
//PlotShapes(IIf(Short, shapeSquare, shapeNone),colorOrange, 0,H, Offset=50);
PlotShapes(IIf(SS, shapeSmallCircle, shapeNone),colorRed, 0,H, Offset=45);
What is the maximum stop loss in each trade we can have in Nifty futures trade in 5 min TF? 10 points or 20 points.
How many trades we can have in Nifty per day? 2 or 3 maximum.
What is the profit target for each trade? 30 or 60 points.
How many trades we can withstand which go into loss consecutively? 20 or 30 trades.
How many months loosing months we can withstand in a row? 2 or 3 months.

Once we find answers to these questions,

we can calculate the base capital for the strategy.
we can calculate the profit target for a week, for a month.

Last edited by suri112000; 29th July 2016 at 09:44 PM.
Reply With Quote
The Following 5 Users Say Thank You to suri112000 For This Useful Post:
ankur07090 (30th July 2016), monkeybusiness (29th July 2016), rh6996 (1st August 2016), t2t (12th August 2016), vijkris (30th July 2016)
Advertisements
  #16  
Old 29th July 2016, 11:48 PM
suri112000's Avatar
Member
 
Join Date: Jan 2011
Location: ఆంధ్ర ప్రదేశ్
Posts: 1,115
Thanks: 880
Thanked 3,531 Times in 841 Posts
suri112000 has a reputation beyond repute
suri112000 has a reputation beyond reputesuri112000 has a reputation beyond reputesuri112000 has a reputation beyond reputesuri112000 has a reputation beyond reputesuri112000 has a reputation beyond reputesuri112000 has a reputation beyond repute
Default Re: Conservative strategy

Rules.

1. when trend is up
2. Go long above latest Red candle high. (When trend is down go short below latest green candle)
3. stop loss 10 points
4. profit target 30 points.
5. no trailing stop. Slide the stop to breakeven when trade moves 20 points in favour. Donot close the trade even if the signal flips until either SL or profit target or breakeven hits. Enter next trade only when either SL or profit target is hit. In case of BE trade, the next trade is to be initiated only when the price hits SL or profit target. If the signal flips after hitting SL or profit target, next trade should be as per new trend.
6. maximum 3 trades per day ie 30 points maximum loss per day. We keep trading until following profit target is met.
7. if 150 points profit is made within 2 days we donot trade for next 3 days. Similarly, if profit target is met in 3 days we donot trade for next 2 days. if profit target is met in 4 days, we take a break for 1 day.

A specimen trade with trade marked on 29/07/2016 nifty futures chart is pasted below.

We start our journey of 30 trading days from Monday ie 01/08/2016.



Broader Plan

We will have a maximum of 90 trades in next 30 trading days.
Even if we consider 30% strike rate, we will have 27 winning trades fetching us 810 points, and loosing 63 trades results in 630 points loss, thus giving us 180 points profit.
There will be trades which do not fetch us full profits. Likewise there will be some trades which does not hit stop losses. This is the result of intraday restricted timings.
There will be trades which trigger but immediately reverses and hit stop loss. We have to live with such trades.
Let us suppose all the 90 trades hit stop loss, so the maximum we loose is 900 points ie Rs.67500. suppose if we include brokerage it comes to around 1080 points ie Rs.81000.
So, our capital outlay should be a minimum of Rs.1,21,000.
Profit target is anywhere between 150 to 900 points. ie from Rs.11250 to Rs.67500. So, our effort should result in between these extremes.
We will evaluate the system after 30 trading trades and if any changes required we will impose them as the need dictates.

So, let us be ready to loose Rs.81000 in the next 30 trading days.

Last edited by suri112000; 30th July 2016 at 01:27 AM.
Reply With Quote
The Following 13 Users Say Thank You to suri112000 For This Useful Post:
ankur07090 (30th July 2016), gambler (31st July 2016), Happy_Singh (30th July 2016), marimuthu13 (30th July 2016), monkeybusiness (30th July 2016), pm_shah (30th July 2016), PUCHU_2500 (30th July 2016), Purushotham (30th July 2016), Raghuveer (1st August 2016), Smart_trade (30th July 2016), The Disciplined Trader (1st August 2016), vijkris (30th July 2016), VJAY (30th July 2016)
  #17  
Old 30th July 2016, 10:10 AM
Member
 
Join Date: Nov 2012
Location: Hyderabad, TELANGANA.
Posts: 385
Thanks: 1,520
Thanked 445 Times in 211 Posts
Purushotham is a glorious beacon of lightPurushotham is a glorious beacon of lightPurushotham is a glorious beacon of lightPurushotham is a glorious beacon of lightPurushotham is a glorious beacon of light
Default Re: Conservative strategy

