Dear Prashant Sir,

I am driven by the principle that vibe attracts tribe and deeply value the collaboration and support shared among fellow traders. Fueled by a deep desire to help others, I aspire to contribute meaningfully to Definedge and the financial markets industry, aligning my passion with the company’s vision.

To prepare for this transition, I’ve started documenting my learning journey, showcasing skills by posting trade analyses and backtesting results. I’m actively networking, gaining practical experience, and leveraging transferable skills from my background, such as project management, data analysis, and problem-solving, which are highly relevant in finance.

I am also keen to explore opportunities to volunteer or intern with Definedge to deepen my understanding of the industry and contribute to its mission.

I would greatly appreciate insights into the certifications, skills, or steps I should focus on to establish myself in this domain. By asking this question publicly, I hope to not only learn but also inspire and guide others pursuing a similar transition. Any advice from experts and the Definedge team on crafting a structured roadmap would be invaluable!"

Best Regards,
Shobhhit Acharya

@Anurag-Rathore Sir, Really Appreciate your efforts in jotting down issues pertains to Auto Trade Engine. Some of the issue reported to Definedge team and Support Ticket raised.

Jan-25 Commodity Strategy Outcome!!!

Key Learnings

1. Psychology-Mastering Greed & Fear is must to materialize backtest results.
2. Automation can help in improving Execution.
3. Less is more, trade one but let it run.
4. Risk: Reward should be more then 1:3 to sustain.

Even I have requested for such option, as per my system, For Long Trades, Initial SL should be Minimum of (DBS & D-Smart WL Value)

On Comparing manual Backtest test summary of Pullback and Breakout systems. It was found that there was no significant difference in the results. Hence, learnt that Focus should be on Execution. It is important, to materialize gains in actual.

@Prasiddh-Shroff Yes, CARTRADE screened using Pre-Defined FIVE STAR STRATEGY only

Thanks for confirming, does following is a matter of concern for positional trade.

Pitfall
3 Years Profit CAGR is -13.99%
DII have reduced their stakes by 2.34% in the latest quarter (22.01% to 19.67%)

Turtle Breakout both on Price and RS Chart.

@ASHISH-MAURYA You can use Support & Resistance Tool from Tool bar, screenshot attached for your ready reference.

@Ravi Shinde I don't have the stats right now, but for sure it's not good. I'm experimenting with it to see whether the Intraday trading style suits my temperament or not. After practicing the setup for almost 2 and half months I have realized following things from my own experience.

1. Lower the TF, Higher the Whipsaw's.
2. Trading psychology plays a lot in short term trading. I have broken trading rules of position sizing, risk mgmt. etc. due to greed, to cover losses, revenge etc.
3. Profits booking is another thing, I struggled with. As during consolidation, risk: reward is not favorable. I have observed it's less than 1R.
4. With so many SL's hit, I lose confidence and struggled with trend riding and capturing trending moves as well, so probably a good trending move of 3R, I might have captured.
5. Mistaken, intraday trading is easier to mint money from market using Algo. It requires a good amount of time, energy & emotions.

Thanks for asking the questions, I'll get back to you with the actual trade's stats.