The Best Trading System

What do you like or dislike on this thread?

  • Like: Trading Theory, Psy Ops, Myth Busters

    Votes: 22 37.3%
  • Like: Trading Systems

    Votes: 20 33.9%
  • Like: Everything on this thread

    Votes: 32 54.2%
  • Dislike: Too much theory, not enough actionable items

    Votes: 4 6.8%
  • Dislike: Systems discussed are found as useless

    Votes: 1 1.7%
  • Dislike: Everything on this thread

    Votes: 2 3.4%

  • Total voters
    59

vijkris

Learner and Follower
Hi, Tuna bhai, Off topic post...

Have u seen this post of OTGA bhaiyya....? :D

To tell you truth ....

Trading is option is like living on edge of sword . you never know when u will get cut
Profits are 10 % 30% 300%
But loss are also same 30% 50% 100% All gone.

there will be very few ppls that survive option business
this blood bath lurks lot of innocent traders that only end of burnt finger


I still remember when sultan movie was released .. I looked st PL statement it said 8 lakhs loss

there was this song
Kismat ko aave saamne
Tu mode de uska panja re..-2
Chal mode de uska panja re..

I got very much inspired by that song and said I ain;t quitting this blood bath as looser . i don;t wanna die as looser in option business

This happens only once in 1 decade when a looser by his own will transforms himself into Wolverine....

when u are in losss and u supass that loss then i think that requires Lions Heart



ppls that win for consistent 3 months more Daring ? OR guy that surpasses his losses
You Decide Smiles :)

When u are on top in market give away wealth to parent / loved one .. thats only way
you have to digest profit .
that is what i did i gave away my wealth to family member and have kept 1.5 laks in trading account and another 400K as backup in my fd for trading.

Hope now u know why options are sins Pure alike Gambling


Time 3:30 pm after option trade i am like :--




Moral of story :-- Kids stay away from Options .. paper trade for 6 months if you are in profit Only then come in option business :) else You will end like "Messing with fii (Best)Die like rest "

I haven;t met person thats Virgin in option Trading coz markets F's them all :)
 

Tuna

Listen and act, don't ask it, it doesn't oblige
Thanks for sharing this Vijay, worth a good read.


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My systems makes that much profit; but I don't. LOL . Well I have quite a few systems and I follow each one ( total 4 ) for my Nifty trades. Fool's system (30mins ) the latest addition to the arsenal - leas than 3 months old, too early to judge its performance. But it is not new or unknown in market. There is one open source called Holy Grail which only uses 20 Ema and ADX, I got rid of ADX for ops TF and sticked to STI on daily for trend direction.

Let see how it fares. I will keep posting the logs.

I am working on something newer (and if that fares well, credit will go to OBV ledge Varun) - I want live testing of same for next 6 months with real money - shall work on NIFTY, BNF and Crude ( 30 mins for first 2 , 5 mins for last ) , will let all know.


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Bro,

If you dont mind can you throw some light on the 20EMA+ADX system.

Thanks a lot,
 

Tuna

Listen and act, don't ask it, it doesn't oblige
It is an intraday trading technique using 20 EMA as dynamic support or resistance based on the trend. You have to start checking from 10 mins TF, 15 mins , 30 mins, 60 mins -- till you find that ADX(14) > 25 . Once that TF is found check if price is above or below 20 EMA. Suppose u found that on 10 mins TF , ADX is 30 and price is tad above 20 EMA. You will enter at break down failure of the 20 EMA And book profit once upmove is back. SL may be below the last candle WHICH drifted before 20 EMA . Has a good hit rate, but no clear exit rules. Opposite for Bearish ( if price below 20 Ema and ADX trending).

I spent lots of time on this system. Frankly speaking it has good hit rate - only twist I prefer, take the trade if the direction of the lower TF is in favour of daily trend ( unless market is sideways on daily, otherwise use the vanilla one )


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Tuna

Listen and act, don't ask it, it doesn't oblige
...

I am working on something newer (and if that fares well, credit will go to OBV ledge Varun) - I want live testing of same for next 6 months with real money - shall work on NIFTY, BNF and Crude ( 30 mins for first 2 , 5 mins for last ) , will let all know.


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Varun Bro,
Thanks. This trading was not even looking at price (kind of).

@ Rest: I will publish the setup after some more testings. Don't want any of you to burn your finger trying something new.



 

Tuna

Listen and act, don't ask it, it doesn't oblige
GM Tuna sir , pls guide me the settings of OBV and RSI overlay in your system. The Untested Monster.Thankyou.
That can be done on Pi. RSI overlay on OBV is not possible on kite. There was a post on this thread explaining the same. You can find that post on the new thread started by Vijay on OBV.
 
GM Tuna sir, sorry for asking one more Question.What is the settings of STI for The Untested Monster system.I am very seriously searching one good system for Crude oil trading.Your telling that STI is defualt setting.But i am mostly using MT4 this default setting is defferent then only i am asking this qustion.Thankyou.:confused::confused:
 
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Tuna

Listen and act, don't ask it, it doesn't oblige
STI (7,3) is the default in kite. I keep same. You may be pro trader sis, but if you are moving to a new system, test it for 1 mini lot ( you got me right) and net 200 points at least for 2 months each. Your monthly target. Once done you can scale up size. Don't dent your ledger, crude is notorious . And 200 points a month means you have liberty to skip trading few days as well. I will post my amount and target strategies for crude soon


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TraderRavi

low risk profile
Except for the wife, none of your other reasons are good enough. There are workarounds for all the points that you mentioned. The workaround to get around the wife is a little complicated.

My wife always keeps asking me to get back onto a job.... She's now started quarterly reviews of my performance, and it's hell.
well my advice to her is , please review on monthly basis :D:D
 

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