Let me repeat. All that is required is one strategy for trading. No, I am not considering the whole Demand Supply method as the strategy. Of course this strategy is derived from the Demand Supply methodology, but it's a crystallized version of an important concept within the Demand Supply methodology. If you know the basics, that is, what are Demand/Supply zones and how they are marked, and of course this strategy which tell you "Which Zone to use" then it's sufficient knowledge to execute this strategy. This is like a cheat code used in video games!
What else?
Well, the execution of this strategy is done on an intraday time frame, so you may call this an intraday strategy, but the best part is that it's a set-and-forget strategy, which means that once the zone is identified, you can place the Entry-Stop Loss-Target on the system and walk out. So I extensively use Bracket Orders for executing this strategy. At the end of the day I come back to see the result of the trade. I use proper position sizing to determine the quantity (no. of stocks) for each trade so that the Risk and Reward of the trade is known before hand. With experience, I prefer keeping the Target at 2.5 RR, my risk being Rs.1000 per trade, so a successful trade yields Rs.2500 and a Stopped out trade loses Rs.1000. If you want to learn how to determine the position size quantity of each trade then watch this video - https://youtu.be/lQo0RBPpK_g
Anything else?
Ok, let's assume that you place 5 trades with this strategy every day and only 2 get executed, other three don't get entry today (it may get tomorrow or later when price arrives to the zone). So in a normal month of 22 trading days, there would be 44 executed trades with this strategy. Assuming only 60% of these executed trades are successful and remaining 40% are failed Stop out trades. So what we get is: 60% of 44 is 28 trades that are profitable and remaining 16 trades are Stop loss trades. So this works out to be: 28 x Rs.2500 and 16 x - Rs.1000 = 70000 - 16000 = Rs. 54000. Of course there would be brokerage, taxes, exchange charges, etc that is deducted in every trade. This is the power of using proper reward to risk ratio and proper position sizing in every trade.
Some trades using this strategy:
