Month: April 2020

April 30, 2020

My Intraday Trading Results with Compounding

Did this experiment till end of August. Result sheet is attached at bottom. Approx 60 percent returns were generated by trading both USDINR and NIFTY Futures intraday using same capital and fixed 3 percent risk of capital per trade. Currently working on trading for a living experiment. This is my personal Intraday Trading Results. It is an experiment with compounding that I have just started […]

April 26, 2020

Is technical analysis bullshit? or is it bullseye?

Is Technical Analysis bullshit? A lot of people seem to have an opinion that technical analysis is bullshit or useless. But do they know what even technical analysis is. Technical Analysis is a statistical representation of data, and nothing else. Ultimately it falls on you on how you use it. A lot of people attribute their failure to the uselessness of technical analysis and call […]

April 23, 2020

Exiting a trade: The last but definitely not the least

Exiting a trade. This is in my opinion the most important part if we want to define what is a winner and what is a loser. But its a shame that most traders keep formulating entry plans, and trying to find the perfect entry signal, while paying very little or no attention to exit. New and novice traders mostly have a very well thought of […]

April 23, 2020

Position Sizing. The quantity factor

Position Sizing, the question of how much, or what quantity? One of the most ignored aspects of trading by new traders. Generally with new traders, or traders with little experience I have seen a desire to use the entire capital for trading. And some of them who understand that they cannot risk all, try to minimise the risk by manipulating their stop loses. Now stop […]

April 23, 2020

Risk Management, appetite for loss

Risk Management:- First we need to define what risk is before we can think of how to manage it. For a stock/commodity/futures trader, the risk is obvious, the money. Every trade has a potential to make money as well as lose money. If we believe market is random, every trade will have an equal potential to lose or to make money. Now we want to […]

April 23, 2020

Enter a trade. Pull the trigger.

Enter a trade, this is when the action begins. Entering the trade is the actual physical task of filling in a form for the order on your computer. Or simply calling your broker to place an order. Before proceeding please make sure to have read about setups. This is also one of the areas that puts a distinction between a discretionary and a mechanical trader. […]

April 23, 2020

Trading Setup – The first block of a trading system

What is a trading setup? A setup in a Trading system can be simply explained as laying the trap for a trade to fall in. Like a hunter lays traps for its prey, while trading we have setups. For people who beleive in astrology can consider is as an alignment of favourable stars. Setups are not an indication that something will happen. They are an […]

April 21, 2020

Mechanical Trading. Trading the randomness

Mechanical Trading can be defined as “a form of trading when a trade is taken based solely on pre-defined signals and any kind of intuitions or discretion is not used “. When trading stocks and futures markets, mechanical trading should be the first step and also the last for most traders. Mechanical trading is easy to learn, and discipline is the key. Most traders do […]