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.
If i come out in profits, no issues, if i loose this challenge, then max loss should be Rs 600.
om namah shivaya
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.
If i come out in profits, no issues, if i loose this challenge, then max loss should be Rs 600.
om namah shivaya
Attachments
-
136.1 KB Views: 60