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Alchemist's ADD strategy - experiment on Nifty Options |
Hydrogen
White Belt
Joined: 18 Feb 2014
Posts: 87
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Post: #271  Posted: Sun Feb 07, 2016 9:52 am Post subject: |
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| srfelixmca wrote: | Hi Ushah
But it hit SL 
Cheers
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SRFELIXMCA Are you still following your "Word Profit " Strategy.
I liked your strategy. |
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srfelixmca
White Belt
Joined: 30 Jan 2010
Posts: 229
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| Post: #272 Posted: Sun Feb 07, 2016 11:52 am Post subject: |
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Hi Hydrogen
Still I am using my method and big fan of Alchemist. I am using his methods also for my trade.
Cheers
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sharmask1953
White Belt
Joined: 28 Aug 2011
Posts: 2
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| Post: #273 Posted: Sun Feb 07, 2016 6:21 pm Post subject: Options Strategy |
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Hi Alchemist,
I like your ADD strategy.
I like to know if one is to trade in stock options, where should the stop loss be kept.
Thanks |
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Alchemist
Yellow Belt
Joined: 09 Aug 2010
Posts: 853
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| Post: #274 Posted: Mon Feb 08, 2016 9:48 am Post subject: |
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| Alchemist wrote: | Trade 27 now taken
Bought 7500 PE at 118 SL 106 targets 138 and 158
Cheers
SH |
SL hit - las week was a pathetic week for trend traders.
This week I am busy with some official work hence wont be able to post trades here. Will continue from next Monday.
Cheers
SH |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #275 Posted: Mon Feb 08, 2016 5:15 pm Post subject: |
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| Alchemist wrote: | | Alchemist wrote: | Trade 27 now taken
Bought 7500 PE at 118 SL 106 targets 138 and 158
Cheers
SH |
SL hit - las week was a pathetic week for trend traders.
This week I am busy with some official work hence wont be able to post trades here. Will continue from next Monday.
Cheers
SH |
I have precise answers to solutions since system is not revealed by the author ....cannot also want to disclose the potential solution
( had posted in nick of time of having NOT understood last few trades )
It's upto Its me J and Yashrahul and others who understand the time frame and system to add or update.
There was no live thread other than this one in consistent profits and easy to understand and follow. Hope to see u back better. Shall miss the weekly profit since I said earlier, despite system, it's how you did the money management part which was key learning for me and others. As usual without the author, 'followers' pschye would prevent MOST OF THEM / US or MOST of time would lack the courage and conviction to trade the idea despite a great run rate. |
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yashrahul
Yellow Belt
Joined: 29 Jun 2013
Posts: 512
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| Post: #276 Posted: Mon Feb 08, 2016 8:40 pm Post subject: |
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| amitagg wrote: | | Alchemist wrote: | | Alchemist wrote: | Trade 27 now taken
Bought 7500 PE at 118 SL 106 targets 138 and 158
Cheers
SH |
SL hit - las week was a pathetic week for trend traders.
This week I am busy with some official work hence wont be able to post trades here. Will continue from next Monday.
Cheers
SH |
I have precise answers to solutions since system is not revealed by the author ....cannot also want to disclose the potential solution
( had posted in nick of time of having NOT understood last few trades )
It's upto Its me J and Yashrahul and others who understand the time frame and system to add or update.
There was no live thread other than this one in consistent profits and easy to understand and follow. Hope to see u back better. Shall miss the weekly profit since I said earlier, despite system, it's how you did the money management part which was key learning for me and others. As usual without the author, 'followers' pschye would prevent MOST OF THEM / US or MOST of time would lack the courage and conviction to trade the idea despite a great run rate. |
Amitagg I don't know as of now whether i have got the ADD system right as Alchemist Sir has not disclosed it but as you mentioned even my success Rate has improved a lot in intraday...I feel You are a far better trader than i am to give add or updates..i have only followed this thread to understand Alchemist Sir Add system and i have only taken one or two trades as per this Alchemist Sir thread but have always peeped in to the thread to check whether i am doing it correctly and realise that i have hurried into the trade or missed it...  |
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Alchemist
Yellow Belt
Joined: 09 Aug 2010
Posts: 853
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| Post: #277 Posted: Tue Feb 09, 2016 8:25 am Post subject: |
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Dear folks - markets are not linear but random, hence all systems will sometimes generate profitable trades in a row and the same system will have a period where it will generate loss making trades in a row. The key is to loose less and win more per trade.
This is my experiment with options based on the ADD strategy which is a propriety system which i cant disclose. However smart traders should be able to track the trades and decipher the system on their own.
I will continue to be busy this week hence i may miss some great profitable trades this week ..or maybe the loss making trades will give me a miss. As i said, markets are random.
