BTST Strategy

 ( As read by me from :  http://thebestbusinessintheworld.blogspot.com  )

"Buy at 03.25 pm one (or multiples thereof) futures lot of the stock which satisfies the following conditions:-

 
1) is 1.5% to 3% in the plus,

2) ahead of nifty by at least 1%

e.g. if nifty is 0.3% in the green, the stock should at least be 1.3% in the green.The technique works quite well even if nifty is in the red, but risk increases.

link : http://www.nseindia.com/live_market/dynaContent/live_watch/live_index_watch.htm

3) the sector (in which this stock falls) is at least in the positive.

link : http://www.nseindia.com/live_market/dynaContent/live_watch/equities_stock_watch.htm?cat=N

(preferably belongs to the best performing sector of the day which has shown day-long strength.)

4) the sector (in which this stock falls) is not showing a dead-cat-bounce
and sell in the first 60 seconds of opening of the market the next day!!!"

If it opens low due to "kneeling" of the stock by nifty, hold on as the stock most likely will fill the gap and bounce in the green. Keep stop loss at 1% of previous day closing....

If any of the above mentioned 4 conditions is violated, find the next stock in the waiting list which satisfies all of these conditions.

If none of the stock qualifies, don't trade that day.

Caution:-

Overnight disaster/unfavorable news in the local or world market may result into big gap opening which may result into substantial loss. 

Such disasters happen rarely, but may happen. 

Last time it happened was when Congress returned to power in May09 shocking everyone, trapping many who were short! 

To overcome such a situation, I always ensure that I don't leverage much. Also, that I have enough funds at my disposal to hold on to such losing situations for long. 

I never play with the money which I can't afford to lose in case of disasters. 

Except for this eventuality or the error in picking the stock, I have found this technique more than 90% accurate.

It has helped me and many of my friends overcome huge loss backlogs. 

Many have made huge huge money using this technique. 

Many use this technique full-time.

This technique is very effective for those who are flush with funds and have huge backup (no doubt money attracts money!).

I must admit, whenever I use this technique, my stress level is rarely zero. Although I can't do anything (majority of the times I don't need to) but i can't help being glued to TV for latest news in the world markets. Sometimes, I have restless sleep.

The consolation is that the returns are shockingly high and quick.

The beauty of this technique is that there is no monitoring required,you are in the market for less than 90 seconds,patience is not required (it is forced; u can't do anything till the markets open the next day!) there is no stop loss.

it works in rising as well as falling market conditions!

My Experience 

More rules added by me 

1. Only Trade in Nifty Fifty Stock

link : http://www.nseindia.com/live_market/dynaContent/live_watch/equities_stock_watch.htm?cat=N

2. Only trade when 70% of Nifty Shares advances on that day

 
3. Must trade when Nifty close above 5day High EMA 

link : https://drive.google.com/file/d/0B1y9IhKnJKiPb0dDTS1ydTY2TXc/edit?usp=sharing

link : https://drive.google.com/file/d/0B1y9IhKnJKiPeEV0R19GQklvZzQ/edit?usp=sharing

Performance Sheet link : https://docs.google.com/spreadsheet/pub?key=0Aly9IhKnJKiPdHRtVmVKbVJfMFlQazNOUEtpYTk1eWc&output=html