Probably the best Intraday strategy for Index Futures & Options

What is the strategy's ROI per week in your paper trading ?

  • <1%

    Votes: 5 35.7%
  • 1% to 2%

    Votes: 1 7.1%
  • 2% to 3%

    Votes: 1 7.1%
  • 3% to 5%

    Votes: 1 7.1%
  • 5% to 7%

    Votes: 2 14.3%
  • 7% to 10%

    Votes: 1 7.1%
  • Above 10%

    Votes: 3 21.4%

  • Total voters
    14
This is an "Open Source" Trading strategy for Index Futures/Options.
(Note : Softwares like Linux and Android are Open Source...free to the world)
Open source products are developed by the people and for the people.
Its a people's movement!

I invite one and all interested in Intraday Index Futures/Options to participate in paper trading and post your valuable votes for the benefit of one and all. Let us create a game of win-win situation!
 
Since the strategy is based on total pending orders, which is available only on live intraday session, this strategy cannot be back tested.

I have tasted success past 6 months on a multi-sector index in my country and I hope this strategy is most likely to give profits to multi-sector indices in other countries.

So I suggest Index traders to paper test this strategy :)
 
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When do we know that we acquired trading skillset?
The one and only proof is when we consistently started earning considerable amount of money in trading. (minimum ROI/month of 10% for a positional trader and 20% for intraday trader)

20% a month, 240% a year?

I never see anything near this kind of performance even among the smartest traders in the street. Occasionally you find a few of them that claim to have this type of performance, but none of em last long, they all gone in long term.
 
20% a month, 240% a year?

I never see anything near this kind of performance even among the smartest traders in the street. Occasionally you find a few of them that claim to have this type of performance, but none of em last long, they all gone in long term.

We need multiple strats to catch fishes of different levels of smartness. So far i have posted 4 strats on options. Soon i will post two more to complete the symphony :)
 
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