Metallica - Rocking the Metals (Trending with MA)

#1
hi all,

been a long time back testing the metals and finally settled on a simple strategy. please note that this is the first live test so do take this with a pinch of salt as of now, lol. i shall put in my trades and thoughts as and when i enter/exit trades and see how it goes.

chart period - 1 hour (base chart, reference chart, signal chart etc) - no other time frame
sma - 50 and 200 (semi naked chart - no other indicators)
all are mini lots and all on nrml and no lots on mis even if square off is done on the same day.

traded metals are alumini, coppermini, leadmini, nickel mini, silvermini and zincmini.

entry buy trigger - when candles over 50 sma and after 50/200 sma crossover has clearly occurred.
no stop loss or target - both dictated by crossovers.
exit trigger 1 - if small profit - at time the price candles form below 50 sma and 50 is dipping
exit trigger 2 - if decent profit - at time of crossover of 50/200 sma

caution - do not trade when price candles between 50/200 sma (due sideways/consolidation etc) unless running profit is large enough to risk a bit of it.

simple enough i guess - let us see how good the live testing goes.

my starting capital is 42000 and my monthly target expected is anything above 5% which i feel is good enough- ie 2100 profit approx (ie on a 20 day average month - it works out to say 0.5% ie say 100 on an average).
ill give it a month or a few before expanding the account.

i shall be using the full capital most of the time. try not to leave my capital idle if trades are available.

the testing is live and nothing else matters, lol.
 
#2
trade 001 -004:

entry: 001 to 004
10:33:17 COPPERM 18FEBFUT MCX BUY 1 /1 448.75 NRMLCOMPLETE
10:32:46 LEADMINI 18JANFUT MCX BUY 1 /1 164.1 NRMLCOMPLETE
10:30:54 ALUMINI 18JANFUT MCX BUY 1 /1 134.2 NRMLCOMPLETE
10:25:55 ZINCMINI 18JANFUT MCX BUY 1 /1 206.15 NRMLCOMPLETE

i think my laptop is the culprit. i lost the charts suddenly. net connection is ok. ill re-check the laptop, use the back up for a while maybe. i decided to square off all positions as a safety measure due loss of charts & also as my day profit was good. this is the second time the loss of charts has happened in quick succession over a period of the last few days - hope its a minor glitch in the laptop.

exit: 001 to 004
14:47:47 ZINCMINI 18JANFUT MCX SELL 1 / 1 206.65 NRML COMPLETE
14:46:59 COPPERM 18FEBFUT MCX SELL 1 / 1 450.15 NRML COMPLETE
14:46:09 ALUMINI 18JANFUT MCX SELL 1 / 1 134.3 NRML COMPLETE
14:42:17 LEADMINI 18JANFUT MCX SELL 1 / 1 164.6 NRML COMPLETE


POST TRADE ANALYSIS: (lot cost is approx and so is the brokerage and taxes etc).

ZINCMINI - NET PROFIT RETURN APPROX 4% OF INVESTMENT
COPPERM - NET PROFIT RETURN APPROX 3% OF INVESTMENT
ALUMINI - NET PROFIT RETURN APPROX 0.2% OF INVESTMENT
LEADMINI - NET PROFIT RETURN APPROX 3% OF INVESTMENT
overall it has been 3% returns for the day.

hope the old/back up laptop works well, been a long time - since it has been gathering dust, lol.

seems to be working fine for the moment.

trade 005

16:56:04 SILVERM18FEBFUT MCX SELL 1 / 1 37655 NRML COMPLETE
15:00:01 SILVERM18FEBFUT MCX BUY 1 / 1 37562 NRML COMPLETE

approx 3% return on the trade.


trade 006:

18:46:54 NICKELM18JANFUT MCX SELL 1 / 1 770 NRML COMPLETE
18:00:26 NICKELM18JANFUT MCX BUY 1 / 1 768 NRML COMPLETE

approx 1.5 % return on the trade.

taking a break for a while, take care.

trade 007:

technically the wrong place to post this trade as this was energy / natural gas but had a go with 2 lots on mis as was perfect for a micro scalp.

20:15:13 NATURALGAS18JANFUT MCX BUY 2 / 2 171.9 MIS COMPLETE
20:10:45 NATURALGAS18JANFUT MCX SELL 2 / 2 172.3 MIS COMPLETE

not good from risk/reward point of view as i went into the trade with a 1:1 risk reward - approx 50 paise either way i would have closed the trade.
now, it does not seem bad with lady luck hugging me - made 2.5 % of investment approx.

on a serious note - must stop this scalping and use it as minimum as possible.
i am tired now, big time - really - has been one hell of a lucky day, lol.
 
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#3
trade 008 -011:
these were taken last night
22:53:51 COPPERM18FEBFUT MCX BUY 1 / 1 453.85 NRML COMPLETE
22:42:16 ALUMINI18JANFUT MCX BUY 1 / 1 135.35 NRML COMPLETE
22:26:25 ZINCMINI18JANFUT MCXBUY 1 / 1 206.3 NRML COMPLETE
22:18:06 SILVERM18FEBFUT MCX BUY 1 / 1 37615 NRML COMPLETE

squared off trade 009 to 011: (holding 008)
20:55:09 SELL COPPERM18FEBFUT MCX 1 / 1 454.55 NRML COMPLETE
20:53:12 SELL ALUMINI18JANFUT MCX 1 / 1 136.20 NRML COMPLETE
20:50:28 SELL ZINCMINI18JANFUT MCX1 / 1 207.10 NRML COMPLETE

approx return on trades asf:
009 - zinc mini 6%
010 - alumini 10%
011 - copper 1.5%

held myself back from scalping crude or nat gas - so far, lol. overall so far - i think its approx 3.5% returns for the day.

hope you guys had a good day.

edit: squared off trade 008 in loss, lol

23:05:36 SELL SILVERM18FEBFUT MCX 1 / 1 37,607.00 NRML COMPLETE

approx loss in trade value - 1.3% approx

goodnight guys, no holdings - for now.
 
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