Newbie Trader

@grok @Bluearcsys @cryptogoos @grok what is force majeure?

Yes, according to QatarEnergy CEO Saad al-Kaabi in today's Reuters interview: Iranian attacks damaged two LNG trains and a GTL facility (costing ~$26B to build) at Ras Laffan, knocking out 17% of Qatar's LNG capacity. This causes an estimated $20B in lost annual revenue for 3-5 years, with force majeure likely on some contracts.

🚨BREAKING: Qatar Gas CEO says: We incurred a $20 billion loss at the facility we built for $26 billion two years ago.

May,June & July positional strategy performance: Automation errors: 0 System PL: +36416 Rs Discretionary trades: 0 System Net PL: +36416 Rs Net ROI: +0.6% #SystemTrading

April positional strategy performance: Automation errors: 0 System PL: -129786 Discretionary trades: 0 System Net PL: -129786 Rs Net ROI: -2.16% #SystemTrading

February & March positional strategy performance: Automation errors: 0 Feb System PL: -642953.00 March System PL: +1276618.00 Discretionary trades: 0 System Net PL: +633665 Rs Net ROI: +10.56% #SystemTrading

January positional strategy performance: Automation errors: 0 System PL: +1123061 Discretionary trades: 0 System Net PL: +1123061 Rs Net ROI: +18.71% #SystemTrading

typo => Automation errors: -40000

December positional strategy performance: Automation errors: -4000 System PL: -694966 Discretionary trades: 0 System Net PL: -734966 Rs Net ROI: -12.24% #SystemTrading

November positional strategy performance: Automation errors: -98500 System PL: +887525 Discretionary trades: 0 System Net PL: +789025 Rs Net ROI: 13.15% It took 7 months to recover max drawdown and hit a new high. Trading requires huge patience. #SystemTrading

@vaibhav2ghadge monthly. both indices and stocks.

@prob_trader It’s on bank nifty or nifty.. monthly or weekly

October positional strategy performance: Automation errors: 0 System PL: +222989 Discretionary trades: 0 System Net PL: +222989 Rs Net ROI: 3.71% #SystemTrading

@quatltd Time drawdown is very tough to handle! Kudos to you bro 👍👍

Stocks algo moth wise report. No profits for 5 months(Mar - Jul). Most ppl may quit there. Jan 15% Feb 10% Mar -10% Apr 8% May 0.8% Jun -0.4% Jul 0.2% Aug 3.7% Sep 18.5% #algotrade #trendfollowing

September overall performance of all strategies combined: Automation errors: 0 System PL: +266473 Discretionary trades: 0 System Net PL: +266473 Rs Net ROI: 4.44% Stopped trading ORB system as it incurred severe time drawdown! #SystemTrading

August overall performance of all strategies combined: Automation errors: 0 System PL: +282029 Discretionary trades: 0 System Net PL: +282029 Rs Net ROI: 4.7% #SystemTrading

July overall performance of all strategies combined: Automation errors: 0 System PL: -86147 Discretionary trades: 0 System Net PL: -86147 Rs Net ROI: -1.43% #SystemTrading

@sanjay_trader28 Drawdowns are inevitable. We have to be friends with drawdowns 😅

@prob_trader I see that u are in drawdown heavily for last 3 months continuosly. How do you handle this psychologically

June overall performance of all strategies combined: Automation errors: 0 System PL: -84346 Discretionary trades: 0 System Net PL: -84346 Rs Net ROI: -1.4% #SystemTrading

May overall performance of all strategies combined: Automation errors: 0 System PL: +460031 Discretionary trades: 0 System Net PL: +460031 Rs Net ROI: +7.67% #SystemTrading

@Only_Nifty Take care bro

@Digvijapatil yes planning to exit if it hits 2xMaxDD

@prob_trader You should close this stratgey after do much loss

April overall performance of all strategies combined: Automation errors: -170000 System PL: -815189 Discretionary trades: 0 System Net PL: -985189 Rs Net ROI: -16.4% System is in severe drawdown! #SystemTrading

@NiftyTraderAlgo yes positional hourly timeframe

@prob_trader Is it positional strategy on INDEX hourly TF? Many are suffering severe DD last 8+ weeks.