5 RULES TO IDENTIFY A STRATEGY THAT WORKS:

There are plenty of trading systems available on the internet and there are many trading systems providers.

But how do you know which ones are going to be potentially profitable?

1/ PREMISE OF THE STRATEGY:

The most important factor in any trading system is the premise or philosophy or logic on which it is built.

The systems must be able to identify certain repetitive behaviors which are inherent to any market.

An example could be #trend or #momentum or #mean reversion etc.

The magnitude of these behaviors could vary over time but they are natural to any markets.

Better yet, you should have multiple systems that attack these behaviors...

This is what I call the Hybrid Approach !!!

2./ SIMPLER, THE BETTER:

Once you have understood the logic behind the system, make sure it's based on simple rules.

If there are more rules, it’s a red flag that the systems are probably over-optimized or curve fit to past data which is unlikely to work in the future.

Most of my strategies have no more than 5-6 rules.

That’s it.

Keep it Simple, Stupid!

Has anybody done a comparative study on all the Gold ETFs listed, performance and tracking error

Thanks in advance

Don't memorize patterns, candlesticks, and etc

If you want to get better at this gam,ask yourself

What are traders on the sideline thinking?

Where will other traders get trapped?

Where’s the path of least resistance?

Where will new players enter?

Where will losers cut loss?

Start trading traps to increase your win ratio as well ledger.

As price would give close above yesterday high as well making day high, all system as well Algorithm traders go for buy.
Then one can see what happened next.
But nobody tell this.

Same pattern here too. Long bull candle close making day high, then fall-fall-fall.
Unfortunately nobody shares this.
Mostly all r busy in indicators can’t see it.

I have thousands of charts like this.
I only & only trade these traps only.
See the red arrow bull candle close at day high then fall. Isn’t there similarity.
Friends, all charts are same. Train your eyes to see these spots & then capitalise next time.

#NIFTY IT | Sector chart

Price taking support from 50-EMA. Any bullish pattern will be interesting to trade.

Keep relatively strong stocks in radar-like #INFY, #LTI and #WIPRO

#NIFTYIT #nifty50 #SectorAnalysis

#MaithanAlloys

TCS
Infosys
HCL Tech

All 3 Neck & neck in 5 year performance

TCS lagging Infosys & HCL Tech in performance in last 2 years....

Were the insiders aware of INFY's buyback news?
Yes, they were..
Have a look at the option chain data-
>Huge call writing at ATM/OTM/even ITM strikes.
>Put unwinding visible in ITM strikes
>Put writing at ATM/OTM strikes is by retail (Not so informed players )

Hence the reaction on INFY ADR 👇

Many things are hidden in data if u search correctly..
Wanna learn Option chain reading & its effects on stock way ahead ??
Coming up soon with lots of interesting stuff in depth✌️

Rising #crude prices bad for #nifty? Huh!

ATUL is the 1st company of India to manufacture :-

• P-Cresol
• Resorcinol
• Dapsone
• Epoxy Resins
• Phosgene
• Sulphonyl ureas
• 2,4-D Acid & derivatives
• P-Anisic Aldehyde
• Dyes and intermediates on a large scale
• Propagate tissue cultured date palms

trailer for INFY blood bath tomorrow ?

Does anyone has any data, how many times the Infosys stock price has multiplied between 1998 and 2020 ?

#MaithanAlloy #Daily #WaitingForBreakout

Maithan Alloy 751 High from breakout level of 600!

@nishkumar1977 dekh lo bhailog aur sir ko acha questions pucho.....waise mai bhi puch hi leta hu mahine mai 1 se 2 bar hahaha

Concept of Standard Deviation, simplified.

Next time when I talk about Mean +/- 1 or 2 or 3 Standard Deviation, you'll know what exactly am I talking about, especially whenever I mention Regression Channel. Concept is used in Bollinger Bands as well.
While all indicators plot, it's always good to know the background.

#HindCopper 139

Trendline resistance around 145 needs to be taken out at day's