Pivot Trading- a new way of Trading

[niftytaurus]

Dear Shubhadeep Bro
This is Back test result of Oct month..
total trades-17
profit trade -10
loss trade -5
Be trade-2
P points= 181 points
loss points=68 points
gross points=113 points
but if I reduce slippage & trade cost..its 5 points per trade..so total cost of 17 trade is 85points..so Net points are just 28 points..
So I am worried about this..
If I retest it with filter & round no rules..difference will be not more..what to do for that ?
thanks

 

[Subhadip]

Dear Shubhadeep Bro
This is Back test result of Oct month..
total trades-17
profit trade -10
loss trade -5
Be trade-2
P points= 181 points
loss points=68 points
gross points=113 points
but if I reduce slippage & trade cost..its 5 points per trade..so total cost of 17 trade is 85points..so Net points are just 28 points..
So I am worried about this..
If I retest it with filter & round no rules..difference will be not more..what to do for that ?
thanks

ok... 5 point per trade Brokerage.. strange.. go for Zerodha...

not to retest, but use Filter in trade, some of false trade will go away

 

[monkeybusiness]

Sent ,Check ur PM

Thanks Bro.

 

[vivektrader]

Continuation post to post no. 1580
regarding my interpretation of IDF
This covers the remaining two conditions:
Open Gap down into yesterday's range.
And
Open gap up in yesterday's range

It's based on STsir's input :
In both these conditions we should first let the visual pivots of today form, then go long or short at the break of today's visual pivot.

Below example is of open gap down in Yesterday's range

Any difference in interpretation or comprehension of IDF is totally unintended, the original post of IDF is post no.134 on page no.14 which should be interpreted individually. Any clarification may be addressed to the thread owner.
Thanks everybody
Dr. Vivek

 

[niftytaurus]

ok... 5 point per trade Brokerage.. strange.. go for Zerodha...

not to retest, but use Filter in trade, some of false trade will go away

Brokerage is not 5 point but Total cost of trade
1)TAX & turnover cost:150 rs-2 points
2)brokerage-broker is zerodha only-40 rs-0.5 point(I can use Rksv also as they give me a fixed monthly brokerage).
3)Slippage- 1 point for buy & 1 point for sale- 2 points
so total cost for every trade is 5 points..

this cost takes away so many points..it is real cost which we need to pay from profits only

 

[niftytaurus]

ok... 5 point per trade Brokerage.. strange.. go for Zerodha...

not to retest, but use Filter in trade, some of false trade will go away

Hi
Ya!If I use filter ,some false trades may go away..but I have retested that..then results is not much different.
I am concerned that if I use that method right or not? Thatsy I posted charts..Is applying of my method is right? I meant did I take entry & exit are right? or some problem in my understanding?
Thanks

 

[Subhadip]

Hi
Ya!If I use filter ,some false trades may go away..but I have retested that..then results is not much different.
I am concerned that if I use that method right or not? Thatsy I posted charts..Is applying of my method is right? I meant did I take entry & exit are right? or some problem in my understanding?
Thanks

Method understanding is ok apparently.

If you need more, test 5 min as lower TF & 15 min at Higher TF.

You are thinking of 1 lot in one trade, think of 10 or more lots per trade, then this 100 point is so efficient

 

[niftytaurus]

Method understanding is ok apparently.

If you need more, test 5 min as lower TF & 15 min at Higher TF.

You are thinking of 1 lot in one trade, think of 10 or more lots per trade, then this 100 point is so efficient

Thanks for your patience
I am happy with 100 points also..but after cost, its just 28 points..

 

[Subhadip]

Thanks for your patience
I am happy with 100 points also..but after cost, its just 28 points..

think of two lot....200 points, cost 35 points,

think of ten lots, 1000 points, cost 200 point max..

:clap::clapping::thumb:

 

[niftytaurus]

think of two lot....200 points, cost 35 points,

think of ten lots, 1000 points, cost 200 point max..

:clap::clapping::thumb:

Sir
Sorry to bother you
But I am still not understanding..Increase lot size will decrease only brokerage cost..
But still Govt taxes & turnover cost will increase with lot size..
tax & turnover charges are some 120-150 rs per lot of nifty..which is fixed..means 2 point on every trade..
minimum 1 point slipaage on buy & 1 point on sell..so minimum 2 point slippage has to give..even lot size increase will increase slippage also..
so 4 point is fixed cost..which have to give on every trade
sorry for my dumb skull..but please explain
thanks