Can we do day trading as a profession only with crude oil?

  • Yes

    Votes: 26 83.9%
  • No

    Votes: 5 16.1%

  • Total voters
    31
June track record.
1530268866785.png


It looks some additional checks needs to be done along with GANN level. If we consider only GANN levels, bit difficult to get good success rate.
Kindly suggest if anyone have inputs on this.
 

newtrader101

Well-Known Member
June track record.
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It looks some additional checks needs to be done along with GANN level. If we consider only GANN levels, bit difficult to get good success rate.
Kindly suggest if anyone have inputs on this.
I've not back tested this but how about taking the initial value at:
  • a high or a low OR
  • at an oversold or over bought level
  • Also, higher volume move (like 2x times previous bar volume) is more likely to hit the next gann level.
 
Last edited:

imfine

Well-Known Member
Good. Keep it up.
Work on your RR. It will trouble you when you will increase qty. Also crudeoil BNF NF perform well positionally. If doing papertrade then try.
 
Hi,

As i tracked GANN based entries, its not giving profit as well as loss(break even). Still needs to be added some more additional factors to decide entries. Pause for now, working parallel.

Meanwhile I am concentrating on one my strategy and sharing the status. As per this strategy, the risk reward will be 1:1 or less based on call. Target is fixed as 45 points based on tracking so far.

It is paper trading from 22nd June to till date.

1531914530461.png

I will be start sharing the strategy with chart once i completed my 2 months paper trading.

Note: Today's call is not activated so far.

Thanks..
 

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newtrader101

Well-Known Member
Hi,

As i tracked GANN based entries, its not giving profit as well as loss(break even). Still needs to be added some more additional factors to decide entries. Pause for now, working parallel.

Meanwhile I am concentrating on one my strategy and sharing the status. As per this strategy, the risk reward will be 1:1 or less based on call. Target is fixed as 45 points based on tracking so far.

It is paper trading from 22nd June to till date.

View attachment 26708
I will be start sharing the strategy with chart once i completed my 2 months paper trading.

Note: Today's call is not activated so far.

Thanks..
Its 2650 on a margin of 5500 (CrudeMini) isn't it? More than 50%.
 
Hi,

As i tracked GANN based entries, its not giving profit as well as loss(break even). Still needs to be added some more additional factors to decide entries. Pause for now, working parallel.

Meanwhile I am concentrating on one my strategy and sharing the status. As per this strategy, the risk reward will be 1:1 or less based on call. Target is fixed as 45 points based on tracking so far.

It is paper trading from 22nd June to till date.

View attachment 26708
I will be start sharing the strategy with chart once i completed my 2 months paper trading.

Note: Today's call is not activated so far.

Thanks..
Yesterday's Buy call activated after inventory, updated table below.

1531979371632.png
 

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