my MCX trades.

[nitingosavi]

Crude mini's short covered @ 2058/59 on basis of fixed volume chart. s/l for the same is @ 2058 now. hope 30+ points.

crude TSL hit @ 2098 had a good rally.
sold again 10 mini @ 2098

total position now 1 crude lot long
10 mini crude short

profit after hedging 32 points so far.

 

[nitingosavi]

crude TSL hit @ 2098 had a good rally.
sold again 10 mini @ 2098

total position now 1 crude lot long
10 mini crude short

profit after hedging 32 points so far.

covered short lots(minis)@ 2107 again

 

[nitingosavi]

forgot to update yesterday.

bought copper 293.30

bought lead 107.30

copper booked TSL hit at cost (greed).

lead booked @108.25-- 1 rs per lot is big enough to overcome greed

covered short lots(minis)@ 2107 again

booked @ 2127.. could not have full ride. exited fully.. thank god. later it fallen back.

positions -nil- as of now.

 

[nitingosavi]

bought silver @ 33430.

s/l in place.

 

[nitingosavi]

placed buying s/l order @2106
placed selling s/l order @ 2079

actually not getting any clue. lets see which executes 1st. will immediately trail with smaller s/l.

crude buy s/l excecuted
crude long @2107 7.01 pm

 

[nitingosavi]

placed buying s/l order @2106
placed selling s/l order @ 2079

actually not getting any clue. lets see which executes 1st. will immediately trail with smaller s/l.

crude buy s/l excecuted
crude long @2107 7.01 pm

crude s/l hit @ 2091 .

 

[nitingosavi]

bought silver @ 33430.

s/l in place.

Silver booked @ 33753 :clap::clap:

 

[vijkris]

nitin ji,
Can u give suggestion.?
Its regarding accuracy of a strategy.
Is 40-50% times accurate strategy good enough to make money.?
I m asking it in the context of buy/sell arrows seen in my chart. it is based on inside bar bo/bd. Right now it is showing signals based on every inside bar in the chart.
So is it worth spending time to improve its accuracy using vwap/pivot rules?

thanks

 

[nitingosavi]

bought 2 lot crude minis @ 2045 s/l zero, with full margin. and rollover.

planned to buy and rollover 2 minis each at every 100 points fall.

Zero to nahi ho sakta. rollover cost will be the only worry.

 

[nitingosavi]

nitin ji,
Can u give suggestion.?
Its regarding accuracy of a strategy.
Is 40-50% times accurate strategy good enough to make money.?
I m asking it in the context of buy/sell arrows seen in my chart. it is based on inside bar bo/bd. Right now it is showing signals based on every inside bar in the chart.
So is it worth spending time to improve its accuracy using vwap/pivot rules?

thanks

40-50%+ accuracy may work if your R/R ratio is good or 1:3 or more. its purely R/R ratio game. if your R/R ratio is 1:5 or 1:10 , with these hits you may have less than 40%/30% successful trades with any strategy.

but higher the success rate.. moral boost.. more success.

I don't follow any specific strategy. mostly visual analysis. at specific times what I feels suitable.