My Top Trading Strategy For 2017 - Views on News from Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  
The Equitymaster Research Digest

My Top Trading Strategy For 2017
Jan 4, 2017

Editor's note: Today, we are sharing a great essay from Apurva Sheth, our colleague over at Daily Profit Hunter, on his top trading strategy for 2017

2016 was a flat year for the markets. The Nifty started the year down almost 12% in the first two months, hitting a low of 6,825 on Budget Day. The index then stabilised and rallied smartly for the next six months.

It eventually topped out at a high of 8,968 in September. The ride south wasn't very smooth as the index gave up 50% of its 6,825 to 8,968 gains in just two months. It hit a low of 7,916 soon after the double whammy of the US elections and demonetisation.

Finally, the Nifty ended the year with gains of just 3%.

It was second year in a row of negligible returns (-4% in 2015). The index ended 2014 at 8,282 and 2016 at 8,185. So over a two-year period, the index has barely changed.

That's not great If you're a buy-and-hold investor. If you weren't invested in the right stocks, your returns were far from optimal, perhaps even negative. And that's why trading should be a part of your investment strategy. Trading not only helps improve your returns but reduces your risk.

To Read the Full Story, Subscribe or Sign In


India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

MARKET STATS