Manoj's Trading Diary

[manojborle]

Sir, i am doing paper trading and my current position is as follows:
3 lots short @ 6099.8 positional
today shorted 2 lots @6005.075

Exited all @ 5948.6, 151.2 *3*50 = 22680 and 56.475*2*50 = 5647.5
total profit = 22680+5647.5 = 28327.5

 

[aditya14]

Exited all @ 5948.6, 151.2 *3*50 = 22680 and 56.475*2*50 = 5647.5
total profit = 22680+5647.5 = 28327.5

Waah bhai waah paper trade mai to aap champ ho gaye ab real trading mai itna patience dikhao real test....
I remember u took 4 point profit and 30 point loss in real trading and here u made 28000 so lets test real now and oh yes Best of Luck.See I don`t think anyone can handle a stress of position going 200 points against u and you are sitting easy and sleeping easy.So paper is paper and real is real.

 

[saivenkat]

Exited all @ 5948.6, 151.2 *3*50 = 22680 and 56.475*2*50 = 5647.5
total profit = 22680+5647.5 = 28327.5

Not to take these lines as an Offence, Manoj bhai.. You have "paper traded" when the market was going down and down.. even a dullard like me.... have racked some bucks.. and by the time you are thinking of switching to real trades.. i feel "makers of market".. will keep it in sideways for some time.. and we will be hitting stoplosses either side.... Also the point to be noted is.. since the expiry is nearing.. volatality will be greater..

Further in my views.. no matter.. how long one could have mastered his strategy with paper trades...the real application of mind and emotion come in to participate only when we do it with real moolah... Till then emotion and mind, i bet will not participate fully..

Just my views..and nothing beyond it..

Happy trading..

 

[manojborle]

Waah bhai waah paper trade mai to aap champ ho gaye ab real trading mai itna patience dikhao real test....
I remember u took 4 point profit and 30 point loss in real trading and here u made 28000 so lets test real now and oh yes Best of Luck.See I don`t think anyone can handle a stress of position going 200 points against u and you are sitting easy and sleeping easy.So paper is paper and real is real.

Thanks for your comments..
but just for info, I had bought 6100 PE (real trade) @ 143 and when it went against me I was holding it. I bought again @ 60 and finally sold it @ 155

 

[manojborle]

Shorted NF @ 6017.15, stop loss, 6028.95, 2 lots

 

[manojborle]

Shorted NF @ 6017.15, stop loss, 6028.95, 2 lots

squared off @ 6011.6, profit of 5.55 points

 

[manojborle]

bought NF @ 6015.4, 2 lots, stop loss @ 6003.25

 

[manojborle]

bought NF @ 6015.4, 2 lots, stop loss @ 6003.25

exited @ 6023.25, profit of 7.85 points

 

[aditya14]

Thanks for your comments..
but just for info, I had bought 6100 PE (real trade) @ 143 and when it went against me I was holding it. I bought again @ 60 and finally sold it @ 155

Exactly my point you saw it till a 83 point loss and went out for a 12 point profit.And now recent trades u take 8-10 points profit but big losses.Long term if we take loss/win % at 50% you will end with huge loss.

 

[manojborle]

Please close this thread, I have started new thread in Under trading Diary where it should be...
Thanks