How to Increase your trading profits? Candid discussions with Mr. Pravin Patil

How To Increase your trading profits?

Today just had an discussion with our expert trader and mentor Mr. Pravin Patil.

Below are some of the points that were discussed.

Law of large Numbers - Max equity returns per year from Indian markets index option selling trading will be roughly around 36-40% with acceptable draw down (DD 8-10%) .
Focus more on testing and execution of trend following system as weekly and monthly options data is small. Try to find trend following positional strategy.
Do not think about returns just perfectly execute your systems. Compounding will take care of the returns.
CALMAR ratio around 3 is good and above 6 is much better. Calculate CALMAR ratio for individual strategy and portfolio capital level.
Do not try to curve fit your strategy, let it run on simple rules that can be easily back tested.
Discover complimentary strategy for smooth equity curve and reduce the draw down.
Do system trading for 2-3 years and then only you can try discretionary + System trading.
US markets are highly efficient now after running for 60 + years. Indian markets may remain inefficient for next 2-3 decades.

Thank You Pravin Sir for your valuable guidance and mentorship.

Love,

DPZ.

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