Nifty 2017
- Thread starter Tuna
- Start date
- Tags nifty positional swing trade
Month End report:
Could not meet the monthly target - primarily because of lack of aggressive trade, was way to defensive (On S Lot) , one deep cut (60 points), but not bad.
Total = 12+ 784.5 = 796.5 - Fall short by 3.5 points, will cover next month. But got a tight schedule in my 9 o 6, not sure how it will go. Let the time reveal that.
Not to mention, since this is a cross financial thread, I have to pay tax from this as well (apart from my other trades on MCX and ML NF). But for the sake of simplicity, I am keeping the absolute number here. However, Brokerage for this is taken care off by the scratches, that is not an issue. Anyways the count of trade on SL (single lot) is way lower.
So here how it looks at this point:
See you in the arena from Next week.
Could not meet the monthly target - primarily because of lack of aggressive trade, was way to defensive (On S Lot) , one deep cut (60 points), but not bad.
Total = 12+ 784.5 = 796.5 - Fall short by 3.5 points, will cover next month. But got a tight schedule in my 9 o 6, not sure how it will go. Let the time reveal that.
Not to mention, since this is a cross financial thread, I have to pay tax from this as well (apart from my other trades on MCX and ML NF). But for the sake of simplicity, I am keeping the absolute number here. However, Brokerage for this is taken care off by the scratches, that is not an issue. Anyways the count of trade on SL (single lot) is way lower.
So here how it looks at this point:
See you in the arena from Next week.
Month End report:
Could not meet the monthly target - primarily because of lack of aggressive trade, was way to defensive (On S Lot) , one deep cut (60 points), but not bad.
Total = 12+ 784.5 = 796.5 - Fall short by 3.5 points, will cover next month. But got a tight schedule in my 9 o 6, not sure how it will go. Let the time reveal that.
Not to mention, since this is a cross financial thread, I have to pay tax from this as well (apart from my other trades on MCX and ML NF). But for the sake of simplicity, I am keeping the absolute number here. However, Brokerage for this is taken care off by the scratches, that is not an issue. Anyways the count of trade on SL (single lot) is way lower.
So here how it looks at this point:
See you in the arena from Next week.
Could not meet the monthly target - primarily because of lack of aggressive trade, was way to defensive (On S Lot) , one deep cut (60 points), but not bad.
Total = 12+ 784.5 = 796.5 - Fall short by 3.5 points, will cover next month. But got a tight schedule in my 9 o 6, not sure how it will go. Let the time reveal that.
Not to mention, since this is a cross financial thread, I have to pay tax from this as well (apart from my other trades on MCX and ML NF). But for the sake of simplicity, I am keeping the absolute number here. However, Brokerage for this is taken care off by the scratches, that is not an issue. Anyways the count of trade on SL (single lot) is way lower.
So here how it looks at this point:
See you in the arena from Next week.
Thanks all for the encouragement. The whole reason I am running this thread - a trader has to come in terms with the key principal of any business, Grow, albeit slowly.
Ofcourse I am not trading here for a mere 15k a month, but I am having my other trades on MCX and Nifty Multilot, where on many of the winning days, a single day's return is way more than this monthly income from the single lot. But there the capital deployed is more.
However, this thread (Nifty 2017) is for the one - who are struggling to become profitable. Only few things:
1. Keep your Size Correct (1 Lakh / 1 Lot on Nifty, if you can play 2 Lakh / 1 Lot even better)
2. Keep your monthly target (Z factor) in sight - don't try overdoing it
3. Every trade is a definite risk (as you never know which side the price will go - towards the profit or stop loss) - so be careful about choosing the time and place of your battle.
4. Grow Slowly - restricted compounding (till your 'sleep size') will take care of the rest.
Always remember what I said - repeating:
'Trading is a business where no one wants to grow slowly, that's why nobody grows' ~ Tom Dante
All the Best.
Ofcourse I am not trading here for a mere 15k a month, but I am having my other trades on MCX and Nifty Multilot, where on many of the winning days, a single day's return is way more than this monthly income from the single lot. But there the capital deployed is more.
However, this thread (Nifty 2017) is for the one - who are struggling to become profitable. Only few things:
1. Keep your Size Correct (1 Lakh / 1 Lot on Nifty, if you can play 2 Lakh / 1 Lot even better)
2. Keep your monthly target (Z factor) in sight - don't try overdoing it
3. Every trade is a definite risk (as you never know which side the price will go - towards the profit or stop loss) - so be careful about choosing the time and place of your battle.
4. Grow Slowly - restricted compounding (till your 'sleep size') will take care of the rest.
Always remember what I said - repeating:
'Trading is a business where no one wants to grow slowly, that's why nobody grows' ~ Tom Dante
All the Best.
Very well done Tuna bhai... Pls take my whole trading money & trade as per your rules... just give me share 
In this way you can be full time trader & can trade with lots of capital (off course it will take time).. :thumb::thumb:
In this way you can be full time trader & can trade with lots of capital (off course it will take time).. :thumb::thumb:
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