MY STYLE - BLOG
Well, you may say, this is no rocket science, but implement this idea in real life and figure out those challenges!
With a specific instrument as an example lets work out the costs.With my system there are 15 possible trades in which 3-4 trades may hit stop losses in a week..
But these 4, saywill lose only Rs 800 in a week and max 800*4 = Rs 3200 in a month..
Now the winning trades will give 12*20*20*4=Rs 19200 in the same period..
Giving a net profit of Rs 16000 from just one lot of minifty!
Of course you can knock off 60*5*20=Rs 6000 for costs, leaving Rs 13200 per lot.
Abnash Singh, Am a Trader helping small traders to realize their dreams.