Cheers
SH |
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anilnegi
White Belt
Joined: 02 Oct 2012
Posts: 38
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| Post: #278 Posted: Wed Feb 10, 2016 11:44 am Post subject: |
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| Alchemist wrote: | Dear folks - markets are not linear but random, hence all systems will sometimes generate profitable trades in a row and the same system will have a period where it will generate loss making trades in a row. The key is to loose less and win more per trade.
This is my experiment with options based on the ADD strategy which is a propriety system which i cant disclose. However smart traders should be able to track the trades and decipher the system on their own.
I will continue to be busy this week hence i may miss some great profitable trades this week ..or maybe the loss making trades will give me a miss. As i said, markets are random.
Cheers
SH |
Dear Sh
It gives me very bad feeling that people like u are also doing 9-5 job,  |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #279 Posted: Wed Feb 10, 2016 1:00 pm Post subject: |
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Alchemist trade replica for today
Buy 7300 call only above 111 stop 95 target 136 / 146 / 166
Let's see
( contra trade)
TSL after and if hits 123 is 105 |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #280 Posted: Wed Feb 10, 2016 10:56 pm Post subject: |
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| amitagg wrote: | Alchemist trade replica for today
Buy 7300 call only above 111 stop 95 target 136 / 146 / 166
Let's see
( contra trade)
TSL after and if hits 123 is 105 |
above trade posted 1.00 pm
fell to 75 at 1.55 pm
high at 2.40 was 111 ( precise level)
fell to 85 and closed 97.
overall trade did not trigger (and respected Alchemist levels).
now Alchmist would have ????? for tomorrow given buy (7300 call) at above 107 OR 111 stop 85 (my stop 90)/......targets as above only. |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #281 Posted: Wed Feb 10, 2016 11:15 pm Post subject: |
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| amitagg wrote: | | amitagg wrote: | Alchemist trade replica for today
Buy 7300 call only above 111 stop 95 target 136 / 146 / 166
Let's see
( contra trade)
TSL after and if hits 123 is 105 |
above trade posted 1.00 pm
fell to 75 at 1.55 pm
high at 2.40 was 111 ( precise level)
fell to 85 and closed 97.
overall trade did not trigger (and respected Alchemist levels).
now Alchmist would have ????? for tomorrow given buy (7300 call) at above 107 OR 111 stop 85 (my stop 90)/......targets as above only. |
Alchemist - just a check at your end......may be your system today would have triggered a buy at above 107 at after 14.35 candle close OR you would skipped the trade since stop was 75............just see how I kept the level at 111.....and if it makes (or reduces) additional sense to the system.....possibly one could have gone with above 118 buy also......what do you think
107 or 111 or 118 .....shall help to fine tune / guide us
OR ur system is different. |
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asrtrade
White Belt
Joined: 08 Jul 2014
Posts: 10
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| Post: #282 Posted: Wed Feb 10, 2016 11:18 pm Post subject: |
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From my observation, I didn't think this strategy was counter trade. Rather, it is along the main trend (in the direction of yorker trade) and when the risk to reward is solid. So, today's trade could have been to buy puts around 2:30PM when NF bounced to 7284 levels. Just what I deciphered from various posts and the strategy name "ADD"....
| amitagg wrote: | | amitagg wrote: | Alchemist trade replica for today
Buy 7300 call only above 111 stop 95 target 136 / 146 / 166
Let's see
( contra trade)
TSL after and if hits 123 is 105 |
above trade posted 1.00 pm
fell to 75 at 1.55 pm
high at 2.40 was 111 ( precise level)
fell to 85 and closed 97.
overall trade did not trigger (and respected Alchemist levels).
now Alchmist would have ????? for tomorrow given buy (7300 call) at above 107 OR 111 stop 85 (my stop 90)/......targets as above only. |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #283 Posted: Wed Feb 10, 2016 11:44 pm Post subject: |
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U have to be right..... So the system I have understood which ( for me clearly) gives his
1) entry
2) target
3) stop loss levels
and the trigger HAVE to be taken on Yorker side to yield desired results . Can't agree more . |
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Alchemist
Yellow Belt
Joined: 09 Aug 2010
Posts: 853
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| Post: #284 Posted: Fri Feb 12, 2016 6:29 pm Post subject: |
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No buy trade ever triggered this week .. only sells....
Trade 1
9th Feb - Buy 7300 PE at 120 SL 100 targets 155 and 190. Both target achieved on 10th Feb.
Trade 2
10th Feb - Buy 7200 PE at 106 SL 94 targets 130 and 152. First target 130 achieved before hitting SL 94
Trade 3
10th Feb - Buy 7200 PE again at 109 SL 84 targets 159 and 209. While the targets would have been hit next day however trade was not taken as SL was 25 points (max SL I take is 20 points)
So basically would have taken all bearish trades this week with 2 trades that would have triggered and 3rd trade would have been skipped as SL was large.
Cheers
SH |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #285 Posted: Sat Feb 13, 2016 5:52 pm Post subject: |
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| Are we going live with Trade 28: and capital of Rs 341350. |
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