Nifty wining edge

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  #1  
Old 20th May 2008, 01:11 PM
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Join Date: Apr 2007
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awachat is on a distinguished road
Default Nifty wining edge



Hi Friends,

I am created my own database which are helping me while nifty trading. I am attaching the JPG file which is providing buy and sell nifty positions.

I buy Nifty on second day when "Diff_CPQ_PCQ" come in positive point or difference between "TortalTradeQtyCE" and "TortalTradeQtyPE" get reduce

Let me know your comments
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File Type: jpg Nifty_Cal.jpg (98.3 KB, 63 views)
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  #2  
Old 22nd May 2008, 07:19 AM
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Join Date: Jan 2007
Posts: 97
AW10 is on a distinguished road
Default Re: Nifty wining edge

awachat,
1) When do you SELL ?
money is made/lost by SELL transaction hence that is important parameter while designing a trading system.
2) you mentioned "...difference between "TortalTradeQtyCE" and "TortalTradeQtyPE" get reduce..."
Get Reduce is very subjective. Is it by 1, 10 , 10k, 100k.. 1%, 5%.. ?

Do define that objectively for your system. Generate the buy and sell signal on past data and see the performance of your system in terms of
(1) # of winning trades
(2) # of loosing trades
(3) average win in Rs terms.
(4) average loss in Rs terms.

As long as (1) * (3) minus (2) * (4) is a positive number, you have winning system in your hand.

Happy trading.
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