Sridhar's Trading Dairy

[sridhga]

Trade ID_______Fill time_______Type_______Instrument_______Product_______Qty._______Avg. Price 62537668_______43328.4033796296_______SELL_______BEL18AUGFUT_______BO_______4950_______118.2 62537670_______43328.4033796296_______SELL_______BEL18AUGFUT_______BO_______4950_______118.25 62528593_______43328.3980787037_______BUY_______BEL18AUGFUT_______BO_______4950_______117.6 62521501_______43328.3941782407_______BUY_______BEL18AUGFUT_______BO_______4950_______117.25

Summary:
Product_______Instrument_______LTP_______P&L
BO_______BEL18AUGFUT_______117.4_______+7920

Less: Trans charges for 2 lots ________________ -450

Balance: ____________________________________ +7470

 

[sridhga]

I was acting silly. I over traded and I lost it for today. Even the afternoon trades that I had taken if I had not reversed, I could still been in a better place today. After making more than 7K in the morning, I should have gone to sleep. I would have woken up richer.

I should control this monkey: "Urge to trade".


Product______Instrument_____________P&L
BO_______BEL18AUGFUT__________ + 5692.5
BO_________TATAELXSI18AUGFUT____-2920
7 lots Transaction Fees________________-1575
Net Balance__________________________ +1197.5


I acted weird, today.

 

[sridhga]

The world indices are in deep red, in not sure about BEL being in green unless out markets show extreme resilience.


Cheers
AK

You are right. BEL lost ground and closed below 115 for today.

So will this series close at 110 or something?

 

[sridhga]

1.DO NOT TRADE TOO MANY STOCKS. DO NOT TRADE TOO MANY TIMES A DAY. IF YOUR TARGET PROFIT FOR THE DAY IS HIT, TAKE REST FOR THE DAY.
2. DO NOT TRADE TOO MANY STOCKS. DO NOT TRADE TOO MANY TIMES A DAY. IF YOUR TARGET PROFIT FOR THE DAY IS HIT, TAKE REST FOR THE DAY.
3. DO NOT TRADE TOO MANY STOCKS. DO NOT TRADE TOO MANY TIMES A DAY. IF YOUR TARGET PROFIT FOR THE DAY IS HIT, TAKE REST FOR THE DAY.

4............

5..........

I should repeat this a hundred times.

 

[arunkarthik]

The world indices are in deep red, in not sure about BEL being in green unless out markets show extreme resilience.


Cheers
AK

You are right. BEL lost ground and closed below 115 for today.

So will this series close at 110 or something?

OI on the CE side has got completely skewed by EOD yesterday.

Sounds a bit weird, but looks like something is getting cooked up. It might show a violent upmove if the OIs are to be seriously considered.

I covered the CE that I wrote off.

If it’s goes back to normal without any abovesaid activity by today, I’ll consider writing the CE again.



Cheers
AK

 

[sridhga]

Is there a bank holiday today? Several states declared holiday today mourning the passing away of our former prime minister Shree Vajpayeeji. I did not find Maharasthra on the list. Will the stock markets function today?

 

[arunkarthik]

Is there a bank holiday today? Several states declared holiday today mourning the passing away of our former prime minister Shree Vajpayeeji. I did not find Maharasthra on the list. Will the stock markets function today?

Just a clearing holiday, don’t think markets would be called off.


Cheers
AK

 

[sridhga]

Buying side appears strong on BEL. I am long for today.

 

[arunkarthik]

Buying side appears strong on BEL. I am long for today.

Painful stagnation at 117 for pretty much the whole day until now.



Cheers
AK

 

[sridhga]

Today was an easy day to trade BEL. It has given wide opportunity as expected to go long. It did provide a range of more than Rs. 2.5 and, though I traded 2 lots, I made less than Re. 1 per lot. I am getting inefficient. Earlier, even with 1 Re. spike, I was making about 15K in BEL. I need to rework and sharpen my trading skills.


TradeID_____Fill time_____________Type______Instrument______Product______Qty.______Avg. Price
62641715_______12:44 PM______SELL______BEL18AUGFUT______BO______4950______116.8
62587168_______10:36 AM______SELL______BEL18AUGFUT______BO______4950______117.45
62542472_______09:43 AM______BUY______BEL18AUGFUT______BO______4950______115.9
62527395_______09:30 AM______BUY______BEL18AUGFUT______BO______4950______116.5


Product______Instrument____________P&L
BO______BEL18AUGFUT____________ + 9157.5
Less: Trans Charges for 2 lots______________ - 450
Balance____________________________________ + 8707.5