Trading Nifty Future

Dear All,

I am starting this thread for Nifty Futures Traders. I have made good profit by trading nifty futures with my own analysis since last 1 year and backesting shown fantastic results since 2004.

I will be posting my trading level before/after (30 mins) execution of trade as I will be busy with other stuffs but I will try to post on time. According to my analysis we shall have profit of 2000/3000 pts (around 40 to 60 % of spot nifty) within a year. We may have some series of small losses in rangebound/extremely volatile market but it shall not more than 400 pts (Actually last 4 years backtesting doesn't had drawdown more than 289 pts but so assuming it could be maximum 325-350 but I have mentioned 400 pts which includes brokerage and slipage at the time of rollover).

This is swing trading so position could be long or short for 1 day to any many weeks also sometime we will have few intraday trades.

Please post your comments, views & feedback.

Happy Trading...

Hello,

I went long in nifty futures at 5089 and still postition is long. I will exit or reverse the position if nifty trade in between 5235-5210. Please note these are not exact levels I will post exact levels once I execute trade on my account

Happy Trading...

Hello,

I will post profit/loss I made in last last few trades this evening. As well as maximum draw down I had this year along with cumulative profit.

Happy Trading...

Dear All,

I apologies for delay in updates. Basically I calculate 3 levels like Enter Long, Enter short & Exit Long/Short position. But some times due to gap opening when exit level is already hitted I do SAR.

Below are few last trades I have done:

On 7th June market opened around 100 Pts down. I did SAR means covered previous long position and initiated short, I went short double with quantity means exited previous long and initiated short with same quantity.

07/06/10 SAR @ 4981, Initiated short @ 4981 Booked very small profit.
08/06/10 Exit @ 5039, Initiated short @ 4975 Loss -58
09/06/10 Exit @ 5010, Initiated short @ 4990 Loss -35
10/06/10 Exit @ 5040, Initiated Long @ 5089 Loss -50

Draw down we have is -143.

Current postition Long @ 5089.

Maximum draw down we had this year is -158 which was started at 19th Apr & reached to -158 at 14 May. Draw down was covered on 27th May by booking profit of 161 pts.

Summary:

Year 2010
Total Profit Made = 612
Trades Executed = 21
Total Slippage = 39
Brokerage Charged Approximately = 105 (Considered 0.04% brokerage)
Net profit excluding Brokarage & slippage approximately = 447
Current postition Long @ 5089 = +194 (Profit).

Happy Trading...

Dear All,

I will be out of station on monday so posting now. I will exit long position if nifty touch 5240 on monday & will initiate short position again if nifty touch 5215. Some time I need to take subjective decision so possibility is that I will exit short position again or re-enter long position.

If I execute any trade on monday I will post them here on tuesday morning.

Happy Trading....

Good Morning,

My position in nifty future is still long. I will exit if nifty trade in the range 5255-5235.

Happy Trading...

Hello,

I have exited the position at 5245 and then as I have posted before I have to take some subjective decisions due to which I have initiated Long position at 5265 again.

Happy Trading....

Good Morning..

I have exited yesterday's long at 5235. I will go short if nifty hit 5215 and I will go long if nifty hit 5265.

Happy Trading...

Good Afternoon,

I went long in nifty at 5265.

Happy Trading...

Hello Friends,

I will exit if nifty hit 5249.

Happy Trading...