Today was a volatile day for Bank Nifty, with PnL swinging up and down throughout the session. So far, November has not been favorable for trend followers, as the strategy has posted losses almost every day. However, this is the inherent nature of trend-following. Traders must remain calm and stay disciplined during such periods.
Bank Nifty Chart:
Profit and Loss for the Simulated Strategy:
- BN Futures 5 min Renko – Total Trades (12) – Profit/Loss (-3833)
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