LIVE Paper trading

#1
Starting tomorrow i will post my paper trades, Live

Rules:
1. Only 1 scrip, which is IBREALEST
2. Objective is to earn 2 winners per day
3. Each winner trade fetches 1.5% of capital with RR of 1:1.5
4. Allowed to exit at cost when there is an opposite signal
5. Cover/Sell 50% at 1% level and rest at 2% level giving return of 1.5%. Not to think beyond this as of now.
6. If price after hitting the 1st target, comes back to entry levels, then allowed to close the rest of position at 1st target.
7. If price after hitting the 1st target, comes back to SL levels, attempts shud be made to close the remaining position near entry level.
8. If there are 2 straight losers, then done for the day (max 2% loss)
9. If there are 1 winner and 1 loser in a particular day then, there is one more trade allowed. No more trades beyond 3rd trade, regardless of its outcome.
10. Initial capital of Rs 25000/-
11. There are other scenarios possible which i will incorporate in future.
12. Try to trade without panic.
13. Looking at other stock's chart are totally banned.
14. Main objective is to learn to trade the rules.
15. Reason for posting in TJ is for gaining commitment and to learn trading based on set rules.

Wish me success

NTM :thumb:
 

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