When I was checking my software on NSE Nifty shares ,I wanted to check for Gold.
I was impressed on its results. PFB.
I was impressed on its results. PFB.
1048.00 1344.16 1512.18
15% BUY ABV 1367.01 1532.41
25% RT BUY 1 1340.45 1509.34
25% RT BUY 2 1322.98 1490.99
35% BF BUY 1305.06 1472.47
65% TGT1 1509.34 1629.97
35% EXIT 1512.18 1636.91.
1327.66 - Avg Buy price
1510.33 - Avg Sell price
182.67 - Profit
13.75 - Profit %
RT is price retrace,
BF is buffer.
Position sizing as % of total investment incorporated in the software.
As I use this tool for short term 1-3 month investment in High quality companies,I dont require a stoploss,in fact I dont want my money disappear.
I work on retracement after a breakout which I have seen( bull/bear fight), on breakout I buy small, on RT, I buy every stage RT 1,RT 2, BF.
Exits are planned carefully, I want to book profit before the price reach its saturation point.Here there are two stages below the target..
Case study:GOLD:
Here I can see the buy around 1367 and the software recommends RT buys at 1340,1322 and BF buy at 1305.Actually the price retraced to 1302.
Now the software says exit 65% at 1509.34 and 35% at 1512.18.
This software is designed for longs only no short trades as Cash market Shares, no need to start,just exit and wait for good buys,stay with cash.
Case study: AXIS BANK.(India)
364.00 546.64
15% BUY ABV 560.70
25% RT BUY 1 543.73
25% RT BUY 2 532.63
35% BF BUY 521.28
65% TGT1 653.12
35% EXIT 655.20.
Here it shows a buy abv 560.70 and asks us to buy RT-1,2 and BF. After start buying 560.70, the price retraced to 543,532,and 521. The low it made was 518.60.It brilliantly captured lows.
Now wait for targets to achieve.
535.65 : buy avg
653.85 : sell avg
118.20 : profit per share
22% : profit in percentage
I will come up with new case studies whenever required.
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