A review of the technique in this year 2014, only twice stop loss hits in February 2014 due to sudden spike and sudden drop, otherwise it seems to be okay.Trade with the same no.of lots all the time.
06.05.2014 - 5995 buy
28.05.2014 - 6160 sell
06.06.2014 -6060 buy
still running (contract close -exit) - 6421 sell
approx. it shows 625 pt per lot two lots 1250 pts.
Investment Rs.62000 in two lots gets doubled Rs.125000 in two months.So six times in a year.
Doubling 5 times, stoploss hit one time, reducing to 4 times, reducing one more time for infrastructure,
Tripling my money in a year is absolutely possible after paying transaction taxes, brokerage and income tax..
06.05.2014 - 5995 buy
28.05.2014 - 6160 sell
06.06.2014 -6060 buy
still running (contract close -exit) - 6421 sell
approx. it shows 625 pt per lot two lots 1250 pts.
Investment Rs.62000 in two lots gets doubled Rs.125000 in two months.So six times in a year.
Doubling 5 times, stoploss hit one time, reducing to 4 times, reducing one more time for infrastructure,
Tripling my money in a year is absolutely possible after paying transaction taxes, brokerage and income tax..
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