Kwr mcx crude oil day trading diary

KWR

Active Member
#1
OMSHANTI
I m going to start my trading diary here trading will start from 01 august 2014
trading product will mcx crude oil mostly trading for intraday bases.
i will share my trading setup & risk management system here request to all peoples pls give your views on my trades & seniors pleas give comments on my trades where you feel i m wrong.

ALL THE BEST FOR ME:thumb:
Thanks & Regards
KWR
 

KWR

Active Member
#3
My trading strategy for crude oil

OBJECTIVE-
1- MY AIM TO GET 25 POINT GET DAILY FROM CRUDE OIL/LOT.
2- NEED TO STICK WITH TRADING SYSTEM/RISK MANAGEMENT
SYSTEM
3-IMPROVEMENT IN MY TRADING SKILL.

TRADING SYSTEM-
1- MY TRADING SYSTEM IS BASED ON BOLLINGER BAND &
GEOMETRICAL CHART PATTERNS. I USE IT FOR TREND
IDENTIFICATION.
2- FOR LEVELS I USE FIBONACCI RETRENCHMENT TOOL & SWING
HIGH LOW LEVELS

RISK MANAGEMENT SYSTEM-
1- AFTER CONFIRMING THE SIGNAL BY SYSTEM OF ANY SIDE MY
ENTRY WITH 2 LOT WITH 25 POINT SL FOR BOTH 2LOT.
2- IF TRADE GO ON MY WAY THEN BOOK 1ST LOT AT 25 POINTS
& HOLD ANOTHER LOT FOR FURTHER RUN WITH COST TO
COST SL.
3- IF ANY TIME OF THE DAY MY SL IS TRIGGER THEN I WILL
STOP THE TRADING FOR WHOLE DAY.
4-NO LIMIT FOR MAXIMUM NO OF SUCCESSFUL TRADE BUT
SINGLE SL SHOULD NOT BE TRIGGER.

PERSONAL MANAGEMENT SYSTEM-

1-DO PROPER HOME WORK FOR TREND IDENTIFICATION BEFORE
MARKET OPENING .
2- MAKE A PLAN FOR FOR PROBABILITY MOVE FOR TODAY
MARKET BEFORE MARKET OPENING.
3-DO MEDIATION ON DAILY BASES 45-60 MIN FOR PEACE FULL
MIND & BE COLL IN MARKET TIME.
4- AVOID ALL NOISE LIKE SOCIAL SITES/ TELEVISION/CHATTING
& MOBILE PHONE DURING TRADING ONLY PLAN TRADERJI SIDE
WILL BE LOG IN DURING MKT HOUR.

I WILL UPDATE ALL TRADING ENTRY/EXIT AFTER 5 MIN MAX DURATION
OK ALL THE BEST FOR ME.:thumb:
 

rpsvinod

Well-Known Member
#4
My trading strategy for crude oil

OBJECTIVE-
1- MY AIM TO GET 25 POINT GET DAILY FROM CRUDE OIL/LOT.
2- NEED TO STICK WITH TRADING SYSTEM/RISK MANAGEMENT
SYSTEM
3-IMPROVEMENT IN MY TRADING SKILL.

TRADING SYSTEM-
1- MY TRADING SYSTEM IS BASED ON BOLLINGER BAND &
GEOMETRICAL CHART PATTERNS. I USE IT FOR TREND
IDENTIFICATION.
2- FOR LEVELS I USE FIBONACCI RETRENCHMENT TOOL & SWING
HIGH LOW LEVELS

RISK MANAGEMENT SYSTEM-
1- AFTER CONFIRMING THE SIGNAL BY SYSTEM OF ANY SIDE MY
ENTRY WITH 2 LOT WITH 25 POINT SL FOR BOTH 2LOT.
2- IF TRADE GO ON MY WAY THEN BOOK 1ST LOT AT 25 POINTS
& HOLD ANOTHER LOT FOR FURTHER RUN WITH COST TO
COST SL.
3- IF ANY TIME OF THE DAY MY SL IS TRIGGER THEN I WILL
STOP THE TRADING FOR WHOLE DAY.
4-NO LIMIT FOR MAXIMUM NO OF SUCCESSFUL TRADE BUT
SINGLE SL SHOULD NOT BE TRIGGER.

