I had the same thought last year and I designed similar 2 ur concept but with Nifty options. With 10K u can reach 4crore. Though not that target but 40 lakhs can be achieved...5 points a day in option i.e 8 points a day in Nifty.
I saw ur thread today and liked it. Thanks anyway, I am on my way.
I saw ur thread today and liked it. Thanks anyway, I am on my way.
There is nothing wrong in conceiving an idea. The key of success lies in putting into work and spinning the money. This gap between the two is so wide and usually unimaginable for novice traders.
It starts from backtesting it on historical data, deriving some tweaks, discounts for execution flaws, unusual volatility (which hits stops ruthlessly), selecting suitable instruments, capital adequacy to withstand a row of losses, building unshakable confidence in the system etc.
If we start from 50:50 win loss ratio as in random theory, making adjustments for loss trades minimizing losses and keeping win trades to run maximising profits, i think we can.
Nothing is impossible as well as everything is not possible.
Regards
veluri
It starts from backtesting it on historical data, deriving some tweaks, discounts for execution flaws, unusual volatility (which hits stops ruthlessly), selecting suitable instruments, capital adequacy to withstand a row of losses, building unshakable confidence in the system etc.
If we start from 50:50 win loss ratio as in random theory, making adjustments for loss trades minimizing losses and keeping win trades to run maximising profits, i think we can.
Nothing is impossible as well as everything is not possible.
Regards
veluri
I didn't get your lecture. Novice IIM graduate are never given main roles, neither novice softawre engg add code to the real time product. Don't write stupidly.
Using strict SL it is possible, if u spend good time with market and your brain is solid.
Using strict SL it is possible, if u spend good time with market and your brain is solid.
http://www.traderji.com/trading-dia...dates-only-if-ive-freetime-97.html#post534382
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