1. While going through July, 2017 Newsletter by Reliance Securities, we were immediately seized with their following bar chart.
2. Reliance Securities are stock brokers. They regularly issue their Research Reports suggesting securities to buy or sell expected to be held by their client Traders/Investors on Intraday (i.e. trades to be taken for short term basis of 1-3 days or so) or Positional (i.e. trades to be taken for a number of days or weeks) basis.
3. They issue such buy or sell suggestions based on their analysis of Fundamental factors (i.e. relating to company performance and events affecting company) or Technical factors (i.e. relating to stock price chart patterns, technical indicators of momentum, volume, volatility etc.)
4. The above bar chart is a comparison of the results achieved by following their various suggestions which were based on: -
a. Intraday timeframe (i.e. trades to be taken for short term basis of 1-3 days or so) on Fundamental basis;
b. Positional timeframe (i.e. trades to be taken for a number of days or weeks) on Fundamental basis;
c. Intraday timeframe (i.e. trades to be taken for short term basis of 1-3 days or so) on Technical basis;
d. Positional timeframe (i.e. trades to be taken for a number of days or weeks) on Technical basis
5. It is seen from the above chart that: -
a. During March, April, May and June 2017, highest performance (of 73%) was achieved for Positional timeframe (i.e. trades to be taken for a number of days or weeks).
6. It is a telling endorsement of our views that Traders/Investors have their best chance of consistent success on Positional timeframe (i.e. trades to be taken for a number of days or weeks) and they should focus their time, effort, energy accordingly.
7. Our EWATSS® (Elliott Wave Analysis and Trade Selection System) Trading System may assist you to make your trading life simplified and easier on Positional timeframe which it is designed for.
Kindly also see : SEBI tells clearing corporations to monitor intra-trade losses
Best wishes.
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