How to make profit each month using given ALGO

[tejas_joshi]

exited from GIPCL at 96 target achived
exited from igarashi at 719 target achived

 

[tejas_joshi]

Booked profit in suprajit industries at 197 target achived

 

[TraderJunkie]

4 months is not enough in terms of back tested data. Also, is this a long only strategy ? If so you have benefited with markets moving only higher and higher from March. I would like to see your back tested results for month of Jan and Feb when markets were falling

 

[tejas_joshi]

Zyduswell touched 826

 

[tejas_joshi]

4 months is not enough in terms of back tested data. Also, is this a long only strategy ? If so you have benefited with markets moving only higher and higher from March. I would like to see your back tested results for month of Jan and Feb when markets were falling

Mr. TraderJunkie I am not god neither I have any magic wand that will make miracle. But you are right non of the system in world works when there is a panic selling or big fall in market.And that's the reason we have our protector called as stop loss.We have to manage our profit and loss equally, you should not only concentrate on profit , but should keep in mind abut the worse, that's called as trading.

 

[tradingstudent]

Hi Guys I have designed an complex algo which will give you profit on selected stock every month. I am not saying that each stock would give you profit , but yes I can confirm that overall profit earn at end of the month is unbelievable i.e upto 50 to 150 %

The only catch is you have to enter into trade whenever any stock is screened by this algo. You can trade with little quantities as per your risk but the profit is gurnateed

I have back tested the results and I can share the results if you guys are interested in this thread. Please let me know your thoughts.

I will share more if once I get your feedback.

Hello Tejas Joshi,

First and foremost congrats on designing a algo trading system...:thumb:

One question from my side is, (please don't take it in the wrong way)...

Where do you see this thread heading?

Do you plan on sharing the algo system? or is this thread for posting the results for reference?

I feel even if you can share something along like the lines of what your back ground is, why you zeroed in on algo trading vs other trading methods and most importantly how did you go about designing the system etc... would be beneficial to the members instead of just the results...

Say, how you started preparing for this algo like what books you read and or how the frame work panned out etc etc... :thumb:

Thanks and all the best...

 

[tejas_joshi]

Buy Esselpack at cmp 214 tgt 224 , 225 sl 209

Buy Va Tech Wabag Ltd cmp 584 tgt 625 sl 570

 

[debashish neogi]

Buy Suprajit at cmp 192 sl 186 tgt 200 and above

Buy NHPC at CMP 25.05 sl 24.6

Hello Tejas joshi, I am not discouraging you but to bring to your notice that Suprajit buy was at 192 and sl was at 186. DT.08/08/2016 it touched a low of 185/- and hence stoploss triggered. On 10/08/2016 you posted that you booked profit in this scrip at 197/-. Please check.

 

[tejas_joshi]

Hi Debashish Your are right it did touched at 185 on 8th August but it was opening trade at 9.15 am and you should never trade in opening hours coz most operators come in action at opening if you see stock did picked up soon after that.also pls note I put my stop loss every day as my broker zeros ha doesn't allow goo till date option and I suggest you should never use good til date option as u don't know the next day scenario.

 

[tejas_joshi]

Hello Tejas joshi, I am not discouraging you but to bring to your notice that Suprajit buy was at 192 and sl was at 186. DT.08/08/2016 it touched a low of 185/- and hence stoploss triggered. On 10/08/2016 you posted that you booked profit in this scrip at 197/-. Please check.

Default Re: How to make profit each month using given ALGO
Hi Debashish Your are right it did touched at 185 on 8th August but it was opening trade at 9.15 am and you should never trade in opening hours coz most operators come in action at opening if you see stock did picked up soon after that.also pls note I put my stop loss every day as my broker zeros ha doesn't allow goo till date option and I suggest you should never use good til date option as u don't know the next day scenario.