The money, method and mind are in synch.
The system is of swing in nature and based on common available tools in Amibroker. Purely mechanical in nature hence no emotions of fear or greed or hoping.
There is stop loss for every trade and a profit target as well.
When in trade, the exit is on any one of the following.
1. stop loss hit. or
2. Profit target hit. or
3. In case of neither (1) nor (2), the reverse signal.
Aim is to be profitable at the end of a year. Monthly/quarterly/half yearly P & L is not going to decide the fate of this system.
This thread is more of a log diary to track it for a reasonable period.
This month signals so far.
04/11/2015......Buy @ 8132
04/11/2015......Short @ 8106 (Reverse signal)
Loss of 26 points.
Still holding the shorts.
The system is of swing in nature and based on common available tools in Amibroker. Purely mechanical in nature hence no emotions of fear or greed or hoping.
There is stop loss for every trade and a profit target as well.
When in trade, the exit is on any one of the following.
1. stop loss hit. or
2. Profit target hit. or
3. In case of neither (1) nor (2), the reverse signal.
Aim is to be profitable at the end of a year. Monthly/quarterly/half yearly P & L is not going to decide the fate of this system.
This thread is more of a log diary to track it for a reasonable period.
This month signals so far.
04/11/2015......Buy @ 8132
04/11/2015......Short @ 8106 (Reverse signal)
Loss of 26 points.
Still holding the shorts.