Friday, July 23, 2010

Why u must not miss BTST?

In last 1 month (June 29 - July 21, 2010)

if one was to measure every inch/point moved by nifty

it would come to around 1800 points!!!

This would be the odometer reading if nifty had one.

Any professional will agree with me that it is near impossible to play and catch all of this.

Approx.50% is likely to be lost due to complex zig-zag motion of nifty,

you can't do much about it.

(An investor can even lose almost all of it!)

Now, this leaves 900 out of 1800 "kms" logged by Nifty!

How much can you mop out of these balance 900 "kms"?

Well, if you don't do BTST or if you do just day trading

you are sure to miss half of this 900!

Why?

Because 479 "kms" out of these 900 was covered by nifty in

BTST jumps - whether up or down!!!

-28+30-34-5-60+23+0+16-23+60+44+25-5+35-3+6-14+17+21-13+17

Average = 24 points per trading day!

Now, this leaves you with just 421 "kms"!

How much can you win out of these?

Any surprise why majority day traders make little money despite great talent and astonishing application!

If you do just day trading

and if you don't BTST (ot STBT, as the case may be)

you are just fighting for the bread crumbs!

2 comments:

rochak parekh said...

fact/tact ful discovery , paaji

mangtasidhu said...

Systemetic appoach Well done sir ji