We started projecting our Live Nifty Charts on www.niftycharts.co.in in the mid of June 2012, The first month after launch turned out to be a rocket month. Beginners Luck :). Coz in the very next month, Live Nifty Charts gave negative returns. Now, after completing 6 months of this service, here is a look at how our Live Nifty Charts performed in the 6 months since launch:
Live Nifty Charts Consolidated Performace - 2012 | ||||
Month | Max. Possible Profit/ Lot | Profit with 1 Lot Strategy | Profit with 2 Lot Strategy | Profit with 3 Lot Strategy |
Jun-12 | 545 | 305 | 710 | 1175 |
Jul-12 | -11 | -111 | -202 | -333 |
Aug-12 | 125 | 45 | 126 | 227 |
Sep-12 | 233 | 153 | 271 | 341 |
Oct-12 | 111 | 11 | 65 | 185 |
Nov-12 | 112 | 0 | 3 | 38 |
Dec-12 | 273 | 160 | 339 | 385 |
Total | 1388 | 563 | 1312 | 2018 |
Profit in Rupees | 69400 | 28150 | 65600 | 100900 |
Investment | 25000 | 25000 | 50000 | 75000 |
%age Profit | 277.6% | 112.6% | 131.2% | 134.5% |
To see this table in a spreadsheet, click here
The Assumptions in the above table are:
1. Investment for 1 lot in Nifty Futures is taken as Rs. 25000. Normally, brokers are offering margin of only Rs. 11000. However, we recommend keeping some additional cash as Safety Money, hence have taken it as a round figure of 25000.
2. Brokerage and Taxes are not subtracted from the profit. These differ from person to person. We have always emphasized the importance of Low Brokerage. If you want to know the pitfalls of high brokerage, read this article by clicking here.
Now lets get to the Performance. We generally recommend all members to follow either the Safe Traders Method, or Risky Traders method. In the Past six months, if one would have followed these 2 strategies for trading, the total Net Profit would have been 1312 poits and 2018 Points in Nifty Futures respectively. That's a Profit of more than 130% in just six months! What this means is, had you followed all the signals generated by the Live Nifty Charts over the last six months, you would have more than doubled the money that you put into your trading.
If you see the details of our Performance, you will find that not all months have been profitable. If you try to figure out the accuracy of the Live Nifty Charts, it will not be more than 70%. These are the two most Frequently Asked Questions to us. And our Performace shows just how irrelevant these questions are. You dont need a very high Accuracy to earn from the market. Also, keep in mind that all months will not be profitable. Market does not give a monthly Salary. In Market, when it rains, it pours. But there will be occasional dry months in between. That is the reason why we always recommend having some Safety Money for trading, and Not to Trade with all your capital.
Our Live Nifty Charts are projected every day, for every one to see. All that is required to make such profits is Discipline to follow the Signals beig generated.
Hope to have an even more Profitable 2013.
Happy Trading!
NiftyPower Team
P.S.:
You can see Live Nifty Charts with Buy Sell Signals during market hours Free on our website www.niftycharts.co.in
You can see Live Nifty Charts with Buy Sell Signals during market hours Free on our website www.niftycharts.co.in
Also, Read our Daily Nifty Analysis published on our Blog www.nifty-power.blogspot.in and have an Edge in you trading
For our regular Paid SMS Services, see Rates and Services Page on www.niftypower.com
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