Thursday, July 19, 2007

EOD Trading systems

The previous system with detailed stats is intraday and holds for 2-3 days with maybe 1-2 trades per day.
If anyone is interested in EOD versions then contact me : niftytradersinc@yahoo.com
Will discuss in more detail when I am in India.
The eod version will be around Rs 25,000 with code
Rs 12,500 without code
Annual returns: 100-200% (cut in half etc 50-100% humanly achievable in a good market)
Drawdowns: 15-20% (double 30-40% to account for human error or an adverse market)

Just keep in mind eod entry/exit is better only for those who cannot watch the markets all the time.

Also keep in mind it is a good idea to diversify across trading systems for technicians. Just as fundamental investors will diversify across sectors/value/growth etc.