There are numerous threads in this forum to give live calls on Nifty and Banknifty futures and options. But, these are of no use for traders like me who are full time employed and are not able to monitor the trades through out the day.
Traders who are looking for EOD based trades may have a look at these trades for a while to see if these are workable or not. Be cautioned that it requires deep pockets to withstand drawdowns. Though I have backtested this strategy it is worthwhile to watch these calls in real time.
Strategy consists of two tier positions.
Tier One
One lot either long or short ranging anywhere between 1 day to 1 month or more.
Tier Two
One lot either long or short usually ranging between 1 day to 3 days.
Tier Two trades since 07/7/2010.
Traders who are looking for EOD based trades may have a look at these trades for a while to see if these are workable or not. Be cautioned that it requires deep pockets to withstand drawdowns. Though I have backtested this strategy it is worthwhile to watch these calls in real time.
Strategy consists of two tier positions.
Tier One
One lot either long or short ranging anywhere between 1 day to 1 month or more.
Tier Two
One lot either long or short usually ranging between 1 day to 3 days.
Code:
[U][B][COLOR="Red"]Tier One[/COLOR][/B][/U]
1 lot Banknifty Long since 07/7/2010 @ 9500.
Code:
[B][U][COLOR="Green"]Tier Two[/COLOR][/U][/B]
Go long 1 lot Banknifty on 26/7/2010 preferably at open price.
Code:
08/7/10 Short 9784
12/7/10 Long 9723 +61 points
15/7/10 short 9961 +263 points
16/7/10 Long 9925 +36 points
21/7/10 short 9993 +68 points
22/7/10 Long 9949 +44 points
Kindly explain the Statergy in Detail of above mentioned Bank Nifty Trades.
By which Calculation all the Trades were Entered & Exited. These ranges are calculated for the Day, Week,I mean how Entry & Exit points are Calculated and how Trades are put & executed.
Lastly how you Trade, do you keep watch whole day or simply place orders in the morning & forget for the day.
I would be thankful for your information.
Regards
Karanm