Trading diary : Trying to become crorepati.

[ajshare108]

But I have started this thread to write down my own trades only, not for discussion on technical analysis

:cheers: sorry if it hurt u since i am also a technical trader, i just want to know what method u are using in technical. hope u don't mind to share this.:thumb:

 

[Dev Mookerji]

:cheers: sorry if it hurt u since i am also a technical trader, i just want to know what method u are using in technical. hope u don't mind to share this.:thumb:

There is nothing to hurt my friend

cheers

 

[Dev Mookerji]

Added 10 lot Nifty futures @ 4442

 

[Dev Mookerji]

Not able to sustain above 4500.

Booking 50% profit 5 lots @ 4480

 

[y2j826]

In Future market u cant sell partially as u have to sell in lots.

In Cash market some limitations are there, viz

one cant short sell positional/High brokerage/non availability of margin.

The only thing in cash market you have lesser risk and thats the safer side.

 

[Dev Mookerji]

The only thing in cash market you have lesser risk and thats the safer side.

Agree and not to

No Risk no gain in stock market sir

 

[Sage2004]

Added 10 lot Nifty futures @ 4442

Any reason for the Buy?

 

[Dev Mookerji]

Not able to sustain above 4500.

Booking 50% profit 5 lots @ 4480

Exited left over @ 4475

 

[Dev Mookerji]

It looks like old choppy days are coming back.

I have lost huge money so many times in the market. Few years back when I was a emotional/logical trader. I dont considered those losses, in my career as a technical trader.

After learning a bit in TA, and consistently gain of months.....I suffered huge losses during Feb/Apr 09. Market was direction less that period of time.

Every thing was okay after that.


But again from Jun market is not willing to trend. Technically it can be called as consolidation phase.

But positional trading is becoming difficult in such kind of market. Specially people playing with daily charts.

 

[Dev Mookerji]

I am a positional trader and loved to book profit big money only. Just say around 10 to 20% profit in a single trade X lot size (as per derivatives sizes).

Its not that I never do scalping. I do trade scalping. But that is well decided before the starting of trade.

I never used to book profit in mere 1 or 2% in a positional trade. If it reverses its trend and Stops gets trigerred thats not a problem for me.