Hi, I'm Raj with more than ten years of trading experience. It took seven years for me to build this system. I had never believed in intraday/day trading till I found this formula. Many important factors like no. of trades per month and year, brokerage, money management, time factor, back testing performance, short term capital tax, sharp ratio, risk management etc., are taken into consideration. This system is giving more than 100%+ returns yearly and I back tested it for the last nine years. Though it gave a massive return of 290% in one year, I do not want to go with the best. Instead, I choose the worst year where we got around 96% returns.
There are just two asks from my side, but very important and must.
1. Patience - This is surely my first ask. Please do NOT trade if you do not have patience. At times, you do not get call for 3-4 days also and you need to sit with your cash instead of trading on your own. At times, continuously, five to six calls may hit trailing stop loss. At times, you also might get continuous stop loss hits. Only if you have patience and if you can trade all-round the year (or quarterly at least), you can end up in profits.
2. Brokerage - As I mentioned above, STOP trading if your brokerage is more than Rs.20 per order. There are many direct and indirect factors which kill your profits because of this brokerage. If we pay Rs.60,000/- brokerage per year with 1 paisa, how much would you end up paying if you have 2-3 paisa brokerage?
Note: Out of 12 months, 7-8 months could end up in profits, 2-3 months in ‘no profit no loss’ and 1-2 months in loss. So, please trade as per the strategy.