Augubhai's notes - Smarts, Guts and Luck

[augubhai]

I would have preferred to trade 6100pe today - instead of 6000pe - but avoided it since its volumes were less.

Lesson from the first trade on Monday, where I lost 5 points to slippage.... http://www.traderji.com/trading-diary/77732-augubhais-notes-smarts-guts-luck-4.html#post756321

The slippage on 6100pe happened again today

 

[muinali]

Hi Muinali,

Thanks for appreciating. I assume that you are referring to the quick exits. That's quite easy (as long as NOW is working). I just need to place a close initial SL and trail it . My objective here is to try to avoid any big loss.

Long way to go in achieving the other objective... making profits

BTW, I had visited your options thread a couple of times, but found the discussion a bit to complex... but when i become smarter, i will try to read thru' it again

no issue dear ,Avoiding big loss is first lesson for daytrader sothat we will comfortable to trade next dayMy thread is a small range of my study regarding option as i not traded seriously ever except some and my trade journal (cash /fut/option)) .there is problem with me is post entry handleing .i thing you are flow trader(saint sir strategy) but you are trading in options like robot .i would always like to watch you tarde closely........

 

[augubhai]

long 6000pe at 60.03

 

[augubhai]

long 6000pe at 60.03

out ast 59

 

[augubhai]

long 6000pe at 63.28

 

[augubhai]

long 6000pe at 63.28

out at 62.96

 

[augubhai]

long 6000pe at 66

 

[augubhai]

long 6000pe at 66

out 64.29......

 

[augubhai]

6000pe long at 67

 

[augubhai]

6000pe long at 67

out 65.43.

was hoping for a break of 6000 on NF... anyway lost money on that.

I hate it when Nifty crawls instead of with momentum. Same thing happened on the morning of Dec 31. I kept entering and getting stopped out.

After that, I had decided to enter only on price multiples of 10, wihout looking at the charts, but now I have decided to go back to the old style of too many entries.