Consitent performance Dairy + Charts

#1
My Goal is making profits with consistency on weekly basis. One of the reasons to post is also to stop my self from over trading which which occasionally I catch my self doing.

I am traders that looks for potential reversal zones. My trading setups include: Fibs, Murray math, Supply and demand zones, Price action patterns, Harmonic patterns.

Guys please advice if I need to add anything. Please give me your feedback to.



Fridays trade:


Symbol: Auro pharma
Date: 23rd oct
Planned Stop: 833
Planned Target : 820-812-804 ( possible 781, may set trailing for this )
Possible Risk: Rs 1500 per lot.
Possible Reward: Rs 5000 per lot
Position size: 2 lots
Entry price: 830
Exit Price: 821 ( booked 1, carried other )
Emotional state: Calm
Trader reason: Top of the wedge + supply zone on 60 min and daily.
Profit: 4k after brokerage and tax.

-----

Trade planned for tomorrow

Trader reason: Reverse head and shoulder
Symbol: Larsen
Date: 26th oct
Planned Stop: Below 1493 on daily close.
Planned Target : 1562-1610 ( Intraday target 1542 )
Possible Risk: 3125 per lot
Possible Reward: 6000 per lot / 7500 from 1500.
Position size: will buy 1 lot on open, will add 2 more at around 1500 levels. ( will also add 1600ce November closer to stop )

Entry price:
Exit Price:
Emotional state:

( Also long on adani ports from 312.5 since Wednesday, Trade reason: possible harmonic cypher pattern with a positional target of 331-365 )

Thoughts: Sgx nifty up 0.55% + world markets. Auro stop likely hit at 833.
 

Attachments

deadbrain

Well-Known Member
#3
Sorry guys, Have not posted since last time. Will post everyday from Friday.

Will be adding daily goals which is gyming and meditation in my dairy.
You mean diary..he he
 
#5
which type of meditation?...i would like to know more abt meditation...
I started with this approach:

Lie down or sit straight, Close your eyes and take about 10-15 long breaths. then From your feet to your top on your head, focus and on every muscle and feel /say its getting relaxed ( example my thigh is relaxed, my shoulders are relaxed ) Count backward slowly from 100 to 0 and again 30 to zero, By this time you will be completely relaxed with no thoughts and just relax for a few mins more / till you want to end it. ( whole meditation is with eyes closed )

Or click on youtube and type 20-30 mins guided meditation. I recommend to start with approach, will discipline you.
 
#6
Symbol: Arvind
Date: 2nd Nov
Planned Stop: 269.5
Possible Risk: 4250
Possible Reward: Rs 15000
Position size: 1 lot
Planned target 281
Entry price: 272.10
Exit Price: 280
Emotional state: Calm
Trader reason: 60 min demand zone. ( Also nifty was showing signs of reversing at 8030 )
Profit: 12.5k.
-----------------
Symbol: SBI
Date: 2nd Nov
Planned Stop: 232.5
Planned Target : 238 / 242 / 246-50
Possible Risk: Rs 4000
Possible Reward: Rs 15000
Position size: 1 lot
Entry price: 234.5
Exit Price: Holding / carried forward
Emotional state: Calm
Trader reason: Demand zone 60 mins + botton of the wedge + Math Murray + Harmonic pattern.
Profit:
( Sbi looks like a great buy, Would buy 3 lots however played only 1 lot as result today. Will add 1 more if sbi sustains above 238 above the first hour of tomorrows open )

Chart is of 60 mins SBI
-------
Tata steel entered at 238, stop triggered 236. Loss of 4k. It broke 60 mins demand zone at 236.6 however daily demand was still active and not broken. Emotional state was exit small loss with good gains on others. Plan was to hold till closing but lost patience and put stop.

The forum is saying is saying my pic is to big
HERE is thee link: http://i63.tinypic.com/2qbb04m.jpg
 
Last edited:

Similar threads