Hi Suri garu,

Shall I manually back test with Jul Fut and post the charts.
Reply With Quote
The Following 3 Users Say Thank You to Purushotham For This Useful Post:
monkeybusiness (30th July 2016), suri112000 (30th July 2016), vijkris (30th July 2016)
  #18  
Old 30th July 2016, 03:30 PM
suri112000's Avatar
Member
 
Join Date: Jan 2011
Location: ఆంధ్ర ప్రదేశ్
Posts: 1,115
Thanks: 880
Thanked 3,531 Times in 841 Posts
suri112000 has a reputation beyond repute
suri112000 has a reputation beyond reputesuri112000 has a reputation beyond reputesuri112000 has a reputation beyond reputesuri112000 has a reputation beyond reputesuri112000 has a reputation beyond reputesuri112000 has a reputation beyond repute
Default Re: Conservative strategy

Sure. It helps to understand the strategy well.
Reply With Quote
  #19  
Old 30th July 2016, 04:59 PM
Member
 
Join Date: Nov 2012
Location: Hyderabad, TELANGANA.
Posts: 385
Thanks: 1,520
Thanked 445 Times in 211 Posts
Purushotham is a glorious beacon of lightPurushotham is a glorious beacon of lightPurushotham is a glorious beacon of lightPurushotham is a glorious beacon of lightPurushotham is a glorious beacon of light
Default Re: Conservative strategy

As per the strategy chart of JULY 01

picture uploading

1st July Loss -10

Last edited by Purushotham; 30th July 2016 at 05:07 PM.
Reply With Quote
The Following User Says Thank You to Purushotham For This Useful Post:
vijkris (30th July 2016)
  #20  
Old 30th July 2016, 05:29 PM
Member
 
Join Date: Nov 2012
Location: Hyderabad, TELANGANA.
Posts: 385
Thanks: 1,520
Thanked 445 Times in 211 Posts
Purushotham is a glorious beacon of lightPurushotham is a glorious beacon of lightPurushotham is a glorious beacon of lightPurushotham is a glorious beacon of lightPurushotham is a glorious beacon of light
Default Re: Conservative strategy

Chart of July 04

screengrab

1st July Loss -10
4th July 2 trades +5
Reply With Quote
The Following 2 Users Say Thank You to Purushotham For This Useful Post:
rh6996 (1st August 2016), vijkris (30th July 2016)
Reply

Bookmarks


Advertise Here

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads for: Conservative strategy
Thread Thread Starter Forum Replies Last Post
Three bar strategy VIKAS 21 Technical Analysis 110 14th April 2015 09:34 PM
Choosing the right strategy for trading is a strategy by itself sushilgirdher Technical Analysis 10 20th January 2015 09:53 PM
My Afl Strategy Fxer AmiBroker 71 8th September 2014 09:55 PM
“Bear Call with NF Hedging” – a conservative approach to play NFO adg123 Derivatives 0 17th May 2014 08:08 PM
Need AFL for this strategy!!! msieee AmiBroker 3 17th March 2014 09:01 AM


All times are GMT +5.5. The time now is 12:18 PM.

Indemnity, Disclaimer & Disclosure Notice:
* By visiting Traderji.com you automatically indicate that you agree to our Forum Rules, Indemnity, Disclaimer & Disclosure Notice and General Content Disclaimer Notice and indemnify Traderji.com, its associates and related parties of all claims howsoever resulting from the usage of the forum/site.
* Disclaimer: Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility. You are recommended to make appropriate enquiries and seek appropriate advise before sending money, incurring any expenses, acting on recommendations or entering into any commitment in relation to any advertisement published here. Traderji.com does not vouch for any claims made by the advertisers of products and services. Traderji.com will not be held liable for any consequences in the event such claims are not honoured by the advertisers. Traderji.com will not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of any information by anybody mentioned anywhere on this site.
* Disclosure: The information in this forum is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.
* All names or products mentioned are trademarks or registered trademarks of their respective owners.
General Content Disclaimer Notice:
In light of our policy of encouraging candid, open exchanges of views and the rapid distribution of information originating from many sources, Traderji.com cannot determine the accuracy or legality of any information that may be uploaded to the forum. Opinions, advice and all other information expressed by participants in discussions are those of the author. You rely on such information at your own risk. You are urged to seek professional advice for specific, individual situations and not rely solely on advice or opinions given in the discussions. Since Traderji.com is an open and free discussion forum, any comments made by members of this forum in their posts reflect their own views and not of the owner or administrator of Traderji.com. Thus the owner/administrator indemnify themselves of all claims whatsoever and will not be liable or responsible for any members comments/views in this forum Traderji.com. Although we constantly delete all irrelevant content and/or SPAM, if you should find any objectionable or offensive posts made by members of this forum which you would like to bring to our notice for removal then please Contact Us.
 


Our Partner Websites: www.chittorgarh.com, IPO Investment Portal | www.topsharebrokers.com, Broker Comparision
Copyright © www.Traderji.com 2001 - , All rights reserved.

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271