Yesterday I lost almost 8k, don’t worry about it, just don’t leave yet… Buy/Sell in small quantities no more than 3k-5k of capital & no leverage, keep practicing.
INTRADAY TRADING REVIEW : 16-20 APRIL,2018
TOTAL CAPITAL USED :: 30000 RS.
RISK PER TRADE :: 100 RS. (R)
RISK( R) % :: 0.3 % PER TRADE
WEEKLY PROFIT :: 4.93 R = 493 RS. ( 1.64%)
PROFIT/LOSS SCREENSHOT:
Thanks for posting… You are not the only one. i myself lost more than this over a month… in my first month, blindly believing some youtube videos. they were actually saying about their timeframe and their analysis. it cost me big to learn that my battle is different than their… now trying to learn more and create my own strategies. will learn with small capital… thanks.
Which broker?
Hi, How much captial used… what is the trading strategy and what is the quantity that you tried to trade for the above scripts?
I’m planning to come back to trading after long gap due to losses and want to try out simple strategies with minimum capital.
Thanks,
-Siva
Upstox
Hi Shiva,
I start the day 7 by scanning through google news for all my fav high volume intraday trading scripts.
I then observe the pre-market trading and use that to shortlist the 3 stocks I want to trade. Once the market opens, I wait for 10-15minutes to see if the market is showing the same trend as pre-market. If yes then I place orders in the direction of the market with 2% stop loss. I exit at 0.5% profit. My capital is 150000.
I only use MACD, Volume and Intraday momentum on 5 min, while monitoring the 3min and 1 min charts.
Hi Bro, 2% Stoploss is too high… Recheck your strategy!!
2% seems to be the sweet spot for my trades, but I usually update it if I notice a strong movement.
One week before i purchase 100 shares at 250 rs,n today i again buyed same stock 100 at 260rs .so nw i wanna sell those 100 shares which i buyed at the last in T1 trading( i.e tomorrow).nw the question is will the average rate i.e 250 rs wil get changed or will remain same ??