NIFTY Futures Mechanical Trading

santhosh44 · #**1211** 8th September 2008, 10:00 AM

Change position?

mdadhe · #**1212** 8th September 2008, 10:00 AM

position changed?

nadodav · #**1213** 8th September 2008, 10:01 AM

Changed position at 4540. now LONG.

pravinaca · #**1214** 8th September 2008, 10:02 AM

Position changed Long at 4550

skr · #**1215** 8th September 2008, 02:16 PM

I have started trading this system since last short trade i.e. 5th Sept.
In last short trade I lost 195+5 points.
My net Profit/Loss : -200 Points

balaj78 · #**1216** 8th September 2008, 03:10 PM

hi skr,
There is no wnong in this system . If market opens 150 points gap up ,no one can do anything . The market is going beyond the pivot limits . So in this type of market we have to sit simple or if we have guts to trade we can trade.
for eg today market opens high at 4540 , if next day if market opens at 4640
we can simply sell nifty fut and buy one call option ,definetly the market will go down atleast 150 points from there as of profit booking .

vinst · #**1217** 8th September 2008, 04:23 PM

Quote:

Originally Posted by niftychance

Hello Sir

This is a S/R system purely based on Levels posted by Vinod Sir, agree...

The system as being traded here by Vinod sir does not incorporate 'adds', also agreed...

The question I have asked is if some one has stuided the system by incorporating adds. I am interested in knowing what if we use adds on it?

Seems no one has... so why not do it on my own...

I got the concept of adds purely from SAINT's flow method, hence I mentioned it freely here, at no time there has been an intention on my part to compare the methods or the teachers ...

As far as I am concerned, I am greatful to Vinod sir, if it was not for his Performance Reports I would have not got interested in trading an S/R system... which motivated me in studing SAINT's Flow system harder...

Sir, as you said the daily levels are available, also a detailed Performance Report is being maintained (the excel sheets that are posted on the first message), I would definately like to work out what would be the effect on the performance of the system when we use adds on it...

Thanks sir for taking interest in my post and motivating...

Thanks

In this system, adds are helpful only when the trade runs for more than 5 days approx. otherwise adds seem to lower the profitability. I do not have data to show this but i tried a study with adds on vinod's levels of past data.

regards,
vin

nadodav · #**1218** 8th September 2008, 05:05 PM

Quote:

Originally Posted by pravinaca

Hi Vinodji,

If you don't mind can you mention the no of contracts you trade with this system?

I hope i am not intervening your personal reservations. If so i am sorry.

I entirely believe in this system and trading from last 2 months with this system.

Thanks
Pravin

Hi Pravin,

I have started with one lot (50) & trading since Dec 2006. Currrently i am trading with 4 lots (50).

nadodav · #**1219** 8th September 2008, 05:08 PM

NIFTY FUTURE For September 9,

Current position : LONG (at 4540 on 08/09/2008)

Nifty Fut Closed at : 4506.50

Profit/Loss in current trade : -33.50 (as per last closing price)
Net Profit/Loss since thread started : +1701.50 (1735.00-33.50)

Support : 4433
Resistance : 4573

Hold LONG position with SL 4433. If trades below 4433, exit LONG & go SHORT with SL 4573.

Happy Trading.

Vinod

mansukh · #**1220** 8th September 2008, 05:40 PM

I have started actual trading the system from Aug 1st.
These two months (Aug,Sep) have been really frustrating since markets are range bound and highly volatile, leading to SL hitting.
Once the markets start trending the system will surely give big returns. Inspite of the loss in these two months,
I have decided to hang on to the system as I firmly believe in the system.

Regards Mansukh.

The Following 3 Users Say Thank You to nadodav For This Useful Post:
aabhi06 (8th September 2008), MaxBombay (9th September 2008), pravinaca (8th September 2008)

The Following User Says Thank You to pravinaca For This Useful Post:
MaxBombay (9th September 2008)

The Following User Says Thank You to skr For This Useful Post:
MaxBombay (9th September 2008)

The Following User Says Thank You to balaj78 For This Useful Post:
MaxBombay (9th September 2008)

The Following 2 Users Say Thank You to vinst For This Useful Post:
niftychance (8th September 2008), SamFisher (8th September 2008)

The Following 3 Users Say Thank You to nadodav For This Useful Post:
aabhi06 (8th September 2008), pravinaca (8th September 2008), SamFisher (8th September 2008)

The Following 7 Users Say Thank You to nadodav For This Useful Post:
aabhi06 (8th September 2008), avijit_das (9th September 2008), daydreamer94 (9th September 2008), kvram (9th September 2008), mansukh (8th September 2008), MaxBombay (9th September 2008), pravinaca (8th September 2008)