Testing Strategy for Breakout Trading through Future and Options

[sabharwal_RK]

I more think I have observed about BO that if they fail they fail quickly...

If they are for real they will either do nothing on low vols or fall slowly back with low vols and tiny candels to the BO levels.

Just an observation not proven by any scientific method....

 

[rajputz]

I more think I have observed about BO that if they fail they fail quickly...

If they are for real they will either do nothing on low vols or fall slowly back with low vols and tiny candels to the BO levels.

Just an observation not proven by any scientific method....

Please Elaborate.

 

[rajputz]

Update as on 22 January, 2015

Ibulhsgfin enetered at around 480. CMP 581.

Ashokley at around 57. CMP 63.

IDFC at around 167. CMP 171.

 

[rajputz]

just checked for update that what would have been conditions on my expiry. Seems good.

Stock Call/Put/Futre Buy/Sell Strike Lot Entry Exit Buy Sell Profit/Loss
IBULHSGFIN CALL BUY 470 500 02-Jan-14 26-Feb-15 27 160 66400

ASHOKLEY CALL feb BUY 60 8000 05-Jan-15 26-Feb-15 1.55 6.8 41900

IDFC CALL feb BUY 165 2000 15-Jan-15 26-Feb-15 11 7 -8100

100200

 

[rajputz]

Looking for longs of HDIL. Not finding a good call option. So waiting to go paper long at it.

 

[rajputz]

Looking for longs of HDIL. Not finding a good call option. So waiting to go paper long at it.

Paper Trade of HDIL going good. Couldnt enter this trade. But the initial assessment is all good.