Here's a look at March months Performance of our various packages:
NiftyPower's Performance Summary - March 2013 | |||
Max. Profits in Points/Lot | Safe Traders Strategy | Risky Traders Strategy | |
Nifty Live Charts | 376 | 267 | 390 |
Rs. 18800 | Rs. 13350 | Rs. 19500 | |
75.2% | 36.8% | 30.9% | |
Nifty Futures SureShot | 243 | 368 | 463 |
Rs. 12150 | Rs. 18400 | Rs. 23150 | |
48.6% | 36.8% | 30.9% | |
Nifty Options SureShot | 106 | 230 | 404 |
Rs. 5300 | Rs. 11500 | Rs. 20200 | |
106.0% | 57.5% | 50.5% | |
Nifty Future Positional | 15 | -10 | -20 |
Rs. 750 | -Rs. 500 | -Rs. 1000 | |
3.0% | -1.0% | -1.0% | |
Nifty Future Single Target | 167 | 334 | 501 |
Rs. 8350 | Rs. 16700 | Rs. 25050 | |
33.4% | 33.4% | 33.4% | |
Nifty Options Single Target | 76 | 304 | 608 |
Rs. 3800 | Rs. 15200 | Rs. 30400 | |
76.0% | 76.0% | 76.0% |
To see the table in a spreadsheet, click here
The month of March began with Bang for us. Even though the second half did not turn out to be as good as the first half, overall, the month has been one of the best months for us in recent past. All our Intraday packages, Live Nifty Charts, Nifty Options Sureshot and Nifty Futures Sureshot performed equally well, with minimum gains in the range of 30-50% for this month. Positional package did not perform well this month, as we traded less because of the increased Volatility. Only two calls were given in this package, 1 hitting the target and the other hitting Stoploss. Hence, the reason for a not so good performance in this package. However, Positional Package has been one of our best performing packages in 2012, and we intend to continue that in 2013 also.
The learning point from this month's performance is Discipline. We just cannot emphasize enough on Discipline as one of the most important factors in trading. Traders who would have followed all the calls with discipline, would be in very good profits at the end of the month. However, those doing selective trading would have missed out on some very good trades at the beginning of the month.
The reason for the good performance is of course, increased Volatility in Nifty. For Day Traders like us, Volatility is the lifeline on which all trades are hanging. For the past three months, since December 2012, we had seen a period of Low Volatility in the markets. Now since this period is over, we are seeing an increase in Volatility and this trend is expected to continue for the next 2-3 months. We intend to make full use of this increased Volatility, and hope to make the Profits of the Year in the coming months.
A lot of people Calls us and asks us about how much profit to expect in a month. Our standard reply to this question is - "Do not expect a monthly salary from the markets. In the Markets, when it rains, it pours." This period has reinforced that belief. It is very important to undestand, that in a month, only about 4-5 trades will be the jackpot trades which will give most of the profits. Same way, in an year, 4-5 months will give the max. profit. The rest will only help to cover the losses in the stoploss hitting trades. Problem is, no one knows which are those 4-5 trades, otherwise we would only take those 4-5 trades and ignore the rest. Hence, the only way to make profits is, take all the trades with discipline, and proper Risk and Money Management. Don't lose much during Bad times (Capital Preservation) and win Big during Good Times. If we manage to do this, then Profits will keep on coming.
Happy Trading!
NiftyPower Team
P.S: From the month of March, we are discontinuing our Nifty Future and Nifty Option Single Target Packages, due to low interest shown in them by traders. We also believe, that the SureShot method of trading is the best method for trading in Nifty, hence this decision.
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 onwww.niftypower.com
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