@Definedge
What does it mean by "Manually execute the exit trades from there".
Isn't it one click? Do we require to sell shares one by one?

@Sandeep Kabariya
You can run the same scan on the entire universe which is used by your strategy.
But I am not sure in which order the result is appeared or how to get the result as per strategy's ranking logic.

I can suggest one method. Create a group of holding as per the latest rebalancing. Run your momentum strategy scan on this group. Shares which do not appear in the list can be sold.
My suggestion, when you are following a system, have confidence and act according to the strategy. When you start interfering, you will be influenced by your bias and the very purpose of whole exercise will defeat.
Train your mind to follow it and remain invested at least for 3 to 4 years

We are currently replicating the strategies described in Mr Prashant Shah’s book, comparing the outcomes with those presented in the book, and engaging in discussions on the forum.

In my assessment, any difference in results may stem from minor variations in one or more parameters. This observation is not intended to challenge anyone’s understanding. The book was written a few months ago, and since then the system may have undergone multiple refinements, which could also explain the deviations.

That, however, is not the key issue. These strategies should be viewed as guiding frameworks that demonstrate how parameter adjustments can help in achieving optimized outcomes.

While the back tests suggest the possibility of substantial gains—running into crores of rupees—there is no guarantee that markets will behave in exactly the same way in the future. Performance may improve, or it may deteriorate. More crucial than the projected gains is our psychological preparedness: Are we truly ready to remain invested for the duration assumed in these back tests? How will we react when faced with such huge potential profits? At present, many of us may be comfortable investing ₹20,000–25,000 in a single stock. But when the situation demands an allocation of ₹4–5 lakhs in one company, the psychological challenge could be significant.

Therefore, our focus should be on adapting these strategies to minimize drawdowns, as initial losses can easily undermine confidence. By working in this direction and openly sharing our experiences, we can create valuable learning opportunities for all participants.

Yes. It can be done before approving the basket. I am not from Definedge team. My statements are based on my discussions with the support team and various videos of Definedge. @Definedge can correct me if I am wrong

You are mixing two different things. Momentify platform suggests that which shares should be sold and which one should be bought. Once we confirm it (after getting email notifications) Momentify sends these details to trading platform. Sales proceeds of SL triggered shares would be lying in the trading account and you can take appropriate call for withdrawal of the funds. Momentify will continue to suggest for buying new shares on the next rebalancing date irrespective of the fact that your trading account has sufficient balance or not. I mean if you give confirmation to the re balancing and trading account doesn't have sufficient balance, some of the trades would be rejected.

I had also asked this question to support desk. All the scanning for rebalancing i.e. exit existing holding and buying new shares is done at EOD I e. after market hours and a mail is sent to us. Same way, checking of SL criteria is also at EOD and mail is sent. Such exit is carried out on the next working day only.

I have created a Momentify Strategy where one of the filter conditions is from RADAR MIP-Momentify.
I observe that some company shares are in the basket but not in the MIP-Momentify list.
When it is using a filter condition, how such shares with negative results can appear in the basket?
I have attached the list for your perusal.

As suggested in the help about "Price Below" option, if we opt for "Reinvestment" subsequently, due to accumulation of the realized profit, this 20,000 would be redundant because I would be able to buy shares of one company with much large amount.

My suggestion, instead of asking us to put this limit, system should check the position at run time and accordingly exclude those shares from the basket.

I refer to following video on Unique ETF & Option Straddle Strategies You Must Know! Finding Edge by Mr Prashant Shah and Mr Deepak Patwardhan:

https://www.youtube.com/watch?v=nxVjXWLbQt8

Mr Deepak has nicely explained his strategy on ETF trading and Mr Prashant has thoroughly explained features of various functions.

My question is can this strategy be used for medium to long term investment in shares? If yes, what should be the values of relevant parameters used in it.

I refer to the Definedge Video on Active investing in Passive funds (ETFs) - Just monitor once a day | #Marketरुबरु | AP | Raju R |
https://www.youtube.com/watch?v=ds8mQo17oJo
I have recently opened account with Definedge. Can you give me any hint as how to create a scanner which can tell me about the qualifying ETFs.

@Vishal Ambhore
Thanks a lot

I am also facing the same problem. When I try to scroll the chart by moving two fingers from left to right (as we do in TradingView), the entire page shifts and earlier version of the page appears (as we press back button to see the history page )

I refer to the video: Unique ETF & Option Straddle Strategies You Must Know! Finding Edge https://youtu.be/nxVjXWLbQt8?feature=shared
During explaining his strategy, Mr Deepak has discussed about D-Score Scanner.
But I observe that it is missing at the location pointed out in the video

The number of menu options are same. Has it been renamed?
Please guide.

It might be possible as the platform has been launched recently. Every software is subject to fine tuning and such process is more frequent in earlier days. This could be one of the reasons for such differences.

I am not protecting Definedge. An official statement from the Definedge preferably by Mr Prashant Shah will certainly help in this regard.

I have watched recently published podcast of Mr Prashant Shah with Mr Vijay Thakkar on Momentum Investing.

I was aware of the concept and I had already tried to carry out backtesting of the Momentum investing concept in GoogleSheet on Nifty 200 shares. I had pulled daily data of Nifty 200 shares for 8.5+ years with the help of GoogleFinance functions. Although it was done with very limited resources but I could get clear idea of its benefits. But deployment of this concept in live scenario was impossible for obvious reasons.

Mr Shah has thoroughly explained how it can be backtested and implemented in the virtual and thereafter in the real environment. Immediately, I opened account with Definedge.
After doing multiple rounds of backtesting on different Nifty group shares I got some very good results. One of the results is attached. CAGR of 60+ is unbelievable. Max DD is 10.86%. I tested the strategy for various periods and got good results.

As I am new to this platform and still exploring the features, I want to know that which built-in functions can be used in reducing the drawdowns in real life scenario.