March series results:
This month again, I have to repeat what I said at the end of the Feb series - I am very lucky to close this series +ve. This was a wild swinging performance.
Capital utilization (all trades were NRML): 55 to 95%
Net capital change (after costs): +5.81%
Cumulative net capital (after costs) change for the Jan, Feb and Mar series: +35.22%
ORB system: +105.74 points in 19 trades.
Traded ORB on all days. Used 55-75% of my capital everyday on ORB trades.
On 3 days, I was traveling, and traded ORB on mobile.
I will ignore the non-ORB trades in this report, because I am temporarily dropping them from my agenda. The purpose for the non-ORB systems was to complement ORB, but that was not achieved. The TV system that I used usually performed well when ORB went well, and gave a loss when ORB lost. No purpose in trading a system that was +vely correlated, and worse than ORB. So, tomorrow i plan to trade ORB in SBI.
Here is how the capital swung for me:
26/02/2014 100.00%
28/02/2014 96.54%
03/03/2014 93.17% Including monthly brokerage
04/03/2014 104.67%
05/03/2014 103.90%
06/03/2014 104.93% Stopped TV system
07/03/2014 108.65% Mobile trading
10/03/2014 110.66%
11/03/2014 108.47% Mobile trading
12/03/2014 106.57%
13/03/2014 103.56%
14/03/2014 101.12%
18/03/2014 98.31% Traded ORB+SAR
19/03/2014 94.64% Traded NRB SAR
20/03/2014 90.81% Tried 3 systems
21/03/2014 91.99% 1 lot discretionary
24/03/2014 99.33% TV system
25/03/2014 98.77% Mobile trading
26/03/2014 100.64% 1 lot discretionary
27/03/2014 105.81%