Scalping and more in Nifty Futures

[rh6996]

Its Derivaive close, afraid, and also the morning High Low created in 5 min. chart at 9:20 is still intact. No movement worth a try hence avoiding trades today ! Still waiting for a convicing move. Moreover the System did not generate any signal nor could eye any R:R trade !

 

[rh6996]

not updated final trades........

Fail ka report card guardians ho show nahee karte isiliye dar lag raha thaa :


Report card for 27th Nov 2013 : at 15:30
Gain/Loss : 14+14+5-8+3-12-24-4-6+21= -1 point

Trade levels not mentioned for following trades :
+6050 2 lots exit : 6044 loss 6X2
-6044 2 lots exit : 6056 loss 12X2
+6056 2 lots exit : 6057.45 gain 1.5X2
-6057 2 lots exit : 6061 loss : 4X2
+6061 2 lots exit : 1X6075 and 1 X 6068 ,Gain=14+7

 

[Xitij]

Arre ! I did not take the last 3 trades. I ended up loosing around 18 points. You also did not PM or mail me the levels for last 3/4 trades as you had promised.

 

[rh6996]

From 1st Nov till 27th Nov : 16 sessions

Total trades : 131 X 2 lots each
Total profit as per System : 1680 points*50= 84000
less expenses for 262 lots = approx 17000
NET PROFIT generated by the system, without slippage and brokerage : 67000!

Actual profit attained : 12650
Total trades : 122 (Mostly 2 lots were traded in each trade.)
Profit after expenses and slippage : 12650 less brokerage.



Sure to improve in December as feel more confident as time passes !

 

[Xitij]

rh, What is the SL now for the long trade above 6182 ! I could enter at 6186 only. I exited 1 lot at 6299 ! CMP is >6300 ! Keeping SL at cost till I hear from you. No post here, neither any PM after the Trade level and that too after I requested you.
Are you offended by my pestering. Frankly, I need trading levels. I have tried to follow a few others but most people are just busy trading and not bothering to help people like us.
People like me are no experts like you all ! And at this age, I am > 66+ , not able to learn the finesse of chart reading, though I did give it a shot, though not very serious effort.

 

[Xitij]

rh, Also remember you also need to make up the loss in last couple of days.

 

[rh6996]

Sorry pcj, I cannot oblige you ! I do not promise to post my trade levels in time for trades. This is part of the exercise to tune my trading as close to the Paper trades as possible.
In the hurry to Post the levels here I loose focus.
I will be posting my actual trades here EOD !
If I am able to post a trade level then I will do my best to keeping posting its status till it exits or hits SL !
I will suggest you to Exit long taken at >6182 at CMP of 6228 !
BTW, this should cover major part of losses in last few days !

 

[rh6996]

Wonderful day ! No whips !
2 lots long at 6182 Exit one at 6199
Holding 1, with SL at 6212.45

 

[TraderRavi]

From 1st Nov till 27th Nov : 16 sessions

Total trades : 131 X 2 lots each
Total profit as per System : 1680 points*50= 84000
less expenses for 262 lots = approx 17000
NET PROFIT generated by the system, without slippage and brokerage : 67000!

Actual profit attained : 12650
Total trades : 122 (Mostly 2 lots were traded in each trade.)
Profit after expenses and slippage : 12650 less brokerage.
Sure to improve in December as feel more confident as time passes !

very good performance in a tough month :clapping::clapping::clapping:
expenses kitna hai ? net profit is > 10000 ?

 

[rh6996]

Wonderful day ! No whips !
2 lots long at 6182 Exit one at 6199
Holding 1, with SL at 6212.45

Exited 2nd Lot at 6225.45 and also reversed to short 2 lots here.
Exited 1 lot short at 6213.55 and 2nd at 6223.55

Reversed to long at 6223.45 and exited both at 6227 !

Todays profit :
17+43+12+3+4+4= 83 points ! Paper trades gave : 89 points.

Apart from gaining 83 points , being able to match the Paper trades made me much much happier !