yet to touch crude oil in my trading life 
is it as predictable as index trading ?
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Thank you for taking out the time to write a reply. Thanks to you one major question of mine has been answered. It was bugging me for quite sometime. Also please keep posting your profits, I or traders like me get inspired by such posts.
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I touched when crude mini was there and wiped out my capital twice when I was noob.
P.s : capital is 5k + 5k 
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@velu All I can say is that crude is momentum based, so if it goes one side, it continues to go for some points before it reverses (this you have to calculate based on historical data and tweak it to suit your strategy); it obviously moves just like any other stock in the market with its typical choppy and trendy days. I haven’t traded much of index, so can’t say about the comparison between the two. I trade crude oil because of liquidity, I can punch as many as 1000 lots in one go with only slight slippage; this however has become difficult since last couple of weeks and now I am barely able to trade 200 lots in one go, so I actually intend to start trading index now. So I have a question for you rather, how predictable is index trading ?
@Akarsh Thanks, good luck!
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for most of the intraday traders expiry day trades are the most important … atleast for me around 1.30pm on expiry day , i can guess the expiry range with 95% accuracy on 75% of the expiries ( today BN data was inconclusive , but nifty data shown expiry will be within 8000-8500 … any move near the edge , we can be take advantage of it ) .
on non-expiry days , if we avoid volatile , event and low premium days ( mean premium decayed a lot before we could enter for the day ) , short strangle will strict SL will give money 7/10 times …
*i follow current week OI + check whats happening in the next week contract and month end contracts + IV change
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@velu Thanks for the detailed post, there seems to be a lot of learning curve to trading indexes.
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Index is much easier to trade as there are reoccurring patterns and it’s easier to track based on the movements of heavy weights. Crude on the other side and that too on MCX is wild. Even though the BRENT or us oil won’t move much but sometimes crude gives wild swings. Plus the currency factor has to be taken in. Only if you trade you can know how easy it tough it is.
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As crudeoil hits circuits, liquidity dries up for large orders and volatility goes up.
Profit 1.63 Lakhs
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How much capital do u deploy sam?
Haven’t u missed the big train ?? 2008 now.
Ur vdo uploads are inspiring. Keep up. 
Ah thank you 
It motives me to stay green .We will be disciplined when everyone watching.
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I trade around 500 lots intraday, but since a couple of weeks, I am down to 100 lots only because of liquidity these days.
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@Alex_R That is ok, my strategy is designed to keep me in green by a big margin every single day. So I am not aiming at all for any once in a blue moon big moves. That is out of my tradebook. I could have made 16L instead of 1.6L, but if you have observed my screenshots, I have been maintaining that range (around 2L) every single day. So the goal is to consistently make far more money than waiting for the occasional big move which I let go of. Not having a day end in red is far more satisfying.
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good discipline…
That is what it should be. 
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Great how do you handle your psychology when your position in loss ? because its 500 lots… or is it systematic /mechanical ? u have SL and dont worry ?
How do you handle sudden moves like yesterday after trump tweet , what if ur stop loss did not trigger.
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I don’t look at positions at all to check whether I am in profit or loss. After every trade, I calculate the total number of points I have made or lost. So lets say if two trades consecutively have been in a loss and I am in with 500 lots, even with a 10 point stop loss for each, it would show 10 lakhs in loss. This would disturb any sane individual temporarily, so I only keep minus 20 points in my mind and continue with the rest of the day. So its like only counting the chips in a casino and not the entire profit/loss made after a trade. That is to be looked at eod.
Yes, I have a strict stop loss and thats why I trade cover orders. I don’t worry simply because I have backtested the strategy randomly on more than fifteen years of data.
Well this has not happened with crude that price tends to skip your slm stop loss price. A little bit of slippage happens, but that is already discounted in the strategy when you backtest.
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Great any plan to automate this ??
Lets take this over pm.