thanks swami for the explanation. can you give the retun from jan 09. this is mostly a bull market. could have doubled? as long as it beats nifty, then its a good system. many MF struggle to beat the index
can you throw some light on how the signals are generated ? do you have any excel to track the trades?
with 1 L capital, 100 stocks woul mean 1000 rs each on one stock, there is a fixed 30 rs transaction cost on my DP account for outbound delivery. so is it economically viable to trade so many?
can you throw some light on how the signals are generated ? do you have any excel to track the trades?
with 1 L capital, 100 stocks woul mean 1000 rs each on one stock, there is a fixed 30 rs transaction cost on my DP account for outbound delivery. so is it economically viable to trade so many?
bandla b2,
* Last year was one of the worst bear mkt in the history and the retuns are okay for this period.
* in EOD system the work is less. afterhours explore, 10Am execute that is all.
* in 15 MIn or 60 Min trading system we can expect better returns. But see what all u shud do to execute trades. 1) You cannot find out the signals by storing the data in DATA ON DEMAND, your computer wud hang up. 2) Trading needs diversification - your file server will update, on average 6 files in 1 min, to chk 100 securities it wud take 15 mins. So shud employ a skilled person in order to make a layout and open the set of securities, manually merge data and finish the process of saving in 2 mins. Afterwards, u shud explore, get the signals and execute, it will need another professional. If u trade for 15 mins then do all these for 10:10, 10:25, 10:40......3:10, 3:25 and finally 3:25 trades u will not be able to execute. U need third professional to maintain trade log, Continuously check out the impact cost, Delays in order execution and cost of it and many more. Three employees, Quotecentre connection and monthly expenses - All this needs an monthly expenses of Rs.70 to 80K. If u spend this much in fixed cost u shud invest more money to trade 15 min bars. Though u have money, u shud have confidence to trust somebody or even ur own system.
EOD is easier but we can expect only this returns. Many persons are giving calls but if u put those calls in a trade database and simulate u will get negative returns. I am not telling that my EOD is best system. I am telling that system is better than calls.
* Last year was one of the worst bear mkt in the history and the retuns are okay for this period.
* in EOD system the work is less. afterhours explore, 10Am execute that is all.
* in 15 MIn or 60 Min trading system we can expect better returns. But see what all u shud do to execute trades. 1) You cannot find out the signals by storing the data in DATA ON DEMAND, your computer wud hang up. 2) Trading needs diversification - your file server will update, on average 6 files in 1 min, to chk 100 securities it wud take 15 mins. So shud employ a skilled person in order to make a layout and open the set of securities, manually merge data and finish the process of saving in 2 mins. Afterwards, u shud explore, get the signals and execute, it will need another professional. If u trade for 15 mins then do all these for 10:10, 10:25, 10:40......3:10, 3:25 and finally 3:25 trades u will not be able to execute. U need third professional to maintain trade log, Continuously check out the impact cost, Delays in order execution and cost of it and many more. Three employees, Quotecentre connection and monthly expenses - All this needs an monthly expenses of Rs.70 to 80K. If u spend this much in fixed cost u shud invest more money to trade 15 min bars. Though u have money, u shud have confidence to trust somebody or even ur own system.
EOD is easier but we can expect only this returns. Many persons are giving calls but if u put those calls in a trade database and simulate u will get negative returns. I am not telling that my EOD is best system. I am telling that system is better than calls.