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Kirubakaran Rajendran

@kirubaakaran

Jan 13, 2020 • 8 tweets • 4 min read • Read on X

Many Traders might be using #supertrend with different time frames, starting from 3 minute to 1 hour in #Intraday on #banknifty & #nifty . Some days they make profits and some days they make loss. Have you ever wondered what is the best or ideal time frame to trade super trend?

If you are using higher time frames, you realize that at times when market reverses, you lose more as we have to wait for that one full candle to complete. That’s why many traders prefer trading super trend in smaller time frame. But have you tested it with historical data?

beginners simply consider only brokerage as charges, and think that if we make above Rs.40, we are going to make profits. But totally 6 different charges we end up paying for every trade we make.
Brokerage
Transaction charges
GST
STT
Sebi fee
Stamp duty

I tested the super trend intraday trading system on Bank Nifty from 2009 to 2019 with various time frame 3 mins, 5 mins, 10 mins, 15 mins, 30 mins and 1 hour.
Once in a while you can make very huge returns in lower time frame like 3 mins, on days like Nirmala Sitharaman day

Do you think, you could keep getting such trades? You make big returns when you are right, but lose little when you are wrong, so based on risk reward basis, do you think 3mins time frame is a very good trading system and you can make profits in the longer run?

Super trend when applied on 3 mins time frame, it generated 351% before charges, but after we applied the cost, we realized it doesn’t generate any profits at all. If one continued trading it on lower time frame, he would have blown off the trading account multiple times.

In this chart, it is clearly visible that the lower the time frame - higher the charges, trading on 3mins time frame, you end up spending 10+ lacs on transaction charges alone. We should neither trade on very low time frames nor on very high time frames.

Only 15 mins time frame is able to generate better returns after all charges. Trading Super trend on very lower time isn’t profitable which is proved statistically, if you are doing so, please avoid it squareoff.in/single-post/Be…

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More from @kirubaakaran

Kirubakaran Rajendran

@kirubaakaran

Oct 14

Ever wondered how to combine the power of equities and gold to boost your returns while cutting down risk? I backtested a Dual Momentum Strategy using ChatGPT that returned 1221.50% over the last 14 years! Here's how you can do it too—no coding required. 🧵👇

As we know Equity and Gold are two completely uncorrelated instruments. Compared to Gold, Equity is highly volatile and prone to huge drawdowns. Mostly Gold price tend to go up when Equity corrects since investors move to safer asset like Gold.

💡 Here's the idea:
We combine Niftybees and Goldbees ETFs to create a dual momentum strategy. Simple rules:

1️⃣ Compare last 3-month returns of both ETFs.

2️⃣ If Niftybees outperforms, we invest in Niftybees.

3️⃣ If Goldbees takes the lead, we switch to Goldbees.

4️⃣ Every quarter, recheck and rebalance if needed."

Read 12 tweets

Kirubakaran Rajendran

@kirubaakaran

Sep 26

One day, my 10-year-old kid asked me, "What do you really do?" He was curious, seeing me either watching Netflix or reading books most of the time, and rarely working on my laptop. "I want to understand what kind of work you do," he said.

I explained to him the basics of investing—how you invest in companies, wait for them to grow, and as they succeed, your shares increase in value, helping you build wealth over time.

Without missing a beat, he asked, "Can I invest in Roblox?" I told him, "Yes, Roblox is listed in the US markets." To make it more fun, I suggested, "Let’s create a demo account on Investopedia. You can pick 10 companies you know, and we’ll invest in them.

Read 14 tweets

Kirubakaran Rajendran

@kirubaakaran

Jul 31

SEBI has released a 18 pages consultation paper related to F&O Trading, more than 78 lacs traders lost close to 50k crores in FY24, this is the major reason for SEBI's action, here's the short summary what it means and how it can impact active traders,especially Option Traders🧵

Here's the proposal from SEBI regarding index derivatives.

1. Limiting the no of strikes upto 4% with regular intervals, after increase the width of the strikes interval. Say Nifty is at 25,000, 4% of underlying is 1000, Nifty strikes will be between 24000 to 26000 - 50 interval

At the max Index can have 50 strikes only, in the above example we have close to 40 strikes, so remaining 10 strikes can be added, 5 in put and 5 in call. So below 24000 and above 26000, strike intervals will not be in 50s, it could be in 100s or 200s or 500s.

Read 17 tweets

Kirubakaran Rajendran

@kirubaakaran

Jul 30

I went on a ten days family trip to Ladakh, what was suppose to be an adventure trip turned into a nightmare. If you are planning a Ladakh travel, this thread might help you in what you should expect once you land in Leh. 🧵

Many people have Ladakh trip in their bucket list mainly because of the picturesque landscape, high altitude motorable passes for bike ride. But we always wanted to go there because of low light pollution that lets you do star gazing where even Milky Way is clearly visible with naked eye.

Before we started our travel, we did a complete research about the places we wanted to cover. Nubra Valley, Pangong Lake, Tsomoriri lake, Lamayuru, Hanle. It’s hard to cover all these places in short span of time, you need minimum ten days to explore the landscapes of these places.

Read 15 tweets

Kirubakaran Rajendran

@kirubaakaran

Jul 7

1 Lac invested in this stock has become 1.5 Crores in less than one year. Upon further research found a pattern in all such stocks which made a phenomenal move within short span of time, here's the detailed report 🧵

SABTNL is one such stock where stock price gained more than 20500% in less than a year. Inspite of having poor fundamentals the stock price has sky rocketed.

Fishy part is promoters have increased their stake from 22% to 60% in just one quarter. Public holdings and DII holdings decreased during the same period. Looks like an organised pump and dump play going on.

Read 8 tweets

Kirubakaran Rajendran

@kirubaakaran

Jun 17

I have made close to 90 lacs profits in the last 267 trading days with my trading system. In the last 6 months made 50% net returns. Not even a single day I have interfered manually. I was in a dilemma, should I withdraw profits or continue to compound? I decided to …🧵

I decided to withdraw profits to buy a flat. If you check all my old tweets, I would have tweeted always against buying a property. What changed my mind to buy a flat instead of compounding my capital. Let me explain that.

Trading is a tough profession, market doesn’t care how intelligent you sound, end of the day if you are not disciplined enough to follow your trading system, it kicks you out. It’s not a question of does option buying works or option selling works or Greeks works?

Read 18 tweets

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