Nifty Trade log...!

[Somanjana_C]

Wow...:thumb: Mrs Chatterjee... Your thought log shows the kind of trader you are... Gr8... :clap: BTW, how many years experience you have!!!

My dad was a full time trader....! my hubby is a full time trader...! combined experience of over 30 years...! personal experience is just over 5 yrs...!

 

[SavantGarde]

Think somewhere along the line you forgot about expiry next week... and the rollover effect...and expected the day to play out the same way as it has been for last couple of weeks... or so.

SG

 

[SavantGarde]

Apnar je kautha lekha achhe ...sayee ta khub bhalo acchey....Almost Like A Man in Many Places...

I am sure men here at TJ have taken notice and will think twice...

SG

 

[Subhadip]

good trades....

liked the way of ur thinking

best of luck

 

[Somanjana_C]

Think somewhere along the line you forgot about expiry next week... and the rollover effect...and expected the day to play out the same way as it has been for last couple of weeks... or so.

SG

seen vix falling to 18.5 and that led to the mess up... I was out of sync with the market today and paid for it... damage is repairable...

Apnar je kautha lekha achhe ...sayee ta khub bhalo acchey....Almost Like A Man in Many Places...

I am sure men here at TJ have taken notice and will think twice...

SG

I'll take that as a compliment... when u are surrounded with traders, we tend to pick up the language and slang...! It is a male dominated sector and to survive this market, attitude is a big asset...!

 

[SavantGarde]

Especially, if you know, 'Why' the damage... it is always repairable....to use your own word.

seen vix falling to 18.5 and that led to the mess up... I was out of sync with the market today and paid for it... damage is repairable...

Yesss... most definitely...It was a Compliment... There shouldn't be an iota of doubt.

I'll take that as a compliment... when u are surrounded with traders, we tend to pick up the language and slang...! It is a male dominated sector and to survive this market, attitude is a big asset...!

Regards As Always

SG

 

[Subhadip]

for ur thought

http://www.traderji.com/trading-diary/54007-lets-double-money-40-trades-17.html#post552274

..post number 163

 

[Somanjana_C]

for ur thought

http://www.traderji.com/trading-diary/54007-lets-double-money-40-trades-17.html#post552274

..post number 163

With poor asian cues, eod in a confirmed down trend, 2 and half hour of lack of buying above the 5483 mark and then cracking of sw pivot low, nifty futures in a discount despite 50 point up move, vix at 18.5, TBQ/TSQ badly skewed towards sell side, I was inclined towards the south side.

well..i had long at 5438... didnt take that...

short at 5484... with only 3 point sl... skipped that also... as i wanted nify to show weakness...

short at 5468... skipped that... waiting for second cycle to enter short...

short at 5459 which hit sl at 5468... went to make high at 5469.90...

thought it was a fake out... entered short at 5465..sl at 5470... sl hit... made high of 5474.85... first mistake...

assumed it to be a fake... entered short at 5469..sl at 5475... that too hit sl... second mistake...

stopped trading and missed the nice long above the 5475 mark...

Its a very thin trading account and has very little body fat, just 70 points... took at hit of 28 points with 3 trades... only left with 42 more...

Morale of the story... one bad trades leads to many.... market dont care what I think... It has a plan for the day and if my trading plan dont sync with that, i'll get my lil fingers burnt... like today

Market hates excuses and punishes assumptions badly... I ended with 3 scratch trades, not a big deal... heart breaker was the fact that i second guessed the system. That's a criminal offense in this market...

 

[Subhadip]

With poor asian cues, eod in a confirmed down trend, 2 and half hour of lack of buying above the 5483 mark and then cracking of sw pivot low, nifty futures in a discount despite 50 point up move, vix at 18.5, TBQ/TSQ badly skewed towards sell side, I was inclined towards the south side.

well..i had long at 5438... didnt take that...

short at 5484... with only 3 point sl... skipped that also... as i wanted nify to show weakness...

short at 5468... skipped that... waiting for second cycle to enter short...

short at 5459 which hit sl at 5468... went to make high at 5469.90...

thought it was a fake out... entered short at 5465..sl at 5470... sl hit... made high of 5474.85... first mistake...

assumed it to be a fake... entered short at 5469..sl at 5475... that too hit sl... second mistake...

stopped trading and missed the nice long above the 5475 mark...

Its a very thin trading account and has very little body fat, just 70 points... took at hit of 28 points with 3 trades... only left with 42 more...

Morale of the story... one bad trades leads to many.... market dont care what I think... It has a plan for the day and if my trading plan dont sync with that, i'll get my lil fingers burnt... like today

Market hates excuses and punishes assumptions badly... I ended with 3 scratch trades, not a big deal... heart breaker was the fact that i second guessed the system. That's a criminal offense in this market...

my suggestion to u..please do it with minifty...

keeping risk minimum

just a suggestion.. after all u r a trader ..decision is urs

:clap::clapping::thumb:

 

[anuragmunjal]

Market hates excuses and punishes assumptions badly... I ended with 3 scratch trades, not a big deal... heart breaker was the fact that i second guessed the system. That's a criminal offense in this market...

hmm 30k account!!!!
I have seen people trading fr the past 20 yrs without realising this.