Just sharing my thought.
Why not successful consistent traders or say experienced folks here can share their strategy and all rules they follow. That may be beneficial for new comers who willing to read and pick what is useful and make their own trade plan.
Below things can be shared by...
i am also happy client of FINVASIA NEST, only problem i face (probably once in a month).. rate wont refresh.. mostly after net re-connect.. i relogin to NEST (which takes max 10 seconds) and everything fine.
Not sure if issue at your end is with NEST version or Internet or System configuration...
Even in case of mechanical trading, you will never know how long current DD may go on right?
It may surpass historical DD also. i think these are problems faced by every type of trader, they tackle in different ways.
Unfortunately this is lowest ROI in last 4 years. my wife traded 2015, 2016, 2017 till mid of 2018. with avg ROI per year around 77%. So far there is no compounding, as we withdrawn profits time to time.
In coming days, we will move to mechanical as we realized biggest hurdle with discretionary...
All trades in Nifty -- Options (traded weekly initially, shifted to monthly from last 3 months)
Trade Quantity = (1% of capital / initial risk in trade)
If in DD, risk per trade reduced to 0.50% of capital.
Being discretionary trader, i rarely take full SL.
After started trading in options...
So far Nov series is very choppy and no move seems to sustain for long. in my recent memory, this kind of PA happened through out June month. That time i suffered with 14% DD (straight fall in equity curve, you can see). so far nov month, managed to minimize loss by active trade management...
Specially if they are in service companies and not exposed to technical work.
mostly managers will work on resource management, project task monitoring etc. and many clients wont give billing. so, they are perfect candidates when ever layoffs planned. sad thing is if not having any other skill...
Looks like good configuration. I will try getting this hardware configuration in n assembled. I have IPS dual monitors already. Wanted to go for CPU. My 10 year old Sony Viao grown quite old. Time for upgrade :)
Seen msgs for laptop for trading purpose.
How about assembled PC with higher configuration. Cost wise it will be less compared to branded laptops, maintanence easy as we can get repaired or replaced.
Also laptop not so comfortable to view charts. Isn't it :)