Thursday, February 4, 2016

Time to Change the System - Day Trading: Feb 4, Intraday

January was a good month for the Range Compression Trading System, but February has been jittery. Except for Jan 29, the first day of the February series, all days have been bad.

The Graphs are not looking great. Since Jan 21, there has been not much progress in Profits....

Stagnation of Profits

Data Table: Wins and Losses

It's time to make more drastic changes to the Trading System, else my reputation as a System Hopper would be at stake. The joke on me is the same - of the 3 Long Trades, 2 were Buys at Pivot Highs. In the one trade that did go in my favor, I exited 21 points lower with mechanical Trailing Stops.

It's not that I believe that System Hopping would improve the results, but...

Nifty M3 Candlestick Chart

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