Target not money but Perfection

nikki5_me

Active Member
#1
Hi fellow traders,

I am starting this thread to share my trading experiences and with the target to achieve better profit making trades and I strongly believe,once we achieve perfection(Doesn't mean 100% profit trades but better P/L trade ratio).
I am checking the power of compounding the money with P/L, so if it goes well may make some good money but the ultimate goal is to check the performance.

Note: A little background about myself, I am B.Tech graduate. Started trading in the ending of 2010. Did aggressive trading in 2011, blowing almost 5.5 Lakhs in my brother's account because of many factors. Then started learning TA. Just started using Q in Zerodha. According to it, the Net loss in my account is just less than 3 Lakhs. The problem with me is I am more emotional, so get carried away and attached to the trade. After blowing my brother's account and learning TA, started trading again in 2013 Jan, made some wonderful trades but due to poor money management, lost equally. Blew up my account and recharged it many times to blow it again. :clap: One fine day, my GF left me for her ex :mad:. I almost went mad from then. I cried a river, usually it was daily routine because I loved her heartfully. I left my job as software engineer in August last year and wasn't able to do anything until now. Fortunately, I am completed in no touch with her and nowever days feeling better with emotions. So first I want to win emotions. I thought of starting with Paper trade but according to me, the emotions(Greed and fear) come into play with real money.

Actually, I don't want to lose much money now, so I started with 1000 rupees today. Many of you might feel that is very less amount. Even I used to feel the same but to learn, it is better to start with a less amount so that we have a greater amount of control.

I am a member maybe since 2012 in TJ, read many posts and threads but posted very less(negligible) posts. Hope you give me your blessings, support and valuable suggestions. I welcome all the people who appreciate my effort and also those who try to throw stones and discourage me. :rofl:

I started this thread so that I will be accountable and analyze what I am doing wrong.

Thanks
:thumb:
 

nikki5_me

Active Member
#2
So, first things first. I will post today's trades

1) Started with Reliance 1020 NOV CE @2.15 and sold it @2.6. Was able to enter and exit well.

2) Bought TataMotors 550 NOV CE @ 1.2 and sold @ 1.4. Bought it because it broke a trend line on my chart.

3) Observed PNB carefully and saw a clear potential move possible on chart, but the money was short for option, so bought the stock and made a little profit.

4) Finally bought the lovely TCS, purely because IT sector was in good move and TCS is in clear uptrend on charts. Bought TCS 2700 CE @ 8.45, it went to 9.25, didn't sell, then it fell to almost 6.9. Waited for much time, though the stock gave upmove of almost 20-25 rupees ,there was very less movement in the option. So finally sold it at 8.45.
It fell immediately and then rocketed up to 9.8 and closed at 9.5 .

Made a 28.3 % Gross profit today but coming to net profit, it is around 12% .

Made 121 rupees on 1000 rupees today.
 

bunti_k23

Well-Known Member
#3
Good morning nikki.and wishing best for ur trading career:thumb:
Just lill confused ur 1st post is around 3.58 Am today , and u mentioned that u done some trading today:confused:hows it possible bro? Indian markets opens at 9am:D

Apart from this lill personal thing i wanna say hope u take it in sporting spirit, bhai life me aise kisi ladki k piche nahi bhagna jo pehle kissi k sath ishq me mashgul thi.bhai adha dil uske pas adha dil tumhare pas , adha adha jeevan sadha bolo jai maharaja...
 
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nikki5_me

Active Member
#4
Thanks bunti for your wishes.

LoL good to fine that. Actually, I wanted to post this before 12 so said today. It is on 24/11/2014 according to Indian date format. :rofl:

Coming to the girl, buddy she used to hate him like hell but uski Shani dasha lag gayi shayad :rofl: and Love don't see anything(yes I think I was blind then). Ab meri aank kul gayi hey

Happy Trading :thumb:
 

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