January performance :
Let's see what the next month brings. Will focus more on "no loss" days because I expect this month to have very choppy days. Then there is the rail budget on 12th and general budget on 17th.
Code:
[SIZE="2"]Month Opening Profits Added Closing || Brokerage Taxes etc.
[URL="http://www.traderji.com/futures/91950-day-trading-futures-87.html#post931271"]Jan-14[/URL] 22808 -5235 0 [COLOR="Red"][B]17573[/B][/COLOR] || 3107 3397[/SIZE]
- Tried trading Banknifty futures, generally made losses there. I did ok in options though.
- I mostly seem to buy at the top and sell at the bottom using "Buy above" and "sell below" orders. Need to find a solution to these.
- I seem to get disturbed when a) there's a losing first trade, b) my order gets "jumped". Under these circumstances I seem to overtrade emotionally.
- It seems to me that selling options intraday is safer than buying them, though less profitable. Options usually give a chance to exit safely. Will work on it further this month.
- I still feel unprotected against swift and large movements so I do not carry my trades long. I book out early. That's ok with me if the losses are controlled.
Let's see what the next month brings. Will focus more on "no loss" days because I expect this month to have very choppy days. Then there is the rail budget on 12th and general budget on 17th.