Hello Friends
New to this forum, reading around since few days, starting this trading dairy to log the trading Journey.
The intention is to trade Nifty & Bank Nifty Future. Initially no intraday trading. Trying to trade with the trend, only taking trades that are clear, keeping on sidelines when things look fuzzy. It seems reasonable to expect 100 Nifty Points / Month. As every month may not be 100+, so lets say trying to make equivalent of 300 nifty points in a quarter. Assuming to trade with 2 lots and considering some costs that translates to around 25K, so that should be the first pit stop, a place to re-evaluate. On the risk side also a similar re-assessment need to done on - 25K.
Regards
Happy
New to this forum, reading around since few days, starting this trading dairy to log the trading Journey.
The intention is to trade Nifty & Bank Nifty Future. Initially no intraday trading. Trying to trade with the trend, only taking trades that are clear, keeping on sidelines when things look fuzzy. It seems reasonable to expect 100 Nifty Points / Month. As every month may not be 100+, so lets say trying to make equivalent of 300 nifty points in a quarter. Assuming to trade with 2 lots and considering some costs that translates to around 25K, so that should be the first pit stop, a place to re-evaluate. On the risk side also a similar re-assessment need to done on - 25K.
Regards
Happy
