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  #21 (permalink)  
Old 20-05-2016, 03:28 PM
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Originally Posted by amoghsd View Post
As per system and in general very easy to take decision today..

Short position created @ NF 7885 yesterday to be carried for tomorrow.

Hold Shorts

Next decision will be taken at 3:20 PM of 20/5/2016

As per system decision is taken to close short at 3:20 PM @ NF 7768

Net Profit = 7885-7768= 117 Points
Previous Cumulative = -53 Points ( Loss )

Cumulative = 117-53 = 64 Points Profit

Now carrying no open position and 64 points profit

next decision will be taken at 3:20 PM of 23/5/2016

Last edited by amoghsd; 20-05-2016 at 03:35 PM.
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Old 20-05-2016, 03:37 PM
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Originally Posted by amoghsd View Post
As per system decision is taken to close short at 3:20 PM @ NF 7768

Net Profit = 7885-7768= 117 Points
Previous Cumulative = -53 Points ( Loss )

Cumulative = 117-53 = 64 Points Profit

Now carrying no open position and 64 points profit

next decision will be taken at 3:20 PM of 23/5/2016

Last post edited for typing mistake.. 7885 was written as 7785
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Old 20-05-2016, 03:51 PM
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Originally Posted by amoghsd View Post
Now carrying no open position and 64 points profit

next decision will be taken at 3:20 PM of 23/5/2016

Disclose system verna hum sab milkar nazar laga denge
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Old 20-05-2016, 04:54 PM
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Originally Posted by Ashes View Post
Disclose system verna hum sab milkar nazar laga denge

"App sab ki najar to padi acchi ya buri" doesn't matter.
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Old 23-05-2016, 07:39 AM
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Originally Posted by amoghsd View Post
As per system decision is taken to close short at 3:20 PM @ NF 7768

Net Profit = 7885-7768= 117 Points
Previous Cumulative = -53 Points ( Loss )

Cumulative = 117-53 = 64 Points Profit

Now carrying no open position and 64 points profit

next decision will be taken at 3:20 PM of 23/5/2016

More than a week over for live test. Let me take this opportunity to put some performance of system..

This week give me opportunity to compare my systems performance and performance of system suggested by No1 & MurAtt in same market condition live.. Thanks to both of them to provide this opportunity.

I am doing this exercise now as don't have any open position today..

Let me take liberty of adding back test results to live test results for month of May. Before live test it generated a positive return of 66 points in 2 trades..

So for month of May up till now carrying a overall profit of 66+64 = 130 points.

Here is end of live test. Performance was positive and satisfactory.

Now let me compile all things together and put it in front of you.
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Old 23-05-2016, 12:18 PM
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Originally Posted by amoghsd View Post
More than a week over for live test. Let me take this opportunity to put some performance of system..

This week give me opportunity to compare my systems performance and performance of system suggested by No1 & MurAtt in same market condition live.. Thanks to both of them to provide this opportunity.

I am doing this exercise now as don't have any open position today..

Let me take liberty of adding back test results to live test results for month of May. Before live test it generated a positive return of 66 points in 2 trades..

So for month of May up till now carrying a overall profit of 66+64 = 130 points.

Here is end of live test. Performance was positive and satisfactory.

Now let me compile all things together and put it in front of you.



You will be making this system public!!!

-- no1lives4ever
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Old 23-05-2016, 01:14 PM
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Originally Posted by amoghsd View Post
In this thread i am going to test the system live.

Basically it is positional system to trade Index ie Nifty Future.. Idea is to trade the trend and avoid sideways market..

Entry and exit decision is to be taken on closing basis only ie between 3:20 PM to 3:30 PM

Decision can be as take new trade or square off existing trade or dont carry any position..

System back tested for previous 4 months and given about 250+ points return per month per lot. But in April return was not good only 2 points..

As per system NF May Series Short at 7832 ( price at 3:20 PM on Friday 13/5/2016) which is near to LTP today..

Let see what happens next..

Here i am putting some facts about system and not the actual system..
All things arranged in FAQ manner

1. Who can trade with this system?
Anybody who is full time trader or a working professional can trade with this system.
2. How much time market attention is required to trade with system?
Only 10 min per day. From 3:20 PM to 3:30 PM

3. Can we trade other indices/stocks with system?
Yes. Using the system you can trade BNF also as well as individual stock of your choice. But some parameters need to be changed.

4. Can we trade options using the system?
Yes. Options can be traded using the system. Minimum trade holding period is 1 day and maximum trade holding period is 6/7 days. It reduces risk of option time value decay.
This is biggest advantage of system over all other SAR/ Always be in trade type systems.

5. How much additional margin is required to trade NF?
In addition to exchange decided margin we have to keep in mind what worst can happen with system within 24 hours. System given a maximum loss of 167 points in single day. So we have to keep margin accordingly.

6. How much is back testing period for system?
Back testing as well as live testing period start from January 2016 and end at May 2016

7. How many trades did system generated in 5 months?
Around 21 trades generated in last 5 months out of roughly 100 working days. So it gives boost to idea of “trading the trending days and avoiding sideways days”.

8. How much is maximum profit in single trade?
System has generated a maximum profit of 403 points in single trade.

9. What is % of winning trades and loosing trades?
There are 14 winning trades and 7 loosing trades out of 21. So winning rate is 66%

10. Do system really follow market trend?
Yes. System follows market trend. I am putting month wise performance of system.

January = 233 points captured. Closing range between Dec and Jan expiry is 521 points.

February= 360 points captured. Closing range between Jan and Feb expiry is 455 points.

March =327 points captured. Closing range between Feb and March expiry is 768 points.

April =2 points captured. Closing range between March and April expiry is 109 points.

May =130 Points captured. Closing range between April and May expiry is yet to be decided.

It shows that whenever market range expands system return increases and whenever market range contracts system return also contracts. So system works in full harmony with market movement.

11. How much average return generated by system?
In last five months it generated absolute return of 1052 points per lot of NF so on average it come out to be 210 points per month per lot.

12. Is system market performer or under performer?
In last five months Dec expiry at 7946 and May expiry at say 7750 market given negative return of 200 points.
Whereas system generated a positive return of 1052 points. So system outperformed the market.

Amogh.
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  #28 (permalink)  
Old 23-05-2016, 01:25 PM
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This looks like a very good system.

Waiting for more details

-- no1lives4ever
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Old 23-05-2016, 02:32 PM
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Little advice of caution...
Back testing for 5 months and concluding system has 60%+ winning % is like running on the treadmill for 30 sec and thinking you are ready for tour-de-france....

Back test as far and as much as you can, atleast 1000 trades for minimum...

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Old 23-05-2016, 02:36 PM
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Originally Posted by SAAK View Post
Little advice of caution...
Back testing for 5 months and concluding system has 60%+ winning % is like running on the treadmill for 30 sec and thinking you are ready for tour-de-france....

Back test as far and as much as you can, atleast 1000 trades for minimum...


Thanks SAKA for your experienced advice..

But for this system and in general win rate is not important -- How much you earn when you are correct is important.. System has taken care of it..
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