The performance report is on a 10L model, is only for swing and positional calls and is not- compounded. The effort here is to show how a good trade location marked with a well-researched entry point and a proper exit point along with correct position sizing and trade management are important for the growth of an account.
We do not risk more than 3% in Nifty trades and trade BNF Futures and Options with a 4% risk ( exception made only for BN) . We also do not add back the profit to the capital account for trading and every month we would stay with a 10L model despite the account being over 25.39 L now at the end of October series.That’s right we have a 150% growth to show for our system of trading. ( scroll down the page for Oct records)
Our Belief is in Market Profile. It works in all kinds of Markets whether going up or down and even sideways. In the past 10 months, we have seen a market going down, then up and even a sideways 2 months and our performance speaks for the belief system we have. 9/10 months have been profitable. We had a bit of a correction in the Month of October and have given back 1.7% to the market in October.
The position size depends on the Stop loss we have at the time of trade entry . So for 100 points of risk in the Nifty we will go with 4 lots and for 200- 230 points of risk in the BankNifty, we maintain 6 lots. If the SL is higher in the setup then we scale down the lot size and if the SL is less the lot size increases. In Nifty options for a risk of 30 points in the setup we would go with 14 lots and in BNF for a risk of 80 points the lot size is about 16.
The Right setup + Proper Position Sizing + Correct Money Management= Growing Account
We also do intra day calls and those are taken around our positional and swing view and tracked separately. Intra-day calls are to be closed by 3.20 pm same day. However, we do not add the intra-day gains to the performance calendar as it may lead to a duplication of records. Our actual gains with the intra day calls and the positional trades added are much higher.
January Series :
Summary :
- Total trades – 16
- Win-loss ratio – 11 W- 5 L
- Total gains in the Month – 2,80,770/-
February Series :
Summary :
- Total trades – 20
- Win-loss ratio – 13 W- 7 L
- Total gains in the Month – 1,89,625/-
March Series :
Summary :
- Total trades – 27
- Win-loss ratio – 18 W- 9 L
- Total gains in the Month – 2,64,165/-
April Series :
Summary :
- Total trades – 17
- Win-loss ratio – 9 W- 8 L
- Total gains in the Month – 91,275 /-
May Series :
Summary :
- Total trades – 17
- Win-loss ratio – 9 W- 8 L
- Total gains in the Month – 1,29,965 /-
June Series :
Summary :
- Total trades – 22
- Win-loss ratio – 15 W- 7 L
- Total gains in the Month – 3,09,340 /-
July Series :
Summary :
- Total trades – 15
- Win-loss ratio – 9 W- 6 L
- Total gains in the Month – 93,525 /-
August Series :
Summary :
- Total trades – 12
- Win-loss ratio – 9 W- 3 L
- Total gains in the Month – 32,430 /-
Sept Series :
Summary :
- Total trades – 14
- Win-loss ratio – 11 W- 3 L
- Total gains in the Month – 1,81,325 /-
Oct Series :
Nov Series :
Net Summary :
The charts above show the winnability of Market Profile as a system of Trading for entries and exits.
Our Win-Loss record is net Positive for 9/10 ended October 2016. The win-loss ratio calculates even early exits which have not taken stops , as losses. We exit when a particular setup does not seem to be going our way based on the OrderFlow which we track live in our room. Also, most of our winners have gone to hit target 2 which was given at the time of entry.
