Guys post your daily trading status

60 day challenge result

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up 6.4% today.

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Not much today :slightly_smiling_face:

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1.1% last week. :slightly_smiling_face::+1: Just 5 positional trades!

Learn how to sell index options, follow our posts. Follow us - http://bit.ly/nbntelegram

Best,
Raghu
www.niftybanknifty.com

Its been a difficult trading day!!

Markets still falling.

Account up 7% today. Great Shorts in the last hour. Hope you all caught the move.

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~56k … Most profits came after 3pm

Follow me guys if you want to check my trades ( mostly bank nifty shorts :grinning: )

https://twitter.com/velmuruganms

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Love It. Damn Impressive. This is something I am trying to replicate for some time now but could not. May I ask how you pick a stock to trade ?

Simple. I have a strategy to catch trends.

When markets don’t trend , like most days. All i do is manage the risk. i.e Try my best to reduce the risk.

The idea is to keep low volatility and high returns on your trading account.

Hardest part is keeping the volatility low in your trading account. Thats where most of the work goes.

So for e.g if i take 10 setups and i risk 1% on each setup. My total risk when all positions are on is 10% of trading a/c. Now your job is to keep bringing it down as much as possible by end of the day. So even if you lose on all your positions and manage to lose just 1 or 2% of a/c , thats a win in my book.

The rest , trends take care.

Pick any of the trending strategies that you are comfortable with and pick the stocks.

Having said that, Managing risk should be TOP priority than picking stocks or picking/Changin strategies.

The reason i pick trend strategies over sideways strategies is in trend strategies you get the most effective R/R ratio and probabilities.

i win like 5 or 7 days a month, the rest of the days are losers, but manage to make around 10-15% a month. Depending how volatile each month is. Some are good , some low volatile months.

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Got it. Thanks for explaining in detail. Keep posting everyday and good luck.

Exited too early !!


Damn ! Broke rule and cant trade anymore. Done for the day. :expressionless:
It hurts to sit out expiry day but cant keep doing mistakes.

sold 30300CE today, running profits of 4,750

past two days there was not much time decay , today was good :slight_smile:

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profit of ~23k ( ~1% of capital) in expiry trade today. Market was volatile but could manage well. 30200 CE of bnf tricked multiple times and made SL hit many times. profit reduced because of last 30 mins movements but still decent profit .
video of today’s whole day trade is captured having profit of ~1% capital (~23k) . experience and learn expiry trade even on highly volatile days starting at just 100/- rs by watching this video .
for details DM

at https://twitter.com/rohit_murari