Holy Grail of Intraday Nifty Future trading to consistantly earn 2000-20000 per day

amarnath · #51 28th March 2008, 04:22 PM

Quote:

Originally Posted by beginner_av

By your own admission it is difficult to predict whether you are already in adverse state (and by same logic where it will end). So you have a system that always stays in the mkt? If yes, then your equity curve will take big hits at certain points, isn't it?
There are many methods that can warn you of adverse conditions if not ahead, but definitely as it is happening, not having the lag of a MA or MACD. But that entirely depends on your system.

Simply own equity curve tells about wether we are in adverse condition or not wrt to normal condition

which is purely upto our system we use, i never admitted anywere, i can predict anything even to least degree of accuracy

biyasc · #52 28th March 2008, 04:59 PM

Quote:

Originally Posted by beginner_av

You talk a lot of terms to describe other traders like successfull, struggling traders, losers, depressed by markets. and you have all the reasons for their success and failures at your fingertips. which category do you fall into?

hope you would'nt mind to call me a determinded trader.

or you can also call me the great gambler

.

beginner_av · #53 28th March 2008, 05:43 PM

Quote:

Originally Posted by amarnath

To stay away or to reduce position size, we have to know that adverse condition is ahead or atleast it is there wrt to our system's logic or set of rules aka which need some sense of predictivity? though some ppls employ secondary filter's in most common cases they are just ineffective and don't server's purpose it was included

in many cases this is due to multicollinearity problem and lack of understand indicator basics, eg you can't with with MACD experiment when MA was failed already

Applying contratrading to trending system looks easy but were and how you switch quite not so simple isn't

But thing is it can be yet done

Hi Amarnath, this is what I was replying to, that you don't need predictability to judge whether your system is on track. Neither do you have to lag so much that by then the game will be over. Like you said one simple way is the equity curve.

beginner_av · #54 28th March 2008, 05:44 PM

Quote:

Originally Posted by biyasc

hope you would'nt mind to call me a determinded trader.

or you can also call me the great gambler

.

A few times earlier I was thinking what your posts are, but now seen with the correct perspective, I am enjoying them.

biyasc · #55 28th March 2008, 06:01 PM

Quote:

Originally Posted by beginner_av

A few times earlier I was thinking what your posts are, but now seen with the correct perspective, I am enjoying them.

ok man, be happy & keep enjoying.

prabhjeetrana · #56 28th March 2008, 06:42 PM

Any of the systems checked in different market conditions will give on an average 0% result i.e. +50% & -50% so we cant rely on a system alone, there are some human elements that are very important for sucess of trading system:-

1. Stoplosses are very important. If we are able to minimize the losses that are caused by our system then the profits will be increased as a matter of inverse relation.

2. Market conditions which only human beings can judge i.e. whether we are in trending or ranged markets can help save a lot of pain caused by markets. I have seen a lot of traders using the trending indicators in ranged markets and loose real lot of money

amarnath · #57 28th March 2008, 07:11 PM

Quote:

Originally Posted by prabhjeetrana

Any of the systems checked in different market conditions will give on an average 0% result i.e. +50% & -50% so we cant rely on a system alone, there are some human elements that are very important for sucess of trading system:-

1. Stoplosses are very important. If we are able to minimize the losses that are caused by our system then the profits will be increased as a matter of inverse relation.

2. Market conditions which only human beings can judge i.e. whether we are in trending or ranged markets can help save a lot of pain caused by markets. I have seen a lot of traders using the trending indicators in ranged markets and loose real lot of money

If you are trading system than there is no point of speaking about human decision or factor's.

STOPLOSS and were you place them are both academic and non academic which in turn depends...

And your 2nd point proves that your have not even elementry idea of mech trading system's or designing it.

Also look at forwarding eq curve still on +ve track with DD controlled lvl and market condition keep changing every min on gold and silver :d

beginner_av · #58 28th March 2008, 07:12 PM

Quote:

Originally Posted by amarnath

If you are trading system than there is no point of speaking about human decision or factor's.

STOPLOSS and were you place them are both academic and non academic which in turn depends...

And your 2nd point proves that your have not even elementry idea of mech trading system's or designing it.

Great man, you actually bothered to reply to that!

amarnath · #59 28th March 2008, 07:15 PM

Quote:

Originally Posted by beginner_av

Great man, you actually bothered to reply to that!

Some times i feel its like my primary duty, then to exit my shorts in gold silver today

now and ppls like prabhjeetrana him makes me to feel more confident that i can make consistently money mo after mo and YOY

as they are chopped by just same tools called indicator

arjunbhishm · #60 29th March 2008, 08:28 PM

hi Arjun here,
I thanks all members, junior or senior for commenting on my first comment to make
" Holigrail of Nifty trading mechanical system".
I am not happy by good comments and I am not sad by bad comments. what I believe is to "try.. try.. try.. until you succeed". My motivating line abount is " No body invented system because no body can think like me. Before invention of Electricity everybody used to say Edison a fool man. But he invented that because he thought that he could think that way that nobody could think like that.
thanks for all suggestion...... I once again promise everyone of traderji , If i am able to get consistant result with my system for some more time then i will be giving it to all members here.
" Success is every thing to me"
" Impossible says=> I m possible"

So Everything is possible.
Thnaks and Regards,
Arjun Bhishm