Last day of the year and I resolve to adhere to the rules of my method by 100%.
I will be going live soon with this method and may go live with 2 lots.
1st lot will be booked at 1.5 R and second lot will be as per exit rules.
Nov Month : 28.5 Points
Date : Net Points (including all costs)
01/12 : -7.7 (Equiv)
03/12 : 21.1 (Equiv)
07/12 : -26.0
08/12 : -13.0
09/12 : 43.0
10/12 : 4.2
11/12 : 2.0
15/12 : -32.0 (Trade exit date)
22/12 : 58.0 (Trade exit date)
24/12 : 38.8 (Trade exit date)
30/12 : 31.0 (Trade exit date)
Dec Month : 119.5 Points
Highlights:
1. Target for Dec of 100 points met.
2. Two consecutive months of positive closing.
3. 51 trades in Nov vs 22 in Dec.
3. As per Lance Beggs, trades should not be looked upon in isolation but in a group of 20 each for positive or negative outcome. Based on that:
5th to 16th Nov --> 49.3
16th to 23rd Nov --> -65.0
23rd Nov to 3rd Dec --> 53.7
7th Dec to Current --> 142.7
With 2 lots now, Jan target is 300 points.
Target for 2016 identical (adjusted for 2 lots now)as 2015. Did not meet the targets in 2015 even by a long pole. Will meet in 2016 for sure. It is MY year. The beginning of turnaround.
I believe I am doing things correctly and will continue to make changes to ensure I am doings things correctly.
I will be going live soon with this method and may go live with 2 lots.
1st lot will be booked at 1.5 R and second lot will be as per exit rules.
Nov Month : 28.5 Points
Date : Net Points (including all costs)
01/12 : -7.7 (Equiv)
03/12 : 21.1 (Equiv)
07/12 : -26.0
08/12 : -13.0
09/12 : 43.0
10/12 : 4.2
11/12 : 2.0
15/12 : -32.0 (Trade exit date)
22/12 : 58.0 (Trade exit date)
24/12 : 38.8 (Trade exit date)
30/12 : 31.0 (Trade exit date)
Dec Month : 119.5 Points
Highlights:
1. Target for Dec of 100 points met.
2. Two consecutive months of positive closing.
3. 51 trades in Nov vs 22 in Dec.
3. As per Lance Beggs, trades should not be looked upon in isolation but in a group of 20 each for positive or negative outcome. Based on that:
5th to 16th Nov --> 49.3
16th to 23rd Nov --> -65.0
23rd Nov to 3rd Dec --> 53.7
7th Dec to Current --> 142.7
With 2 lots now, Jan target is 300 points.
Target for 2016 identical (adjusted for 2 lots now)as 2015. Did not meet the targets in 2015 even by a long pole. Will meet in 2016 for sure. It is MY year. The beginning of turnaround.
| Nifty Futures | Target Points for Month |
| Jan-16 | 300 |
| Feb-16 | 300 |
| Mar-16 | 300 |
| 1st QTR | 900 |
| Apr-16 | 350 |
| May-16 | 350 |
| Jun-16 | 350 |
| 2nd QTR | 1050 |
| Jul-16 | 400 |
| Aug-16 | 400 |
| Sep-16 | 400 |
| 3rd QTR | 1200 |
| Oct-16 | 450 |
| Nov-16 | 450 |
| Dec-16 | 450 |
| 4th QTR | 1350 |
| Annual | 4500 |
I believe I am doing things correctly and will continue to make changes to ensure I am doings things correctly.
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