MNR - Trede

#1
This is my first post trade..

capital i can afford to lose in this month of August is 13 k

ok now my first trade in mcx..

today only crude is trading below atp and all others ( copper, gold, silver and natural gas are above atp ) - i will trade only these as only thse are visible in gci
nickel zinc and lead charts not available.. so i avoid them..

6675 entered crude buy.. SL 6672 ( now 300 Rs + 200 brokerage tax )..

500 at risk.. let's c where i will close it off..
 
#2
market went below 6672 and gone till 6666.. but haven't placed sl yet..

now typing after placing sl at 6665..
risk gone up to 1k+0.2 = 1.2k..
 
#3
This is trade 1 ( business venture 1 continuing )..

indicator to enter is smi it is near -60 expecting it to go up in crude.. smi- stocastic moving oscillator with settings 25,8,8 ;

9.13 - crude now at 6678
9.14.37 - crude came and hit my sl at 6665 - a loss of 1.2k.. very bad very bad:down::down::down:
 
#4
Trade2
entered again at 6678 3 lots at 21:17 ; but only 1 lot got executed..

small trendline breakout is appearing at 106.97$ if gci value crosses 107$ i will move the pending 2 lots at market and c..

modified to 6673 at 21:22 and got executed.. now 3 lots at an average price of
so let average price be 6672 for 3 lots..

now market at 9.23 is 6677 where to keep sl??
 
#5
at 9.24 it is 107$..
my actual cost of entry is 2 points brokerage added it becomes 6674..

where to keep sl i am having 3 lots..
at 9.25

i have kept at 6664 logic.. tocay's low is 6646 so sl by reversing last 2 digits..

risk.. 10 points into 3 lots.. 3k.. my balance is 13k-1.2k is 11.8k..

if this sl hits.. my balance will become 8.8k..

at this rate i might blow up my account now itself..
 
#7
The bottom fromed at 5 min candle at 7.20 which it broke on downside few minutes ago and going up now on reverse side is at 6669.. so moving sl to 6669..

but it is forming a huge hammer with big tail on top..

danger sign market at 6672 at 9.32 what to do??:annoyed:
 

TraderRavi

Gayi Bhains Pani Mein
#8
The bottom fromed at 5 min candle at 7.20 which it broke on downside few minutes ago and going up now on reverse side is at 6669.. so moving sl to 6669..

but it is forming a huge hammer with big tail on top..

danger sign market at 6672 at 9.32 what to do??:annoyed:
6687 par daant dikha rahe the guru, book kyun nahin kiya :annoyed:
 
#9
came till 6666 i haven't moved sl to 6669 ; why 3 lots.. i could have just traded 1 lot and moved sl comfortabley to 6645.. too greedy.. can't help..

i don't know whether i can keep posting like this more and more.. but somehow it releases my tension from the brain.. if it is not ok with the forum rules please inform..so that i reduce my post counts..
 
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