option scalping trading diary.

Investment = 500000
Profit / Loss = - 8451
R O I = - 1.69 %

Cumulative R O I = + 68.63 %

Profit/Loss

Feb 20 = + 42138 , R O I = + 8.42 %

Jan 20 = + 118339 , R O I = + 22.26 %

Dec 19 = +139427 , R O I = +25.60 %

Nov 19 = +68483 , R O I = +12.34 %

5jan20.png
 
Max loss 6% per day hit

Investment = 500000
Profit / Loss = - 30681
R O I = - 6.14 %

Cumulative R O I = + 62.50 %

Profit/Loss

Feb 20 = + 11457 , R O I = + 2.29 %

Jan 20 = + 118339 , R O I = + 22.26 %

Dec 19 = +139427 , R O I = +25.60 %

Nov 19 = +68483 , R O I = +12.34 %

06feb20.png
 

kingsmasher1

Well-Known Member
Max loss 6% per day hit

Investment = 500000
Profit / Loss = - 30681
R O I = - 6.14 %

Cumulative R O I = + 62.50 %

Profit/Loss

Feb 20 = + 11457 , R O I = + 2.29 %

Jan 20 = + 118339 , R O I = + 22.26 %

Dec 19 = +139427 , R O I = +25.60 %

Nov 19 = +68483 , R O I = +12.34 %

View attachment 40102
Sorry but looks extremely dangerous. Seems like with every loss you were almost doubling the quantity to recover.
60, then 240 followed by reaching upto 2020 and then 4320 :eek: :eek:??

Does it follow a position sizing rule? With just 5 lks you were taking 4320 quantity that too with banknifty?
 
Sorry but looks extremely dangerous. Seems like with every loss you were almost doubling the quantity to recover.
60, then 240 followed by reaching upto 2020 and then 4320 :eek::eek:??

Does it follow a position sizing rule? With just 5 lks you were taking 4320 quantity that too with banknifty?
max loss was 6% a day which hit and i exit. i did scalping. not 60 then 240 and then double on every loss. go through my all profit loss i earned 62.5 % profit in last 64 trading sessions with max draw done is less than 10%. this is not first time i am trading big quantity. for 4320 quantity u need 20 lakh to take order. i can only trade max 70 lot at a time in 5 lakh. today,s loss is just Two steps back, soon will be 5 steps ahead. please check this thread after 2 months i will be still earning consistently.
 
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kingsmasher1

Well-Known Member
max loss was 6% a day which hit and i exit.
This is fine, but still according to me 6% loss is a big one. 2-3% max i would go with. But you are free to have our own opinion as per your risk appetite.


not 60 then 240 and then double on every loss. .
Doubling on every bet is the martingale strategy, and it is extremely risky. Today is not the end of the world, so why would i take a risk to double it? If i am correct in the next few trades, the loss would be automatically recovered. But again, its your trades and your money. You can trade the way you wish but since you are posting on an open forum, so i am putting my opinion.

for 4320 quantity u need 20 lakh to take order. i can only trade max 70 lot at a time in 5 lakh.
In your earlier post you agreed, you not only sell but buy as well. And from the contract note you posted it is never apparent which one you did first. For buying 4320 quantity at ~29Rs per lot will need just 125,280.
Of course you need to buy in multiple iterations. I believe 2k is the max quantity you can buy in one go in BankNifty.

Two steps back, soon will be 5 steps ahead. please check this thread after 2 months i will be still earning consistently.
Bhai, i never debated on your capabilities :). In fact, you have been doing well, so you can see so many people following your thread. In fact, i am sure you will be more than 5 steps ahead, and i wish you all the best, but as we know trading is a game of emotions, so lets have better control over it. Good Luck. :cool:
 
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This is fine, but still according to me 6% loss is a big one. 2-3% max i would go with. But you are free to have our own opinion as per your risk appetite.



Doubling on every bet is the martingale strategy, and it is extremely risky. Today is not the end of the world, so why would i take a risk to double it? If i am correct in the next few trades, the loss would be automatically recovered. But again, its your trades and your money. You can trade the way you wish but since you are posting on an open forum, so i am putting my opinion.


In your earlier post you agreed, you not only sell but buy as well. And from the contract note you posted it is never apparent which one you did first. For buying 4320 quantity at ~29Rs per lot will need just 125,280.
Of course you need to buy in multiple iterations. I believe 2k is the max quantity you can buy in one go in BankNifty.


Bhai, i never debated on your capabilities :). In fact, you have been doing well, so you can see so many people following your thread. In fact, i am sure you will be more than 5 steps ahead, and i wish you all the best, but as we know trading is a game of emotions, so lets have better control over it. Good Luck. :cool:
i misunderstood the point i forgot i started option buying but i didnt buy yesterday .i only sold options yesterday. thank u for ur support and suggestions.
 
Investment = 500000
Profit / Loss = + 677
R O I = + 0.14 %

Cumulative R O I = + 62.63 %

Profit/Loss

Feb 20 = + 12134 , R O I = + 2.42 %

Jan 20 = + 118339 , R O I = + 22.26 %

Dec 19 = +139427 , R O I = +25.60 %

Nov 19 = +68483 , R O I = +12.34 %

07feb20.png
 

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