#### alex_fin

##### Member
Dear Friends,

I am trying to follow a system , and hope this diary will help me to follow the system rigorously. i will write about the system in few days as it takes some time to explain about the system .

Trading capital is 60000/-(Sixty Thousand Only). Trading is done with 2 lots of crudeoil , as long as my capital is more than the margin required for 2 lots.

If there is not enough capital for margin of 2 lots due to losses,trading is carried with 1 lot , and if there is no capital to trade 1 lot also , thats JAIHIND (goodbye) for the time being.

If account grows (yeah..Dreamz Unlimited), another lot will be added after 50000/- of profit.

Chart looked at is crudeoil 1 hour chart. Margin for 1 lot is 26140/- for today.

Please Dont look at percent of appreciation or percent of depreciation of capital as these trades are overly over leveraged trades.

Long 2 lots @ 5229 SL hit @ 5215

Points = 5215-5229 = -14; Loss= -14*200 - 150(brokerage+charges) = -2950

Short 2 lots @ 5215 Trailing SL hit @ 5211

points = 5215-5211 = 4; Profit = 4*200-150(brokerage+charges) = 650

Long 2 lots @ 5211 closed @ 5209 at 11:54pm

Points = 5209-5211 = -2; Loss= -2*200 - 150(brokerage+charges) = -550

Total Points loss = -14+4-2 = -12

Total Loss = -2950+650-550 = -2850

Capital = 60000-2850 = 57150

Alex

#### comm4300

##### Well-Known Member
Dear Friends,

If there is not enough capital for margin of 2 lots due to losses,trading is carried with 1 lot , and if there is no capital to trade 1 lot also , thats JAIHIND (goodbye) for the time being.
Alex,

very nice to see someone with similar resolve here. I too trade crude daily.

I started with 1 lot, made consistent money; became impatient, pumped in more money for 2nd lot, made money. However, tried to experiment and lost. Now down to 1 lot.

That said, i wish you all the very best in this venture.

Do share your style, methods and charts if possible.

cheers.

#### alex_fin

##### Member

Long 2 lots @ 5221

SAR order Placed @ 5210(will be modified as time progresses)

Target order placed at 5238

#### alex_fin

##### Member

Long 2 lots @ 5221

SAR order Placed @ 5210(will be modified as time progresses)

Target order placed at 5238
SAR order revised to 5215

target order remains same @ 5238

#### alex_fin

##### Member
SAR triggred. long closed @ 5215 .

Loss in points= 5221-5215 = -6

Actual loss = -6*200-150 = -1350

Short 2 lots @ 5215 [email protected]

target order placed to buy 2 lots @ 5176
SAR order modified to buy 4 lots @ 5210 (2lots to close short and 2lots to open long)

#### alex_fin

##### Member

short @ 5215 covered at 5210

profit in points = 5

actual profit = 5*200-150 = 850

Long taken 2 lots @ 5210 SAR placed 2 lots @ 5197

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#### alex_fin

##### Member

long @ 5210 SAR executed at 5196

loss in points = 5210-5196 = -14

actual loss = -14*200 - 150 = -2950

short 2 lots @ 5196 SAR placed order @5213

target is 5157

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#### alex_fin

##### Member
SAR revised to 5195

SAR triggered. SL placed at 5172. If SL triggered , no more trades for the day.

Trade closed at 5202 at 11:54pm

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#### alex_fin

##### Member
Day 2 Summary:

Long @ 5221 SL hit @ 5215

Loss in points = 5215-5221 = -6

Actual loss = -6*200-150 = -1350

Short @ 5215 TSL hit @ 5210

Profit in points = 5215-5210 = 5

Actual profit = 5*200-150 = 850

Long @ 5210 SL hit @ 5196

Loss = -14*200-150 = -2950

short @ 5196 TSL hit @ 5195

profit = 1*200-150 = 50

Long @ 5195 closed at 5202 at 11:54pm

profit = 7*200-150 = 1250

Total loss in points for the day = -6+5-14+1+7 = -7

Actual loss including brokerage and charges for Day2 = -1350+850-2950+50+1250 = -2150

Net capital Remaining = 57150-2150 = 55000