We had closed the December 2022 series with a loss of Rs. (-) 16574 on December 27.
Year 2022 was not a great year for this strategy’s performance.
Overall, the year was profitable but not something to brag about.
Results of year 2022:
|TOTAL for 12 Months||54965|
With 5 losses in 12 months, the performance this year has been surely lacklustre.
Hopefully, it will get better and catch up with the average performance over time.
Results of previous 26 months:
I am using the images already shared in earlier reviews.
24 months from November 2019 to October 2021:
2 months — November 2021 and December 2021:
Profit in 2 months — 13516.
Profit in 26 months — 272772 + 192147 + 13516 = 478435.
Total Profit in 38 months:
478435 + 54965 = 533400.
On a starting capital of Rs. 500000, the return in 38 months works out to 106.68%.
This return is much better than NIFTY and BANKNIFTY gain over the same period.
Outperforming the major indices is the performance touchstone for any strategy and Money In The Bank has been giving good results all through the 38 month period even after accounting for the poor show in 2022.
There is every reason to continue with the strategy.
Murthy January 22, 2023 at 7:26 pm
Sir, have you stopped Money in the bank stratergy for this month of JAN 2023?? If so please let us know the reason, please sirReply
Pramod Kumar January 31, 2023 at 8:13 am
Did not set up as the credit amount was not satisfactory. Will review next month. Even February series was not set up. Cheers.Reply
Nagaraju January 27, 2023 at 2:25 pm
could you share us the sell and buy prices so that we can relate with our entry exits and get clarifications if anything missed out ?Reply