Comment on Mr Consistent returning incredible returns

Madan commented on 27 Dec 2013, 05:07 PM

Sajeev,

I don’t follow news at all. There have been instances where the mkt moves like 2% in BNF and later i figure out that it was RBI announcement day. So, both my backtested and real trades did not take all these events into account.

Nowadays, i just keep track of them as i would get very nimble around 11 AM (usual RBI announcement time) in executing trades (if i had to close out or create a new position). FED announcements – no change in the plan as it happens overnight anyways.

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