Today’s market was highly volatile, with Bank Nifty option prices experiencing significant fluctuations throughout the session. In these choppy conditions, trend-following strategies tend to underperform, resulting in frequent PnL swings and reduced consistency. Although the day ended with a marginal profit, this result is misleading; the strategy executed 8 trades, making the small gain effectively a loss when accounting for transaction costs and effort.
Bank Nifty Chart:
Profit and Loss for Simulated Strategy:
- BN Futures 5 min Renko – Total Trades (8) – Profit/Loss (+72)
Intraday PnL:
Detailed insights into the strategy can be found here.
Disclaimer: The profit and loss figures provided above are for educational purposes only. Implementing these strategies without adequate knowledge may lead to losses. For more information and guidance, please contact me at: simplestrategieswork@gmail.com