Nifty intraday diary

#54
how do u manage? Like when u had 25k initially, how much do u put in a single trade and other money management details.
TNX
Not such a rules how much to loose in single trade. basic thing is cut ur loosing position early and wait in ur profits till trend ends. And belive me it is not easy as it looks. i showed all my contract notes here. u can see i have maximum loss of around 2000 and for profit i waited till end. In rangebound market like yesterday my trading method stucks really bad. A couple of rangebound trading days can turn my 100% profit to ground level. in simple words which ever method ur using if it is winning then carry on or increase ur postion size and if it is loosing then decrease ur postion size. market runs exact opposite to human psychology. market is zero sum game ur profit/loss depends on how u play it.
 
#55
yaa it is blockbuster.
started my intraday trading on 11-3-13 with 25000 rs and today 9-4-13 is 50718 rs. doubled my investment in less than 1 month in purely intraday trading without using margin. expected 10% to 20% returns but got much more....




as now i have earned 25000 rs it is time to convert 12500 to long term and gold investment. will do it tomorrow.

Well done my friend...........:clapping::clapping:
 
#58
Tried a different system today and it was disaster. more trades more loss. will not do this mistake again. not comfortable with higher number of trades. due to higher number of trades I paid the price. got lesson today less trading makes u more money. :annoyed:

AMOUNT INVESTED = 25000

LONG TERM INVESTMENT = 12500

AMOUNT TODAY = 46823

P/L MARCH 13 = 15097

% P/L MARCH 13 = 60.38%

P/l APR 13 = 6728

TODAY P/l = -4733 ( INCLUDING ALL CHARGES)

 
#60
why do u post contract notes, profit - loss statement is enough......:thumb:
yes that is also right. but first i got mail of contract note between 7 pm. and profit loss mail comes at next day 11 am. so i have to upload it between market hour so posting contract notes is better :).
 

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