Rs. 50,000 to Rs. 5 Lacs in one year ...

#22
Dear Friends,

First let me thank SAINT for his classic example to plan and excute a method and teach the other forum members, who has been my inspiration for my new attempt.

I am trying to achieve Rs.5 Lacs target with an investment of Rs. 50,000 /- in one years time trading intraday in Nifty Futures.

Capital - Rs. 50,000 /-
Risk - Rs. 50,000 /-
Target - Rs. 5,00,000 /-
Monthly Expenditure for data - Nil .

I defenitely have a plan (method as SAINT calls) to do the trading. I have back-tested it.I will let you know in (15 days)that which is already available in most of the members.

I have being a Positional trader in Nifty Futures mostly, and am happy about the same. After following SAINT's work, I found that I would start my day-trading and will also explain the methodolgy used in it. I will not spend any money on RT data in the begining may do it in future.

I would like our members to post their comments on this.

I am planning to start it from 3rd Nov 2008.

muralitr.
Dont day dream.....Multiplying ten times in a year... Impossible............
Sure way yo hell............Sapna uthna hi dekho jithni aankeen motti hoin
Agar double ho jayen tho hi kafhi hai.........
 
V

vvvv

Guest
#23
50000 to 5 lacs in yr is 900 CAGR....maybe hes wrong or my calclations have gone crazy..

at this pace u have to earn abt 1875 nifty points in 1 yr exluding commissions.
cant see any money mngmt here...
lets see practically wht it cumes to once the trade starts
 
#24
Friends,

There has been a delay in the start, I will definitely start from tomorrow (5th nov 2008) due to my health condition.

I am grateful to my friends who has been cautioning me on trail. I am happy that their are people who disagree, which gives me the moral boost to make it happen.

muralitr.
 
#26
Friends,

There has been a delay in the start, I will definitely start from tomorrow (5th nov 2008) due to my health condition.

I am grateful to my friends who has been cautioning me on trail. I am happy that their are people who disagree, which gives me the moral boost to make it happen.

muralitr.

Do take care of your Health muralitr and get well soon.
I Pray God for your good health.
 
N

Niks

Guest
#27
50000 to 5 lacs in yr is 900 CAGR....maybe hes wrong or my calclations have gone crazy..

at this pace u have to earn abt 1875 nifty points in 1 yr exluding commissions.
cant see any money mngmt here...
lets see practically wht it cumes to once the trade starts
I personally know a guy who made ten times of his intial capital (20k) in a year. That was due to shrewd use of leverage. Sure there is risk of getting blown out in such endeavours.
 
#30
friends

Covered 1 lot short 3130.

Short at 3168.

Profit = 38-4(brokerage) = 34 *50 = 1700.

Today's trade over ( due to health condition).

muralitr.


will you please explain on what basis you shorted nifty at3168 and covered at 3130 and please also explain basis of SAR(3177) ? :confused:
 

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