Risk - reward 1:2 + single entry ,stoploss & target no confusion .

[maxg]

Fantastic call though I got on the call at a higher price still could get some points as profit. Thanks friends.

 

[Dasarp]

You rocks! buddy

 

[Purushotham]

low was 41450 between 11 to 11.30 p.m. so we assume one exited from his/her buy @ 41450 ..... call was given to buy @ 41890 ...so profit per lot = 560 points *5= 2800 rs ...we traded 2 lots ..so profit 5600 - 200 ( brokerage ) = 5400 rs net profit in today's trade .

Call buy at 40890 there is a typo....


good call....:clap::clap::clap::clap:

 

[rajsumi121]

summary of my calls till now

total trades = 13

profitable trades = 10

loosing trade = 3

target hit= 3

stoploss hit = 1

profitable trade average per trade = 4614

loosing trade average per trade - 1450 .


happy trading:rofl:

winning % = 77.6

loss % = 23.4

target hitting capacity % = 23.4 ( less than 25% )

stoploss hitting capacity % = .80 % ( less than 10%)


This is power of money management & risk management .... only 3 target hit and we are making money ... Keep discipline & be patience in your trading approach .... strategy doesn't matter much .

 

[rajsumi121]

Call buy at 40890 there is a typo....


good call....:clap::clap::clap::clap:

Thanks for telling me my silly mistake .....:clapping::clapping:

 

[augubhai]

:clapping::clap::thumb::lol::rofl request to augubhai - can you please make data of my trades as you made in systematic trader thread ...win % ....how many stop hit .... how many target hit ..like that ....please bear with me as I m still learner in data making as I am in trading .

Hi Raj,

If you are using MS-Excel, you could update a data in a format like the one shown below.

Sl. No.	Date		Instrument	Lots	Call	Entry		SL		Target		Exit		Cost		Profit	Loss	Target Achieved	SL Hit	Cumulative
1	06/03/13	SILVERM		1	Short	43790.00	44470.00	42970.00	44470.00	100.00		0.00	-680.00	FALSE		TRUE	-680.00
2	06/04/13	COPPER		1	Short	420.50		424.00		413.00		420.75		100.00		0.00	-0.25	FALSE		TRUE	-680.25
3															
4															
5														
6														
7														
8														
9														
10														
11														
12

You only need to enter data manually until the "Cost" column. Rest of the columns can be populated using Formulae.

Then, use a Pivot Table to extract and summarize the data. Below is a link to know more about Pivot Tables
http://spreadsheets.about.com/od/datamanagementinexcel/ss/8912pivot_table.htm

I do not have Excel. I use Open Office Spreadsheet to prepare my reports. Don't know if that would be of any use to you.

 

[rajsumi121]

Copper outlook ( not trading call - when I will give call ..will give with proper levels of entry -exit & stoploss ) - copper entered in sell zone ....now 413 -414 area is big resistance for copper ..please avoid buying in copper untill it won't close above 413 ...or around 392-394 for a pull back & one can go short near 409-410 with stop of 414 for the target of 397-395.

copper trading almost according to outlook by Grace of God ...Please keep eyes :clapping::clapping::clapping:

 

[ashu1234]

copper trading almost according to outlook by Grace of God ...Please keep eyes :clapping::clapping::clapping:

Someone took a pun at the start of this thread, but more than anything else as you rightly said values and beliefs makes a difference between individuals. And it ultimately shows in trading. I see people struggling and having so hard time in trading and can see the cure with working example of your thread.
More than calls, I'm very glad to meet you here.
:thumb::thumb:

 

[rajsumi121]

Someone took a pun at the start of this thread, but more than anything else as you rightly said values and beliefs makes a difference between individuals. And it ultimately shows in trading. I see people struggling and having so hard time in trading and can see the cure with working example of your thread.
More than calls, I'm very glad to meet you here.
:thumb::thumb:

Heartily Thanks for your kind words ..Same here .

 

[VJAY]

Heartily Thanks for your kind words ..Same here .

Dear raju bhai,

Your signature is great one......:thumb: