BEST MECHANICAL TRADING SYSTEM
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Please note that Profit and Loss is calculated by taking the actual exit levels, and not taking High or Low made after the Buy or Short Signal. So the performance is authentic. If we start calculating the performance by taking High or Low made after the signal, then the profit per month in Nifty will be more than 500 Pts easily
Trading Signals on 30th May 2012
There were Total 11 Trades in MAY.
9 gave Profit and 2 trade hit SL.
Total Net Profit of month is +348 PtsNIFTY
<- Click Chart Image to enlarge->
Sell Signal in previous Long trade (Buy at 4890) and a Reversal Short signal came at 4962
(High made after Buy signal was 5021)
Reversal Short trade carried forward for next day
Profit in last Long trade = 4962- 4890 = +72
Total Net Profit in the month of May = 276+72 = 348 Pts
Total Net Profit in the month of May = 276+72 = 348 Pts
Trading Signals on 24th May 2012
Cover Signal in previous Short trade (Short at 4896) and a Reversal Long signal came at 4890
(Low made after short signal was 4804)
Reversal Long trade carried forward for next day
Profit in last Short trade = 4896 - 4890 = +6
Total Net Profit in the month of May = 276 + 6 = 282 Pts .Trading Signals on 17th May 2012
Cover Signal in previous Short trade (Short at 4972) and a Reversal Long signal came at 4891
Profit in last Short the Trade = 4972 - 4891 = +81
Sell signal in last reversal Long trade (Buy at 4891) and a Reversal Short trade came at 4860 on same day
Loss in the last Reversal Long trade = 4891 - 4860 = -31
Short trade at 4860 has been carried forward for next day.
Total Net Profit in the month of May = 156+50 = 206 Pts
Total Net Profit in the month of May = 156+50 = 206 Pts
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