Sensex

Wednesday, November 11, 2009

RE: [Technical-Investor] Fwd: Nse F&O Mechanical Trades P/L for the month of October 2009-Should you predict the markets?- Can't you just follow it??

 

Sriram,

 

Appreciate you sharing this.

 

To me, the key take-away from your post is that – Good Money Management, Discipline and Following a system consistently produces results in one’s favor.  We are likely to have bad days/months, but a simple system that works can be favorable with time. Your trade logs are proof of that.

 

Thanks and Good luck with your trades !

 

Cheers,

Girish

 

From: Technical-Investor@yahoogroups.com [mailto:Technical-Investor@yahoogroups.com] On Behalf Of BALASUBRAMANIAM SRIRAM
Sent: 12-Nov-2009 07:46
To: Technical Investor
Subject: [Technical-Investor] Fwd: Nse F&O Mechanical Trades P/L for the month of October 2009-Should you predict the markets?- Can't you just follow it??

 

 

Hi,

For the benefit of those who don't want to take views on the market direction, but trade with the direction, I am attaching  a set of excel sheets, which will indicate my progressive use of the MA Crossover sysytems to full use.

As at present I trade on appx 11 counters and have invested appx 11 lacs on an average as Margins. My average return is appx 10% of my invested margins(say 2-3% on the exposure). This makes it quite attractive for any one wanting to become a full time trader. But it has been very difficult to remain with the system, but was worth it as you may see it from the progress made. Not all scrips were traded from day one. For the last 2-3 months I am sticking to the group-of course leaving out ONGC and adding on DLF. Let those of you who have the patience as well as capital and discipline benefit if they care to trade. One may notice that the whole system is always Stop and Reverse. One remains in market always.

For those who believe that charts can help you to make decisions to make money consistently, this one is proof enough. But for those who believe in investing 10000 and making 10 crores this may not work as NSE requires these margins.

In the current month the profit stands at around 1.7 lacs-which is not to mean that the end of the month there is any guarantee that this will remain in kitty. But the fact is that it is possible to earn.


Sriram

B.Sriram
4B, Skylark Apts,
6,Rutlandgate Fifth St.,
Chennai-600006
Ph:+91 44 28334849(Dir)/28332373(Board)
Mobile:+91 98400 63145
Email:bhsppt@gmail.com

--- On Thu, 12/11/09, B.Sriram,Director,Reliable Stocks&Shares(India)Ltd <bhsppt@gmail.com> wrote:


From: B.Sriram,Director,Reliable Stocks&Shares(India)Ltd <bhsppt@gmail.com>
Subject: Fwd: Nse F&O Mechanical Trades P/L for the month of October 2009
To: "B. Sriram" <bees2365@yahoo.co.in>
Date: Thursday, 12 November, 2009, 7:30 AM

 

---------- Forwarded message ----------
From: Anand valan <anandvalan@gmail.com>
Date: Mon, Nov 2, 2009 at 6:28 PM
Subject: Nse F&O Mechanical Trades P/L for the month of October 2009
To: "B.Sriram,Reliable Stocks&Shares(India)Ltd" <bhsppt@gmail.com>


Symbol                                                                         P/L

Banknifty(2001)                                                          61800

 

Banknifty(A030)                                                         62500


Nifty(2030)                                                                - 3750

Nifty(2001)                                                                - 2100

Aban                                                                          - 14120

Hindpetro                                                                   - 1560  

Reliance                                                                    36983

Hdfc                                                                          42322

Jindalstel                                                                  - 21504

Tatasteel                                                                  23646


Infosystech                                                               8540

Ivrclinfra                                                                    21850

Educomp                                                                  64804


Ongc                                                                        - 12615 


                                                                                            ---------------------------------------------
                                                                            
                                                                                nbsp;            
      2,66,796                                                                                                    

                                                                                           -----------------------------------------------    

 

-- 

Thanks & Regards,

Y.Anand
****************
Mobile : +91 - 9884202040
email id   : anandvalan@gmail.com




--
______________________________________
Yours  Sincerely,

B. SriRam

Director, Reliable Stocks and Shares(India)Ltd

4B,Skylark Apartments,

6,Rutland Gate FifthSt.,

CHENNAI- 600006.

Ph:044-42027089/42010221/28332373
Mobile: +919840063145

____________________________________





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