Escape's Trading Diary

How many trades you do on daily basis?


  • Total voters
    72

escape

Well-Known Member
#1
!!! Om Shree Ganeshaya Namah !!!

Escape's Trading Diary

Objective:
1. To have 10% profit of capital at the end of month after paying all charges.
2. I'll be trading bucket of around 70 selected scripts (NSE Futures, Options and Commodity Futures).
3. To trade, as per my rules.
4. To have limited loss and should not cross loss above defined limit.
5. To avoid force trade.


Strategy:
1. It is will be based on Price Action and defined rules for Futures and Commodities.
2. For Options, I'll be trading only on higher time frame, so will be having less number of trades.
3. I'll be going through charts of each scripts on daily basis and will decide levels.

As I have bigger bucket now, so will avoid forced trade.


Result Expected:
On last trading day of each month, to should have profit of 10% of total capital as on 1st day of series, after paying all charges.


Expectations from forum members:
Honest feedback and encouragement so as to improve my methodology.
If you have some suggestions to modify above strategy or methods, please let me know.


Remember, this is just my trading dairy.

I'm hoping continuous good wishes from all forum members.

:thanx:
 

Taiki

Well-Known Member
#3
Best of luck brother :) :thumb::thumb:

Regards
Taiki
 

DanPickUp

Well-Known Member
#6
@Escape

Ok, now you started the new thread. Good luck with it and especially good luck with your trades. :thumb:

One point made me thinking: I'll be trading bucket of around 70 selected scripts (NSE Futures, Options and Commodity Futures).

70 scripts are a lot. I mean, I am not who what ever, but not even I trade 70 different scripts. If you do so, do you have any system or software which is going to tell you what you are looking for in those scripts or how do you manage that? Analyzing each script one be one by your self will need patient from your side.

Take care / DanPickUp
 

escape

Well-Known Member
#8
@Escape

Ok, now you started the new thread. Good luck with it and especially good luck with your trades. :thumb:

One point made me thinking: I'll be trading bucket of around 70 selected scripts (NSE Futures, Options and Commodity Futures).

70 scripts are a lot. I mean, I am not who what ever, but not even I trade 70 different scripts. If you do so, do you have any system or software which is going to tell you what you are looking for in those scripts or how do you manage that? Analyzing each script one be one by your self will need patient from your side.

Take care / DanPickUp
Dear Dan,

These 70 scripts (NIFTY 50, Nifty Index, another 10-15 highly liquid scripts and few Base Metals) are in my bucket. I'll trade only those and nothing else.

I'll be going through these script at end of day and mark S/R based on my rules. This will be done manually (Yesterday it took more than 3 hours), although I can write some program/script or use web tools as alternative, but not keen to do at the moment. I would prefer doing it manually at least for sometime. Once script reaches defined level, I'll analyze and place order.

I know initially it will be difficult, but as I move forward, things will be easy.

Happy Trading.

Regards,
Escape
 

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