Dear Friends,
First let me thank SAINT for his classic example to plan and excute a method and teach the other forum members, who has been my inspiration for my new attempt.
I am trying to achieve Rs.5 Lacs target with an investment of Rs. 50,000 /- in one years time trading intraday in Nifty Futures.
Capital - Rs. 50,000 /-
Risk - Rs. 50,000 /-
Target - Rs. 5,00,000 /-
Monthly Expenditure for data - Nil .
I defenitely have a plan (method as SAINT calls) to do the trading. I have back-tested it.I will let you know in (15 days)that which is already available in most of the members.
I have being a Positional trader in Nifty Futures mostly, and am happy about the same. After following SAINT's work, I found that I would start my day-trading and will also explain the methodolgy used in it. I will not spend any money on RT data in the begining may do it in future.
I would like our members to post their comments on this.
I am planning to start it from 3rd Nov 2008.
muralitr.