Starting something new for Positional Trading

I'm going to use some prop. trading code for positional trading. This can be in either cash / FNO for both Short and Long trades.

The good part of this is you only trade towards the end of day. You don't need to spend hours staring at a screen.

Here's a sample chart of L&T

Trading this method we had only one whipsaw of 70 odd points but we made 330 points in total and counting.

I've also backtested this for Nifty which made a total of 640 points since May in 5 months! Not bad at all.

Minor loss of 21 odd points and the rest of the trades were all +ve

This works on all stocks interestingly.




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