CRUDE FEB MONTH CHALLENGE - 2019

#1
Hi, this thread is to challenge myself to be disciplined and consistent.

For this I will challenge myself to focus on 1 scrip i.e CrudeOil, irrespective of other commodity scrip !!

Next task is to trade only this scrip with Rs.600 as capital.

I will keep this challenge for "16 - trading days" on FEB 2019 only.

Will post Profit / Loss and excel sheet as day end , which show my current growth status or the end of my challenge.

Risk mgmt: Well thats the tough part here, as the capital is too low and minimum risk is 10 pts in crudeM, so it comes out as 120 rs including brokerage. thats 3% per trade.

Margin required for crude oil mini is around 330 per lot ( I am using fortune trader broker where highest margin get 30x).

So the challenge will end either at end of 16 trading days or consecutive sl hits. :D

If i come out in profits, no issues, if i loose this challenge, then max loss should be Rs 600.

om namah shivaya:)
 

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TraderRavi

MM is the holy grail
#2
Best of luck again !!!
 
#3
Day1 : Opening Account Balance (Rs 600) .... like this is share my profit and loss at the end of the day, so everyone see everything clear MTM.

now meet at night, let c what happen today game over or survive for tomorrow.

om namah shivaya :)
 

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bashasm

Active Member
#4
Day1 : Opening Account Balance (Rs 600) .... like this is share my profit and loss at the end of the day, so everyone see everything clear MTM.

now meet at night, let c what happen today game over or survive for tomorrow.

om namah shivaya :)
bhai earlier you used wisdom capital broker, now you changed. Is there any best broker with high margin and very low brokerage :)
 
#5
bhai earlier you used wisdom capital as a broker, now you changed. Is there any best broker with high margin and very low brokerage :)
low brokerage and high margin, in fortune i choose zerodha plan which is simple nothing hidden , in wisdom brokerage is little high, personal experience. they say low brokerage but they charge extra in every trade, that why stop wisdom.
 

bashasm

Active Member
#6
low brokerage and high margin, in fortune i choose zerodha plan which is simple nothing hidden , in wisdom brokerage is little high, personal experience. they say low brokerage but they charge extra in every trade, that why stop wisdom.
Finvasia is good, zero brokerage, but I don't like using NEST for placing orders. I am back to using zerodha
 
#10
I use Finvasia for small trades. You need to get used to Best platform which is free. I use Zerodha for big trades.

Asthatrade provides great margins for expiry trading but high brokerage.


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