PERSONAL MANAGEMENT SYSTEM-

1-DO PROPER HOME WORK FOR TREND IDENTIFICATION BEFORE
MARKET OPENING .
2- MAKE A PLAN FOR FOR PROBABILITY MOVE FOR TODAY
MARKET BEFORE MARKET OPENING.
3-DO MEDIATION ON DAILY BASES 45-60 MIN FOR PEACE FULL
MIND & BE COLL IN MARKET TIME.
4- AVOID ALL NOISE LIKE SOCIAL SITES/ TELEVISION/CHATTING
& MOBILE PHONE DURING TRADING ONLY PLAN TRADERJI SIDE
WILL BE LOG IN DURING MKT HOUR.

I WILL UPDATE ALL TRADING ENTRY/EXIT AFTER 5 MIN MAX DURATION
OK ALL THE BEST FOR ME.:thumb:
Very neat trading strategies.:thumb: try to track..All the best.

VINOD. RPS
 

KWR

Active Member
#5
My trading strategy for crude oil

OBJECTIVE-
1- MY AIM TO GET 25 POINT GET DAILY FROM CRUDE OIL/LOT.
2- NEED TO STICK WITH TRADING SYSTEM/RISK MANAGEMENT
SYSTEM
3-IMPROVEMENT IN MY TRADING SKILL.

TRADING SYSTEM-
1- MY TRADING SYSTEM IS BASED ON BOLLINGER BAND &
GEOMETRICAL CHART PATTERNS. I USE IT FOR TREND
IDENTIFICATION.
2- FOR LEVELS I USE FIBONACCI RETRENCHMENT TOOL & SWING
HIGH LOW LEVELS

RISK MANAGEMENT SYSTEM-
1- AFTER CONFIRMING THE SIGNAL BY SYSTEM OF ANY SIDE MY
ENTRY WITH 2 LOT WITH 25 POINT SL FOR BOTH 2LOT.
2- IF TRADE GO ON MY WAY THEN BOOK 1ST LOT AT 25 POINTS
& HOLD ANOTHER LOT FOR FURTHER RUN WITH COST TO
COST SL.
3- IF ANY TIME OF THE DAY MY SL IS TRIGGER THEN I WILL
STOP THE TRADING FOR WHOLE DAY.
4-NO LIMIT FOR MAXIMUM NO OF SUCCESSFUL TRADE BUT
SINGLE SL SHOULD NOT BE TRIGGER.

PERSONAL MANAGEMENT SYSTEM-

1-DO PROPER HOME WORK FOR TREND IDENTIFICATION BEFORE
MARKET OPENING .
2- MAKE A PLAN FOR FOR PROBABILITY MOVE FOR TODAY
MARKET BEFORE MARKET OPENING.
3-DO MEDIATION ON DAILY BASES 45-60 MIN FOR PEACE FULL
MIND & BE COLL IN MARKET TIME.
4- AVOID ALL NOISE LIKE SOCIAL SITES/ TELEVISION/CHATTING
& MOBILE PHONE DURING TRADING ONLY PLAN TRADERJI SIDE
WILL BE LOG IN DURING MKT HOUR.

I WILL UPDATE ALL TRADING ENTRY/EXIT AFTER 5 MIN MAX DURATION
OK ALL THE BEST FOR ME.:thumb:
SOME POINTS ARE I MISSED ABOVE-
1- I WILL CLOSE MY ALL OPEN POSITION AT 11.20-11.30 PM DAILY IF ANY SL OR T\G NOT MEET.
2- IF MARKET IS NOT MOVING ACCORDING MY WAY AFTER TAKING ENTRY THEN I WILL CLOSE MY TRADE THERE.:thumb:
 

rpsvinod

Well-Known Member
#6
Dear KWR,

500 Points on Crude..Very Profitable Strategy..btw if u don't mind can i start a new thread to update my trading dairy..by some other strategy following trades..to get 1000 Points on crude..Don't think this's not distract ur thread.

VINOD. RPS
 

KWR

Active Member
#7
Dear KWR,

500 Points on Crude..Very Profitable Strategy..btw if u don't mind can i start a new thread to update my trading dairy..by some other strategy following trades..to get 1000 Points on crude..Don't think this's not distract ur thread.

VINOD. RPS
sure bhai you can start your trading diary also
all the best :thumb:
 

KWR

Active Member
#10
1st trade for CRUDE

BUY CRUDE AT 5985 S/L 5972 T/G 6015/6033
 

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