Weekly Trading Diary 05 March 2018 to 10 March 2018


#43

Played it safe again


#44

I think our trading styles are pretty identical.


#45

a small slip and a big lesson


#46

Ya bro. I done paper trading for 10 days . Then doing practical with one lot. I will do it for one month. Then I will increase lot size to 2


#47

Do you do opening range breakout? Or using indicators throughout the day… like moving averages and rsi


#48

This strategy is pretty accurate but sometime in chopy market trades go in opposite direction.


#49

Today’s trade… Once in a loss of 1700 to profit of 1000… Taking one put for tomorrow


#50


#51

From my experience, never do intraday without stop loss


#52

Todays trade Rs 13230 ( 59% )profit of capital,i am big fan of Zerodha, hovever unfornatley Zerodha kite not working in our office,Blocked by IT admin, So iam using upstox accouict for trading as of now…


#53

yes! thank you!
i put only 1 percent of my investment on intraday. just learning


#54

Bought couple of positional long trades. had put a limit SL sell on BN March Future at 24815.Trade got executed at 2:10 pm but got stopped out due to tight trailing stop loss.
lost a possible profit of 18,000 Rupees. Learnt from that.
Cheers
Creed


#55

First time saw a honest post. I hope your position will overcome all the loses soon


#56

If u have this much capital for holding 5 future overnight … my recommadation is go long with 2 strongest stock, and short 2 stocks which are weekest…its automatiocally protect you from drawdown…what i mean is dont take one sided trade together…


#57

one of my freind who is a senior gave this advice to me as well ( works for intraday perspective as well ) …
in case of market turnarounds , we will be protected most of the times


#58

Yes bro… this all my experiance from last 5 years of trading…


#59

hi DC,

infact these are not futures. they are stocks bought on spot market . plan to hold them for couple of months to see whats up. bought it as per my trading plan with a stop loss. burnt my hand holding 4 lots of Ashokley from last thursday to monday. But the beauty is that the trading plan/Money Mgmt/Risk Mgmt evolves

i am not too worried. i am expecting some wild rides this month and the following months post which it should resume.

i am more pissed off that that the tight stop loss took me out of potential gains in the BN Future.


#60

Thanks AR.

if not - i exit and then move on to the next train that will come down the tracks :slight_smile:


#61

my issue is that the trailing stop loss is too tight. to protect immediate profits - i forego long term profits


#62

if bank nifty breaks 24348 … then it might fall atleast 600 to 800 points for sure as charts suggest@creecap_india