Dec month trades (218 points gained)
Charts (Based on trades from Aug to Dec 2016)
Number Crunch
Charts (Based on trades from Aug to Dec 2016)
Number Crunch
- Net gain from Nifty (In Dec) : 116
- Net gain from Crude (In Dec) : 102
- Net gain from Nifty (Overall) : 532
- Net gain from Crude (Overall) : 422
- Total trades from Aug-Dec 2016 : 79 Successful : 50; Fail: 29; Success Ratio : 63%
- Avg no of trades per month : 15
- 80% of Gain came from 20% of Total trades. Pareto principle at work!
- BPB pattern holds highest Win %
- PDL originating most win trades
- Longs hold major gain
- Confluence trades holding major gains
Take Away's
- 2016 is the year i managed to do active trading, after 2008. (2008 was disaster as both investor & trader)
- Major transition happened after i came up with Daily Trading Plan which is tweaking version of basics from ST sir & learnings from URD Ji later. It suits my personality, needs and time i can spend with charts.
- Increasing lot size from 10 to 15 in Nifty w.e.f from 2nd Jan 2017 😄
- Staying away from crude due to time crunch, for the time being (at least till next quarter) 😌
- Tried my hand in short term investment in stocks, turned out as failed attempt.
PS : Have plans for applying my strategy on stocks...any recommendations/suggestions on which stock to pick?
