iCharts Discussions

[smtsrls1975]

Rahul sir,i am also eagerly waiting fr ur strategy

[Rahulsharmaat]

Mangal ka intezaar nahi karna padega

so here we go...............................


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Its a system where u have to just see round numbers to 100--

such as

5000--4900--4800--4700-- and so on --
5100--5200--5300--5400-- or any round figure


now what we have to do ????

Buy 5 point above these numbers SAR 5 point below round number

for Example Buy st 5005-- double stop loss at 4995--

================================================

At opening see rate of crude , wait for first 15 min trade
now if crude is at 4990--- just watch -- let short trigger at 4995-- and let stop loss hit at 5005---now buy is at 5005---let stop loss hit at 4995---once 2nd stop loss hits-- we will start trade

We have placed short at 4995-- and its triggered-- stop loss placed at 5005 for 3 lots now is at 5005--- quantity is double now---

target is 70 points
Tsl at cost after 40 point gain


Note : remember we will start trade at 2nd stop loss-- not before that
This is because in last 4 months multiple stop loss were hit but net gain in last 4 month is 1800 points

Some time u will see that first trade even hit target-- but dont worry-- we want to minimise loss-- so after 2 stop loss --we will start trade --with double quantity after that --- once target is booked---

again wait for 2 stop loss trade -- n then start


if any confusion--do ask me

[parva]

Dear sir..

In Crude ...how many consecutive s/l hit in 4 months..? maximum draw down happened in 4 months...That will decide the money management part. Every time we take trade from 00... I believe.

Regards..

PARVA

[Rahulsharmaat]

buy 5 points above 000---
Short 5 point below 000

maximum 6 stop loss seen--- thats why we have avoided first 3 stop loss and then entered in it

This is just for those who want to play safe--- else one can start from first trade also

[rk_a2003]

Rahul,

I will term your recent Strategy/Method as making brutal power of money to work. Please understand that it’s just an objective comment.

I thought about such a strategy so many times but never dared to implement or able to test it.

As you have back tested it you can be relatively confident about it.

I can say it as out of box thinking.

Hope, that worst case scenario will not hit it during initial stage it self.


All the Best.

[Rahulsharmaat]

RK

Thanks

Thats why for small and safe traders first 3 stop loss trades are avoided-- n jump in 4th trade----

stop loss in a row are 6-7 sometime---

now in case 3 stop loss hit after trade also--thats 39 points--- and 7th trade target gives you 70 points---

so i dont think -- its not worth it

================================================
Even on friday

Oct Crude high is 4999

First trade short at 4995-- gave 70 points direct
again buy at 4905 hit stop loss
Short at 4895-- again met target almost

================================================

Nov crude

first call hit stop loss 4995-- hit at 5005
second call at 5005 went to 5444-- stop loss at cost
Third call short at 4995-- stop loss hit
Forth buy at 5005-- hit stop loss at 4995
Fifth short at 4995-- went straight to 4911-- target done

so 3 stop loss--- and one target

gain is 40 points

[sivtrade]

Thanks for this wonderful strategy sir!!!!!!

[balarajh]

Mr. Rahul.

thank u for this strategy.

one doubt i have,
on 10 october i feel there were as many as 10 stoplosses hit.
while i was back testing i found this.

i may be wrong in scripting,
can you please check again for 10th october???

if yes the how to handle this kind of situation??


thanks in advance,

hb

[Rahulsharmaat]

i will again look into that day--

as per me -6-7 stop loss were noticed

[Rahulsharmaat]

First trade of crude is active-- at 4905-- low is 4897--- lets see

we will wait for 3 stop loss

[Rahulsharmaat]

First trade stop loss hit at 4995---

2nd trade now short at 4995

[Rahulsharmaat]

On 10th Oct

6 stop loss hit in a row---
7th call went to 63 points
8th trade went 58 points in down side

=================================================

For safe trades i will ask them to book at 55 point gain
Tsl at cost after 40 points



so as per new target calculation of 10 OCT is as below

No trade for first 3 stop loss

4th trade sl hit------1 lot--- 10 points
5Th trade sl hit-----2 lots --20 points
6Th trade sl hit-----4 lots ---40 points
7Th trade-----------8 lot target booked at 55 points-- 440 points booked
8th trade-- we wont trade as after booking-- we will again wait for 3 stop loss trade



so net gain on 10 Oct was 70 point loss and 440 point gain

that means 370 point gain

[Rahulsharmaat]

i will back test again-- can we make this stop loss 4 points only

if that is done its wonderfull

[Rahulsharmaat]

Crude one stop loss hit

2Nd call short at 4995-- went to 4971-- now at 4985

[Rahulsharmaat]

2 Nd call crude short at 4995-- now hit low of 4950-

what i will try now to make stop loss almost 4 --or 6 point only

So that we can trade all trades -- because at times waiting for 3 stop loss and trading from 4th call wont give what total gain we are looking for