Good performance brother
Can you tell from where you get most and least for your profit % term (options buying, selling, scalping)?
most of my profits usually come from short&long vol trades (~70% i would say). The rest comes from scalping and directional bets, i mainly deploy these to bridge the gap on -ve days from vol trades, i.e. the overall drawdown of the portfolio is reduced.
Lately though (past 3months), I’m done for the day by 9:45-10 am. Some market conditions are just untradeable, better to stay out.
my god 
Is it too much to ask that a broker diligently pushes my orders to the exchange, is able to show what positions i have open and what orders have been executed? Or is this too big a request
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brother you have to calculate risk:reward even you do swing trade you will see profits …nowdays indian market bacame crazy …nifty night go to 40000 in next 20 years even 10 years cannont tell …i got from tata power,purva…
aswin brother you should come to market early on 4th december like days you would see a deep greem in your p&L
was in green when i tried to exit. Broker thought i should hold on, only allowed exit after the position went red 
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Seeing a lot of panic among new traders on sm. Even past profitable traders panicking for not being able to turn a profit in the last few months. There is only one thing that gets me through such phases. I always expect my next drawdown to be right around the corner.
I’ve had many periods in the past, some as long as 6months of being net zero. It’s all the more frustrating when you are gross +ve but the charges have eaten up all the money you made. This is what you sigh up for when you are a trader. Long periods of not making any money (even up to 6months to a year), should become a no brainer.
If the frustration is getting to you, just take a break, a week, a month, few months. This is the biggest benefit that trading offers, make full use of it.
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Problem with above is that market returns are not linear and can come in bursts, esp if system depends on outliers ( trend following can). That one month of vacation may make the returns of the full year in such struggling periods.
Perhaps this works for you. I instead try to understand whats happening and see if i can improve something in system to survive.
Another way to tackle it is to look at whats working in current market and then try to find new edge. Such a system becomes a good candidate for diversification. Obviously, it should work overall too, not just recently.
This can also become a decent way to manage frustration by looking at productive things rather than making a mistake.
I think we need to be better than most of the competition in some way to have staying power and survive through tough periods. Diversification, better systems, large capital, lower risk, no immediate cash needs - all these things can help.
sounds good on paper. The problem with relying on outlier events to save your ass for an entire year of losing money, they come with outlier risks. The exchange may fail, the broker might, your execution platform might. Too many points of failure to deploy systems that rely on outlier events. Personally, would stay far away from such systems.
In any case, if you’ve been doing this long enough, there isn’t anything new that can be found and implemented. It’s always the same things happening in cycles. So, stepping away for a while gives a much needed reset that one may need.
yeah i get that, but that’s’ how it works in my testing. I have never seen a system that goes up linearly. We get periods of under performance and out performance. Not taking advantage of outliers removes a lot of performance from the system.
So I have never felt comfortable with staying out of market because i have no idea when good times will come back. Perhaps a very high win rate system can have this luxury.
Instead i try to make sure that even in bad times we can survive reasonably well so that system is ready to run when things start working. So not depending on outliers to recover loss, but rather using outliers to make good money.
Anyway 6m DD is quite normal, have seen it multiple times now.
yeah, after a point maybe. But so far i have found multiple ways to improve things at system level or by adding another system during tough phases.
I trade with full automation, so i guess day to day trading does not wear me out that much if i don’t look closely.
Anyway, good luck.
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Want to curb/discourage day trading?
No need for all the new regulations that sebi introduces or these annoying daily messages across brokers, the stats of people that lose money day trading.
All you need is a few glitches daily, across brokers. Everyone will eventually pull out all their funds or lose it all.
December was hard for me. -10k in loss for December
your profit is less compared to your previous months. Is it because of market conditions or your mistakes?
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You might not believe me but this was perhaps my best trading performance in the last 7 months.
The intraday price action has been very erratic in the past few months . These market conditions require fast and precise entries and exits. The brokers lately have not only been slow to execute orders, they have been glitchy and dysfunctional.
I punched the least amount of orders this month and the reward, i’ve saved this account from a potential huge drawdown.
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Great!
fml, trying to scalp trades on zerodha is like bringing a plastic knife to a gun fight 
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The exchange was on such a high to ramp up the number of expiries, they overlooked the fact that none of the brokers are ready to handle such high traffic on a daily basis.
What all day traders thought would be a blessing, is turning into a daily nightmare 
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These recent daily intraday spikes are going to be the end of me 
If anyone has figured out how to trade them, i’m all ears
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