Friends,
Experts ( notably, Wayne Thorp) say that trading just one stock has a positive effect on our equity.
It may be helpful for learners to try out this strategy. So I am trying this for a month with Asian Paints.
Back testing for the past 30 days (manually) showed 200% return (with 10x leverage). Let's see how it goes.
Method: 13-49 EMA Cross over on the 5 min. Stop loss: Previous high/low. Target: Double the stop distance.
Update: While backtesting, I calculated till EOD if not stopped out. So will hold till EOD.
Experts ( notably, Wayne Thorp) say that trading just one stock has a positive effect on our equity.
It may be helpful for learners to try out this strategy. So I am trying this for a month with Asian Paints.
Back testing for the past 30 days (manually) showed 200% return (with 10x leverage). Let's see how it goes.
Method: 13-49 EMA Cross over on the 5 min. Stop loss: Previous high/low. Target: Double the stop distance.
Update: While backtesting, I calculated till EOD if not stopped out. So will hold till EOD.
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