My Nifty/Mini-Nifty Positional trade logs

[summasumma]

All stochs still in OS zone moving down... Hold short.

Open Position:
--------------
Holdig NF short @ 5560
CMP: 5559

Holding Nifty 5700 CE @ 29 (hedge)
cmp: 25

P/L status:
-----------
-20+80+142-8-90+15-60-60+124-23 = +100

 

[summasumma]

Again: All stochs still in OS zone moving down... Hold short.

There are 2 gaps left out in the past to be filled...The 1st gap(circled in the image) filling completes if NF reaches 5450. Looking at the stochs positions, its like to happen....

Open Position:
--------------
Holdig NF short @ 5560
CMP: 5500

Holding Nifty 5700 CE @ 29 (hedge)
cmp: 14

P/L status:
-----------
-20+80+142-8-90+15-60-60+124-23 = +100

 

[timepass]

There are 2 gaps left out in the past to be filled...The 1st gap(circled in the image) filling completes if NF reaches 5450. Looking at the stochs positions, its like to happen....

...and there's another huge gap somewhere in 3400-3600 region

 

[summasumma]

Again there is gap created between 2111 and 811...
As you can see they are not moving along together.
So better stay away from nifty and wait till make a move together.
However, the bias is still negative with parents/2111 in OS zone. so aggressive traders can short at every rise...

Exited the position at cost today in the morning.

Open Position:
--------------
Exited NF short @ 5560
No profit/loss.


No position.

P/L status:
-----------
-20+80+142-8-90+15-60-60+124-23 = +100

 

[summasumma]

Exited the position at cost today in the morning.

Open Position:
--------------
Exited NF short @ 5560
No profit/loss.

...

Great escape...

 

[mastermind007]

What can be a considered as a good target profit per day

Friends

what can be considered as a good target profit per day in NSE cash segment for strictly Intraday approach (no conversion to delivery)

for a capital of 100000 (includes ten times margin).

If a strategy is able to create profit of 200 Rs net per day after paying off brokerage, can it be considered optimal or is it sub-optimal.

At the moment, brokerage and all other unspeakable are totaling to Rs. 300 per day, so the actual gross profit of the system is 500+. Negotiating with broker to see if he can move me to a better slab, but until that happen ... this is where I am.

 

[nac]

I would say, that's a fantastic return. It's above optimal...

And 300/- is too much... It won't cost that much even with regular broker. One has to trade like two or three times aughubhai style to pay that much fee and taxes...

 

[summasumma]

hey guys,

how are you doing?...

was out of market for past 1 month due to last minute release work in office
Hoping to return very soon now...

Thanks,
...summasumma