The Best Trading System

And since as i said earlier that ATR of BN is about 250, there is more than a fair chance of the option doubling in a day or 2.

Dear Varun ,
Yes bnf is more volatile than nf the chance of doubling is more...though I just checked it in NF that too given the same result ...it too doubles yday....any way wishing you best of luck in this new method and please share your experience in live trades...after all in live trading we start to see the main hussles ....

Today's lesson:

https://www.youtube.com/watch?v=Vy1_URi88eE

What f******g video

Yeah, he is a Ledge. Learnt hell lot of things from him in spite of being miles away. The day I can trade like him, I might think about becoming a full time trader. The best part I like about him is his humbleness. He made millions, he worked for Prop farms as a trader, then went solo.

I remember, I had attended one of his live periscope session long back - where tells a story about a lady he worked with in prop farm. She was long on FTSE (big size) and FTSE was up and she wanted to book profit. So she click the square off button and nothing happens, so she did it 3-4 times, nothing happens, position still showing open. Then there was a sudden rate-cut decision and FTSE was up some 100 pips in matter of seconds and she was so happy that position is not closed. She tried 3-4 times again in between that spike and nothing happens, and FTSE was up some 200 pip by that time.
She called the broker and tell that I am up some 150k+ Pounds, can close my position, and the broker tells her - you are net short on FTSE. What happened in actual, she was squared off in her first attempt and due some software glitch, and it did not show on her terminal. And each subsequent clicks added net short positions as top up, on a monster FTSE.

Her Career Ended!!

Anything can happen to anyone. If Risk not managed. The uncertainty and Lady Luck. We need to respect that.

So even now, if someone asks Tom - how much will you make in next 5 years, his answer will be " I don't know if I will make money". To me, that’s an incredible quality, to remain humble even when people consider you as a legendary trader and never forget the fact - that market is unpredictable and anything can happen.

Varun Ji,

A couple of queries, if that's fine with you.

1. TEMA or EMA - what has given you better results?

2. 36 EMA v/s 200 EMA - used under what conditions? (and why not 36 TEMA /200 TEMA).

Sanjoy ji TEMA is very fast and it gives more whips. I have tried TEMA also.

Sanjoy ji can you pls tell me the message number on which in whose context you have asked your querry as i have lost track of my messages with so many of them.

Since 36EMA in Daily is at 18620, Bought an 18900 call at 62 and sold my earlier positional call at peanuts. Thus bringing the strike down by 200 points. The SL for this call and for positional trade would be a close below 18620.

Hi Varun ji,
Can we use VMA instead of EMA , as its more precise and considers volatility in its calculation .