Tuesday, September 18, 2018

Renko + DP System -- Test Successful

I am happy to share the efforts to explore different Renko, paper trades, trades with 1 lot in testing phase from last 10 days did good result. Not counting the gain in terms of points, but the way i am playing in this highly volatile market hinting me that my decision of replacing candlestick with mean renko charts is good idea :)

Today able to make 255 points in BNF despite of huge volatility.. In-fact last trade i covered in panic and missed easy 100 points.

Nevertheless, i will continue trading with 1 lot (some times adding second lot if i am willing to risk some gain made) till month end and then follow my SCALE UP plan.. not in a hurry to move to 10 lots directly. Need to go systematically to break the resistance of 10 LOT SIZE which i am unable to do almost since 2 years!

Below are 3 trades executed in BNF.
Also i am sharing these trades in Twitter, you can follow @Only_Nifty for academic purpose.

I wont be documenting trades in blogs everyday, as i am moving for another way to maintain trade journal. Exploring better way for that also.