Part Time Day Trader's Diary

rssheth

Active Member
#1
Hi All ,

I cannot still afford to spend the whole day in trading and pursue such a wonderful money making hobby as I am a working professional and still need to work for someone to earn living.

I trade based on very few basic technical analysis which I have studied. I generally submit my trades at the close of day for tomorrow with following overall considerations and discipline

1 Look at Global markets and do not go hugely against the trend which is prevalent i.e. If US , EUROPE are down by more than 1 % to 2 % , there are high chances our markets may follow the trend etc.

2 Look for any major news feed for stock market in general / sectors / stock specific and try and avoid them for next day trading unless your risk appetite is huge.

3 Major focuses on risk reward ratio, Trade only when risk is minimal and reward must be maximum

One day I aspire to be a wholetime trader !!!!

Cheers
R
 

rssheth

Active Member
#2
Re: Part Time Day Trader's Diary - Trades for 4-Dec-15

1) BANK NIFTY DEC'15 FUTURE

Sell 300 @16900 [email protected] Target 16690

2) NIFTY DEC'15 FUTURE

Sell 700 @7870 [email protected] Target 7735

3) PFC DEC15 FUTURE

Buy 4000 @215.75 [email protected] Target 220


:thumb:
 

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