Journey of an Intraday NIFTY Trader with 5 Lakh Initial Capital - REAL TRADES

[siddhant4u]

better to use other font/color/size or excel .. it is tough to read this

its terminal and not excel that's why everything is red/green/black..

 

[milkyblack]

I will try to change the terminal background colour and text colour today for better readability. I myself do not like the black red green.


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[moneymanager1980]

I will try to change the terminal background colour and text colour today for better readability. I myself do not like the black red green.


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or simply copy and paste in excel .. just my view

 

[VJAY]

Before people asked to post ledger etc when one start any thread on live trading....now days if one posted trade details as screen shot of terminal ...now all want to trade time...when thread owner himself saying thread for psychology and MM improvement ...

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[milkyblack]

Day 3. One trade 675 qty. So far all days in negative. Mind starts to play games now.Changed the background color to white of tradebook from terminal for better readability .

 

[milkyblack]

Day 4-
2 trades 600 qty each. 2nd trade had to square off at eod, neither tgt nor SL was hit in the 2nd trade

 

[gautam7821]

Please crop the screenshot like this

 

[gautam7821]

Thank you mods for removing the image
New image attached with the changes done View attachment 38047

Here SL -33 points.

Day 4-
2 trades 600 qty each. 2nd trade had to square off at eod, neither tgt nor SL was hit in the 2nd trade View attachment 38120

In the first trade +9 points , I assume it as target .


Can you explain your target/SL/ RR ratio.

 

[MSN1979]

Day 4-
2 trades 600 qty each. 2nd trade had to square off at eod, neither tgt nor SL was hit in the 2nd trade View attachment 38120

What is the limit of number of trades you can take per day? I see in excel you reduced risk to 18k per trade, first trade u lost 12k ( if i am thinking correctly), considering a SL of 20 P for 2nd trade you would have risked more then 5 % today including Taxes.

Also I am assuming you pay 150 ( per lot ) as minimum is around 124.73 with 0% commission intraday

Also since this gives you 25 trade opportunities ( after commission you would be left with 22 trades) did you decide max drawdown?

 

[MSN1979]

He drives an S Class Mercedes. Makes no difference to him. He is here to just indulge in discussion on Trading Psychology, which no one has breached here.

This is irrelevant, if he is driving a merc that tells me

1. he is smarter then average joe from the block
2. He inherited

Regardless, lets see how it goes. Lets stay focused on the topic.