Hello readers, I have a best Nifty strategy, belive it or not. I have been trading on it for last 4 months and got 78% returns on capital in 4 months although my capital size is not very big. And I didnt follow rules of stratgey due to fear ( no greed, only fear). If I had followed it strictly without fear, I could get more profit.
Even today on 9th august 2011, It gave buy above 4987 with just small SL of 4970. Almost everyday It works. If it fails then we initiate trade on other side of stop loss. There is hardly 1 or 2 days in month when SL of both sides hit. And SL are small less than 20 pts. Once the trade goes in our favor, we may revise SL to cost for rest qty by booking half qty in 20 pts profit or hold with origional SL depending on easy condition. For example if buy comes above 4987 and Tgt is 5010, then at 5010 if price is below 20 ema, then revise sl at cost and if price is above 20 ema, then hold with origional SL. Vice versa for shorts.
So my point was that I want to make AFL of this strategy. There is no point discussing, and wasting time with people about this strategy who criticise everything . Probably such people dont want even 18 Pts SL in signle day of month. They want something magic system dircet from God. So I want to discuss and reveal strategy with people who are intelligent, and can make AFL of this. You can later backtest it too, it really gave and still gives excellent profits. AFL writing masters can send me private msg, as i guess posting personal emails is not allowed on traderji. Thanks
Even today on 9th august 2011, It gave buy above 4987 with just small SL of 4970. Almost everyday It works. If it fails then we initiate trade on other side of stop loss. There is hardly 1 or 2 days in month when SL of both sides hit. And SL are small less than 20 pts. Once the trade goes in our favor, we may revise SL to cost for rest qty by booking half qty in 20 pts profit or hold with origional SL depending on easy condition. For example if buy comes above 4987 and Tgt is 5010, then at 5010 if price is below 20 ema, then revise sl at cost and if price is above 20 ema, then hold with origional SL. Vice versa for shorts.
So my point was that I want to make AFL of this strategy. There is no point discussing, and wasting time with people about this strategy who criticise everything . Probably such people dont want even 18 Pts SL in signle day of month. They want something magic system dircet from God. So I want to discuss and reveal strategy with people who are intelligent, and can make AFL of this. You can later backtest it too, it really gave and still gives excellent profits. AFL writing masters can send me private msg, as i guess posting personal emails is not allowed on traderji. Thanks