A Humble Journey: 200 Points Per Year

raynor

Active Member
#61
will enter short again at 8115
 

raynor

Active Member
#62
placed buy order for 3 lots at 8331. nf
 

raynor

Active Member
#63
buy triggered at8331 for 3 lots
 
#64
Hi Raynor,

I liked your style trying to stick to your system. You chosen correct way if you want to continue the trading as a career.

If you want to earn only those 20% return per year there are better ways with minimum time spent.

Example: Open the trading account with the trader who gives good leverage & Write the far away options of Nifty when starting of the month which may give 2000 -3000 per month on your capital.

Suppose today Nifty closed @ 8284. Nifty 7900 Put closed @ around 20. We all are known Nifty may not breach 8000 that much easily. Write 7900 Put 200 Quantity. You will get more than 4000 /- with lesser risk by expiry.
 

raynor

Active Member
#65
got a buy signal on frday.. did the wrong of tracking signals foreign market.. now they are in red.. and i am holding the nf buy.. spending restless night...here after i should shun the tracking of foreign and us market..
 
#66
I think rather than stick to a fixed point target try to implement techniques like GANN. do paper trade for one week. then implement it for intraday trading. start with one lot of nifty. cost around 11000 rs per lot if intraday.

http://www.pivottrading.co.in/pages/advancedGannSquareof9.php

you can use the above link to get the GANN value. enter last day close price and enter 10.00 AM 5 min candle high price.
you will get buy and sell signals as per GANN.
 

raynor

Active Member
#67
notes to me :
I would go long as soon as crossover is clearly visible. Losses can be
substantial only if the candle which created the crossover is a hige wide
range bar. In that scenario you can skip the trade.
 

raynor

Active Member
#68
sl trigrred t 8292 total points: -30+100-40-40
 

raynor

Active Member
#69
pivot at 8341 will go buy above 8341 with 40 pt sl..
 

raynor

Active Member
#70
last loss can be attributed since i took the trade ahead out of restlessness.. previous loss may be right but l learnt one thing.. two losses and two learnings i have ...vow.. i donot know how many things i am going to learn
 

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