Day 36 : Today, I put a halt on algo trading as well as day trading. After algo day trading for @14 days, I realised that I was not making profit, whatever profit had accrued was taken away by market. So I went back to my algo backtesting and stress tested it for worst case conditions and that actually came very close to my real time trading. Then I realised that...
This chart tells when to buy a stock (when the price is around lowest point) so that you can sell it within 1-5 days and make quick profit. This golden rule has helped me maintain my streak of ZERO loss. So far I have been using this Golden Rule to make sure shot profits (low but consistent).
Best,
Vivek Khare
kharevivek gmail com