My Trading Challenge - Double the Capital in 3 Months

[Neo_trader]

Covered 100@10625.
Loss - 6500

 

[Neo_trader]

Trade2 - Buy 175 BNF@10635. SL - 10573

 

[lvgandhi]

Covered 75 BNF@10538

Why did you exit here?

 

[Neo_trader]

Why did you exit here?

I'll reveal my trading rules once I see some success in this method.. The exit is based on fixed target of 30 points..

 

[Neo_trader]

Trade2 - Buy 175 BNF@10635. SL - 10573

Exit 175 BNF@10580. Loss - 10500.
Total loss - 17000. Done for the day.

 

[Aarav11]

I'll reveal my trading rules once I see some success in this method.. The exit is based on fixed target of 30 points..

Stop Loss should be fixed and target should always be Dynamic. My View

 

[bt_mkt]

Exit 175 BNF@10580. Loss - 10500.
Total loss - 17000. Done for the day.

instead of doing scalping try to implement SAR based stragies

 

[Neo_trader]

Stop Loss should be fixed and target should always be Dynamic. My View

I agree.. But in intra day market won't move in single direction all the days.. We should be ready to take partial profit and ride the trend with remaining position.. Thats what i did it today ..

 

[Blitzz]

Just one advice for you. Which is also signature of one of my friends
Trade the Moves not the targets

 

[Neo_trader]

Trade1- Short 300 BNF@10241. Covered200BNF@10201. Profit - 7000.