Weekly Trading Diary: 26 Feb to 2nd March 2018

Please insert here daily profit statement

Too many problems, watch the chart of gbpusd… And usdinr too… And den make an entry…

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Read so much about moving averages, bollinger bands, supertrend during weekend.
Waste of time and money.

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booked loss in bank nifty butterfly :expressionless:
wrote covered puts

follow up swing trades:

  1. YESBANK (FROM 22/2/2018)
    has hit TARGET-1 on 23 FEB, 2018.

  2. ICICIBANK (FROM 23/2/2018)
    has hit TARGET-1

  3. AXISBANK (FROM TODAY)
    has hit TARGET-1

SWING TRADE SET UP: 27 FEB,2018

27022018SWING

if i open a brokerage i want you to be my client :smile:
good job bro … no one lost money in the market by selling options ( ofcouse not naked shorts )

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Brokerage is not more than 2k to 3k. And I don’t mind that as long as I am net+ :slight_smile:

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Hey bro whasupp… How was the day???..

I kept things very simple today after a Gap-Up opening I saw Good Buying Interest and Just Looked at the Price Action also I knew that Day Going to be of Bulls.

Bought 1 lot NIFTY fut at 10563.
Bought 1 lot BANKNIFTY fut at 25505.

Sometimes we need to keep things very simple and keep things grounded.

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This is what I used to faced in starting days of my Trading.

I wanted to apply all my analysis and Knowledge on single stock.
Like I used to apply all my technical on single stock to cross check the status to take buy call or Sell on current market conditions.

The more knowledge you gain the more confused you start getting.

There are some set of Indicators which compliment each other and work perfectly in Set of conditions.
You will only Gain this knowledge by experience over the time.

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booked minor loss bro …
whenever mkt moves 300pts , i lose mostly …

have nothing else todo till april … how about you ?

Market in unidirectional mode. Bought 550 calls on Thursday … Still holding. … Nothing to do as vix below 14 …felt boring in options so trying cash and currency … :smile: :smile: 1600 loss in cash and 1600 profit in currency… :smile:
Last Thursday show worst expiry ever…
57 point range after open… :smile: :smile:

Dude 300 pts on BNKNIFTY is normal

150pt is abnormal bro :smile:
this february is one of the volatile months

rarely we get to see moves like these

Today’s trade

That is just 1% move remember when BNKNIFTY was -1k down during early trading session post budget and it reversed and made in positive at the end of the day. That is abnormal.

80% of the days bank nifty moves less than 0.5% …
and in condor , even a 400pt downmove now will result in profits for writers …
i did butterfly at 24900 and mkt moved up 800pts … my loss is 40 points or less

recently BN moved 1400pts and i was in 40pt loss ( i adjusted after 500pt move )

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