Long 10 years: Finally started Diary

[jassinko]

The beauty of the strategy is if i havent exited 7900 put at 126 ..... still i would have earning 40*2=80 points (-50+141-51=+40)

if Sl would have been hit, i would have lost - 40*2= 80 points (including brok taxes etc).... (-50-15+30=-35)

So, almost 1:1 risk reward........

 

[jassinko]

using ST da method today, buying 2 7800 put at 130...will cut at 3.20.....

 

[jassinko]

using ST da method today, buying 2 7800 put at 130...will cut at 3.20.....

exited at 126..........4 point loss......... vwap didnt work today

 

[jassinko]

Exited 1 lot at 7800 (7790 spot as 1st tgt):clap:

Realized Profit - 151 points
Unrealized Profit - 141 points

SL revised now at 7840 on closing basis (aggressive trailing SL), safer one is 7900 but i wont wait...

SL now revised to 7675........ nifty has fallen more than 4% from high....i think there might be some retracement till yesterday close so will short later if SL hit....

Unrealized profit - +305 points

Total realized so far=-100-10+151-8 ---->+33 points

 

[jassinko]

Trailing SL now revised to 7625 (sustaining for a few min or 7640, whichever come early).......:thumb:

more than 350 points now :clap:

expecting a recovery thats why SL is aggressive

 

[jassinko]

Trailing SL now revised to 7625 (sustaining for a few min or 7640, whichever come early).......:thumb:

more than 350 points now :clap:

expecting a recovery thats why SL is aggressive

Sl now revised to 7610.........

 

[jassinko]

Instead of squaring off my 1 Nifty lot at 7610 (spot).....

i have added 1 Nifty Lot at 7620 and sold 2 Nifty Put at 115 as a hedge (still recovering cant be ruled out)

Sl will be 7660 on closing basis

tgt will be 7450...... might be cover 7600 put after convincingly break of 7550

For caluculation purpose, i covered Nifty Fut at 7620.......331 points profit:clap:

Now, 2 Nifty sold at 7620 and 2 7600 Put sold at 115........Now lets see

 

[jassinko]

Seniors, experts (if visit this thread erroneously), please advice that i am using only 25% of my total capital of Rs 5 lakh.... will this is a very conservative approach.... 25% is kept for other opportunity, if come (but being very busy, not able to track anything except Nifty) and 40% kept for MTM or 5 consecutive SL hit and 10% if become indisciplined or want to take trade high risky high return

Note: this is all paper trades and paper capital but will do practically if consistent profit will come

 

[jassinko]

Instead of squaring off my 1 Nifty lot at 7610 (spot).....

i have added 1 Nifty Lot at 7620 and sold 2 Nifty Put at 115 as a hedge (still recovering cant be ruled out)

Sl will be 7660 on closing basis

tgt will be 7450...... might be cover 7600 put after convincingly break of 7550

For caluculation purpose, i covered Nifty Fut at 7620.......331 points profit:clap:

Now, 2 Nifty sold at 7620 and 2 7600 Put sold at 115........Now lets see

More than 55 point profit in one lot so far.......:clap::clap:

Total realized = +364
Total unrealized = +112 Sl now revised to 7565 or 7550 on closing basis

 

[jassinko]

Again SL came at 65 spot but didnt sustain so didnt exited........ now SL revised to 7550.....aggressive SL

i hedged the position as i was not comfortable shorting at 7620 and further i wanted flexible SL that if i missed due to some work in office..it didnt hurt so much.......

thats why i always taking covered trade....but if impt support resistance broke..then carry naked

presently in 40 point profit per lot....... :thumb: