What is Andekha Sach?
Andekha Sach or the Unseen Insights are the hyper personalised truth / insights of your own trades that can help you improve your performance and avoid certain mistakes. Our proprietary engine processes millions of data points to identify patterns, trends, and correlations in your trades to provide valuable insights based on your trading performance and strategies.
How do I access the Andekha Sach / Unseen Insights in Samco App?
The Unseen Insights are easily accessible in the App. Two ways to access it:
1. Click on the My Trade Story widget on the Main Dashboard and voila you can see the Unseen Insights.
2. It is also easily accessible within the Portfolio section of the App. Simply navigate to the My Trade Story in the Portfolio Section and then tap on "Analytics" section to view and explore the valuable insights generated from your trade data.
How can Andekha Sach / Unseen Insights help me?
Unseen Insights analyze your trade data to uncover patterns such as profitable trading strategies, optimal averaging techniques, effective stop-loss placement, and more. By identifying these patterns, you can replicate successful approaches and avoid repeating mistakes.
How can I use the Actions Suggested in the Unseen Insights section to improve my trades?
The Actions Suggested in the Unseen Insights section provide specific recommendations based on your trade data. They may suggest actions like squaring off positions, implementing trailing stop-loss orders, or adjusting your trading strategy. By following these suggestions, you can make informed decisions to improve your trading performance.
Are the Unseen Insights suitable for both beginner and experienced traders?
Absolutely! The Unseen Insights are designed to benefit traders of all skill levels. Whether you're a beginner looking to learn from your trades or an experienced trader aiming to fine-tune your strategies, the insights provide valuable guidance tailored to your specific trading data.
What is Samco Trade Score?
The Samco Trade Score is our proprietary score that estimates your overall success in trading and helps in predicting how successful your strategy is. It considers your strike rate and average win/loss size.
If your Samco Trade Score is less than 1, then tremendous improvement is required or else your chances of making money in the stock market consistently are extremely low. Similarly, a score above 3 means you are doing a great job and you should continue doing so!
You can also in detail evaluate your trading segment-wise, sector wise and market cap wise score by clicking on the Samco Trade Score widget.
What is Strike Rate?
Just like we have strike rate in cricket, your trading journey also has a strike rate. Strike rate in trading is essentially your Winning Trades % which refers to the percentage of trades that are profitable out of the total trades taken.
For example, if you made 20 trades and 14 of them resulted in a profit while 6 resulted in a loss, your winning trades percentage would be 70%.
A higher strike rate indicates your ability to consistently pick profitable trades. On the contrary a lower strike rate means higher losing trades %, which means that most of the trades you take result in losses.
You can also evaluate your trading segment-wise, sector wise and market cap wise score by clicking on the Strike rate widget.
What is Average Win Size & Average Loss Size?
In cricket, this would be similar to calculating the average number of runs scored by a batsman. For traders, it represents the average profit or loss generated per trade.
The Avg Win Size refers to the average profit in amount terms & % terms you make on your winning trades. Similarly, average loss size refers to the average loss in amount terms & % terms you incur on your losing trades.
This metric provides insights into the consistency and magnitude of wins and losses. A higher loss size indicates poor risk management. For success, it is ideal to have a higher Avg Win Size and lower Avg Loss Size.
You can also evaluate your segment-wise, sector wise and market cap wise win/ loss size by clicking on the Average win/loss size widget under the Trade Analytics section.
What are Winning days and losing days?
As everyone knows, the holding period is the days for which each of your Round trades are held. But holding period by itself is not a good metric to analyse your trade efficiency.
So under the Holding Period, you can see Days Held - Winners and Days Held - Losers. It represents the average number of days you hold your winning and losing trades.
It provides insights regarding your timing of trade exits and helps you optimise your holding period for better trading outcomes. Ideally, you should be cutting your losing trades faster and letting your winning trades run.
You can also evaluate your segment-wise, strategy wise and market cap wise holding period by clicking on the widget under the Trade Analytics section.