He traded Nifty and Bank Nifty together and some trades with 2 lots.
All most both failed in failure trades and both succeeded in winning trades.
The drawdown is 8.8% and not 3.5%.
As per his backtesting the max drawdown was 2% and max consequetive faliures 5 trades.Not sure if he included transaction costs in the backtesting.
Probably some thing wrong with the backtesting results.
In a move from 10410 to 10700 it just captured 21 points rest all failure.
Better to paper trade for some time and make sure the system is as per his expectations than to further risk not knowing if the system really has possitive expectancy or not.
All most both failed in failure trades and both succeeded in winning trades.
The drawdown is 8.8% and not 3.5%.
As per his backtesting the max drawdown was 2% and max consequetive faliures 5 trades.Not sure if he included transaction costs in the backtesting.
Probably some thing wrong with the backtesting results.
In a move from 10410 to 10700 it just captured 21 points rest all failure.
Better to paper trade for some time and make sure the system is as per his expectations than to further risk not knowing if the system really has possitive expectancy or not.
@Veeramuthu JJ : whats your next update / plan of action .. please ..