Be it morning, day, evening or night, In every 2.5 to 3 hours, I need a break for 30m to 1 hour for Rocky. Even he makes me wake up at 2AM for his pee break. So whichever exchange I trade in, my trading activity need to be SHORT and focused. Plus I had traded Crude 2 years back, but did not like it as it was mostly rangebound in day time. Since I was not used to trading in evening time that much I did not enjoy it. After that I never thought of trading it so far.
LONE WOLF's Trading Diary
- Thread starter LoneWolf
- Start date
Date : 30 May 2017
Opening Session : Long in TATASTEEL
P/L in this trade : +1.07 R
Closing Session : LONG in AXISBANK
P/L in this trade : +0.37R
Summary
A very range bound day even in 1m timeframe. Was tracking only two stocks, so felt little bored.
Trades Taken = 2
Trades in Profit = 1
Trades in Loss = 0
Net P/L for the day = +1.4R
Opening Session : Long in TATASTEEL
P/L in this trade : +1.07 R
Closing Session : LONG in AXISBANK
P/L in this trade : +0.37R
Summary
A very range bound day even in 1m timeframe. Was tracking only two stocks, so felt little bored.
Trades Taken = 2
Trades in Profit = 1
Trades in Loss = 0
Net P/L for the day = +1.4R
Date : 31 May 2017 : Opening Session
Trade I : SHORT in AXISBANK
Remarks : Comments : The exit in this trade was wrong timed.
P/L in this trade : -0.42R
Trade II : SHORT in TATASTEEL
Remarks : None
P/L in this trade : +0.26R
Trade III : SHORT in VEDL
Remarks : None
P/L in this trade : +0.51R
Trade IV : SHORT in VEDL
Remarks : This is the same downtrend continuation of previous VEDL downtrend, but market decided to consolidate and I had to exit and re-enter on suitable area. Cant really complain.
P/L in this trade : +0.64R
Trade V : SHORT in PNB
I was preparing to take a break for mid session. But could not miss this juicy setup. So delayed my break for few minutes. Took this SHORT with slightly lesser risk than my usual trade risk and had placed a target based exit at 146. I was lucky that today that marked the day low.
P/L in this trade : +3.61R
No trades in closing session. I also came late around 1:30 PM. Will evaluate the closing session market in evening.
Net Trades for the day : 5
Trades in Profit : 4
Trades in Loss : 1
Net P/L = +3.4R
Trade I : SHORT in AXISBANK
Remarks : Comments : The exit in this trade was wrong timed.
P/L in this trade : -0.42R
Trade II : SHORT in TATASTEEL
Remarks : None
P/L in this trade : +0.26R
Trade III : SHORT in VEDL
Remarks : None
P/L in this trade : +0.51R
Trade IV : SHORT in VEDL
Remarks : This is the same downtrend continuation of previous VEDL downtrend, but market decided to consolidate and I had to exit and re-enter on suitable area. Cant really complain.
P/L in this trade : +0.64R
Trade V : SHORT in PNB
I was preparing to take a break for mid session. But could not miss this juicy setup. So delayed my break for few minutes. Took this SHORT with slightly lesser risk than my usual trade risk and had placed a target based exit at 146. I was lucky that today that marked the day low.
P/L in this trade : +3.61R
No trades in closing session. I also came late around 1:30 PM. Will evaluate the closing session market in evening.
Net Trades for the day : 5
Trades in Profit : 4
Trades in Loss : 1
Net P/L = +3.4R
Date : 01 June 2017 : Closing Session
Missed Trade : VEDL Short
Summary
Not a very good trading day. I did a mistake and lost pre maturely on VEDL SHORT , and also in the clsoing session missed the VEDL SHORT which was nearly 1.5R trade. The reason for missing out the trade was it came out around 2:50 PM and I had lost interest by that time.
Looking forward for a better and more focused and disciplined trading session today
Trades Taken : 2
Trades in Profit = 1
Trades in Loss = 1
Trades Missed = 1
Net P/L for the day : +0.22R
Missed Trade : VEDL Short
Summary
Not a very good trading day. I did a mistake and lost pre maturely on VEDL SHORT , and also in the clsoing session missed the VEDL SHORT which was nearly 1.5R trade. The reason for missing out the trade was it came out around 2:50 PM and I had lost interest by that time.
Looking forward for a better and more focused and disciplined trading session today
Trades Taken : 2
Trades in Profit = 1
Trades in Loss = 1
Trades Missed = 1
Net P/L for the day : +0.22R
Date : 02 June 2017 : Opening Session
Trade I : SHORT in VEDL
Remarks : None
P/L = +2.67R
Trade II : SHORT TATASTEEL
Remarks : None
P/L = +2.29R
Trade III : SHORT AXISBANK
Remarks : No chance of early scratch here. SHORTED after 2nd weakness post visual resistance breakout-failure.
P/L = -1.05R
Net P/L in openiing session : +3.91R
Now will resume again in closing session.
Trade I : SHORT in VEDL
Remarks : None
P/L = +2.67R
Trade II : SHORT TATASTEEL
Remarks : None
P/L = +2.29R
Trade III : SHORT AXISBANK
Remarks : No chance of early scratch here. SHORTED after 2nd weakness post visual resistance breakout-failure.
P/L = -1.05R
Net P/L in openiing session : +3.91R
Now will resume again in closing session.
Update on past week activity
06 June 2017
Traded in the morning session, but did few wrong trades, not as per the proper setups. Lost 1.8R including the brokerage. No trades were done in closing session.
07 June 2017
I traded both the session on this RBI policy day, But the complete day was SOH day with no trade setups offered.
08 June 2017 and 09 June 2017
No trades were done. I was working on coding few of my strategies in to AFL and testing. Will resume regular trading from monday i.e. 12 June 2017
06 June 2017
Traded in the morning session, but did few wrong trades, not as per the proper setups. Lost 1.8R including the brokerage. No trades were done in closing session.
07 June 2017
I traded both the session on this RBI policy day, But the complete day was SOH day with no trade setups offered.
08 June 2017 and 09 June 2017
No trades were done. I was working on coding few of my strategies in to AFL and testing. Will resume regular trading from monday i.e. 12 June 2017
Date : 11 June 2017
Opening Session : LONG on TATASTEEL
Loss in this trade : - 0.4R
Closing Session : SHORT on AXISBANK
Profit in this trade : +1.3R
Summary
I was trading only 2 stocks to get handy with this new approach.
Trades taken = 2
Trades in profit = 1
Trades in Loss = 1
Net P/L for day = +0.9R
Opening Session : LONG on TATASTEEL
Loss in this trade : - 0.4R
Closing Session : SHORT on AXISBANK
Profit in this trade : +1.3R
Summary
I was trading only 2 stocks to get handy with this new approach.
Trades taken = 2
Trades in profit = 1
Trades in Loss = 1
Net P/L for day = +0.9R
Similar threads
-
LoneWolf's Intraday and Swing Trade Diary with Volume Price Analysis- Started by LoneWolf
- Replies: 54
-
-
-
Should not see Standalone or Consolidated data for fundamental analysis
- Started by kumarsemails
- Replies: 1
-
rolling series charts or standalone series charts
- Started by mehoolsheth
- Replies: 2