My Day Trading Dairy.

good morning

resume today with following trades

sell havells at 565.30 SL 569.60 TGT 561

sell infratel at 306.45 SL 313.45 tgt 301.45

buy LT at 1422 SL 1385 tgt 1451.95

buy vedl 249.70 SL 237.9 tgt 261.35

will update with closing trades

Welcome back.
Good luck to you in this round of trades.
Just curious. Last time you did not like VEDL. You suspected that it is being manipulated. You are now trading VEDL again?
 
Imfine, I will share one more observation. Since we are using similiar methods, and I happened to observe this, I thought of alerting you. Around 9:45 am to 10:00 am, as the day adjusts to its course, there seems to be higher chances for a false break out. I noted hi/lo of some scrips both at 9:30 am and 10:00 am. That showed up some false breakouts.
 

imfine

Well-Known Member
Imfine, I will share one more observation. Since we are using similiar methods, and I happened to observe this, I thought of alerting you. Around 9:45 am to 10:00 am, as the day adjusts to its course, there seems to be higher chances for a false break out. I noted hi/lo of some scrips both at 9:30 am and 10:00 am. That showed up some false breakouts.
Today my all breakouts are in this time fram before 10am.
 

imfine

Well-Known Member
Take it easy. Do only two trades for next day. But they must be your best planned trades. Make sure you get into profit, even if it is small. Even I made mistakes today. I have been trying to overcome loss making streak myself. Thoroughly review your rules. Go by your rules.
Yes i checked my ratio of profit declines in multi trades.perhaps i got greedy and filled with over confidence.

Now restarting with rs 5k withdrawn 10k. Last week almost 6k down. Few rules

1. No FNO
2. No studies.
3. No more trades. Max 2.

Atleast till I double the capital then will review.
 

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