Stock investing for DUMMIES

L

lokanathpai

Active Member
#11
#11
LATEST POSITION
21/04/17
21/04/17 112 931.29 104304.48
Notional profit 4960.48

Trigger points:
LATEST TOP ON 05/04/17 9264
LATEST BOTTOM ON 22/03/17 9019
 
L

lokanathpai

Active Member
#12
#12
Latest Position
28/04/17 112 949.88 106386.56
Notional profit 7042.56

Trigger points:
LATEST TOP ON 05/04/17 9264
LATEST BOTTOM ON 19/04/17 9075

Nifty broke TOP trigger on 26/04/17
 
L

lokanathpai

Active Member
#14
#14
Latest Position
12/05/17 112 959.47 107460.64
Notional profit 8116.64

Trigger points:
LATEST TOP ON 05/05/17 9377
LATEST BOTTOM ON 5/5/2017 9272

I am repeating my strategy
Strategy
Buy/Add Niftybees when top trigger is broken (i.e. Nifty crosses top trigger)
Sell entire Niftybees holding and Buy R*Shares Long Term Gilt ETF-
Idea is Gilt will hold value when stock market is crashing
Again when Nifty crosses its TOP level at that point of time buy Niftybees
On 03/02/17 Nifty broke then top.

So far I did not got opportunity to test when Nifty breaks bottom.
 
L

lokanathpai

Active Member
#19
#19
Latest Position
16/06/17 112 980.50 109816
Notional profit 10472.00

Trigger points:
LATEST TOP ON 06/06/17 9709
LATEST BOTTOM ON 24/5/2017 9341
 
Last edited:
L

lokanathpai

Active Member
#20
#20
Latest Position
16/06/17 112 980.29 109792.48
Notional profit 10448.48

Trigger points:
LATEST TOP ON 06/06/17 9709
LATEST BOTTOM ON 01/06/17 9590

I AM EXPECTING A BREKOUT IN ANY DIRECTION THIS WEEK.
WHEN IT HAPPENS I WILL CLOSE THIS POSITION AND STARTS A SYSTEMATIC INVESTMENT APPROACH. INVESTING A NEARLY EQUAL AMOUNT ON EVERY UPSIDE BREAKOUT

My this system is adopted by me as:
I cannot do any type of Technical Analysis (Fundamental or Technical)
I do not want to follow anybody's tips
I cannot use any kind of software for my trade
Hence I treat trading in ETF is suitable for me.
I wish to follow Darvas Box type of method on Nifty-ETF
One Gentleman suggested me to adopt Junior Nifty.
But Nifty levels I can get anywhere and it is less volatile than Junior Nifty.
Hence I decided on Nifty.
I will start my newtrading line
Hence forth I will be adding nearly Rs 50000.00 on every breakout on upper side.
 
Last edited:
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