I am Rajesh Ganesh, M.Tech (CSE) graduate from I.I.T Bombay having 12+ years of experience in the design and development of software for networking devices.
But the returns and leverage that it gives has tremendous potential and after looking at the results my inquisitiveness grew as to why trades fail on all other days.
Is there a way to circumvent it?
How about a reentry?
What if during a day the low is hit before the high or viceversa?
What will be the impact?
Having only the end of the day data to implement a day trading system is certainly a bottleneck and also will be mostly inaccurate if traded in real time.
So in order to get a feel of all of the above and also to gain some good amount of knowledge so that things can be automated for positions to be entered and exit out multiple times in a single day, I had to take the mantle of a trader myself.
TripleInt was thus born and based on my experience, combining the analysis of end of the day charts along with intraday charts and timing the entries based on bull or bear trap gave the best results.
To share all that and also the results of endless back testing strategies, creative money management strategies etc., tripleint.com was created.