Guys post your daily trading status

What you traded? How much loss?what do you expect?

It good that you are joking your losses away!!
But this also needs to stop someday and you need to be more serious in trading.
Best of luck.
ask away if you want any help

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Due to some reasons you are able to afford this immaturity as of now. But one time would come when you would be forced to choose to break or be tough. Remember, have faith at that time, not fear. Stop blaming the absence of system and edge, and choose to learn driving up your curve without these headlights :wink:

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"Due to some reasons you are able to afford this immaturity as of now. " This is not immaturity this is called having a sense of humour . All of us should also try to get this sense. Lowers the tension !

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I felt i kinda know @Smak_DxbUae by now, @rahulr . Better if I’m wrong!


Expiry day trade. If leverage gone i will stop trading.


Today’s trade.

If You want to witness immaturity go to r/wallstreetbets and marvel at the lunacy going in there. :rofl: :rofl: :rofl:

Bingo! I’ve been reading about how stonks change ur life and account from there as well… @rahulr

Buy high Sell Low baby !! :wink: :wink: :wink:

A seasoned coder cum trader once told me that the best trading system is one which one can write in a small piece of paper. In my experience simple stuff works better, longer and likely to perform as close to the backtester in a live trading scenario. If I were you, I would look for some simple stuff like a moving average to get started.

In trading the moot question is this - does one have a trading plan that one can follow always ?

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1 April - 30 Nov 2020 P&L.

  • Only Nifty trades. Enough liquidity ensures low trade slippage. Also very difficult to manipulate like in stocks.

  • Only buy options. So no leverage and excessive risk. For each trade the risk is well defined and limited to option premium no matter where market goes.

  • Trade with Nifty Daily chart only based on previous day valid data. EOD data is free from NSE. No data errors like missing ticks and signal changes after market close.

  • Pre set orders before market open so no gluing on to the screen. 15 min a day tops.

  • Positional trend following system with average holding period 4 days. Keeps the charges low.

  • Backtested system using Nifty data from 1990. Bull or Bears on the roll, flat or volatile on the street it works. Gives confidence to trust no matter what market does.

  • Follow the system rules every single day with out fail.

When we trade with a plan that we can follow this happens

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Good greens last expiry :slightly_smiling_face::+1:

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1 April - 30 Dec 2020 P&L.

Glenn McGrath picked 563 test wickets mostly by putting ball around the same spot in the 22 yard cricket pitch. He was not express pace. He didn’t swing the ball prodigiously either. But he was super consistent.

In trading, if one can consistently execute a descent trading plan, lot of money can be made.

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Agreed. Its not t20



Starting of January series is good…

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First week of January done well.

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Quick profit. Now profit becomes my habit …:money_mouth_face::money_mouth_face::money_mouth_face::money_mouth_face::money_mouth_face::money_mouth_face:

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Goood @gopchem