soliloquy of a looser Trader

[sabharwal_RK]

Very easy and profitable day to trade.

Made decent money but could have minted more with a bit of patience and time for trading.

Anyways tomorrow is a big day for me; got an interview scheduled with a big bank (of course for a big fat pay check....)

 

[sabharwal_RK]

Three trades

1. BOF of BRN/IRL scratched at a minor loss but that was wrong way to manage the trade, got fearful of a red bar need to work on emotional expect

2. Good trade: short on TST of HOD (but I was repeated fearful of loosing my profits need to work)

3. Excellent trade: BOF of LOD I got lucky to get an entry here.

Hope to inculcate discipline and consistency

 

[RAAMAKANT]

Three trades

1. BOF of BRN/IRL scratched at a minor loss but that was wrong way to manage the trade, got fearful of a red bar need to work on emotional expect

2. Good trade: short on TST of HOD (but I was repeated fearful of loosing my profits need to work)

3. Excellent trade: BOF of LOD I got lucky to get an entry here.

Hope to inculcate discipline and consistency

Good Trades Sabharwal bhai but I am failed to understand your exits, or is it Stop And Reverse type trades ?

 

[sabharwal_RK]

My exits are either out of fear, SL hit TSL hit or too much profit on table

I need to work on my exit no discipline there....

 

[indrag91]

Hi

I like your neat charts and indicators. Can you tell me where you get these intraday charts and buy sell indicators. (I cant understand your short terms like BOF, IRL,BRN, TST TH, LOD)
Cheers

Raju

 

[sabharwal_RK]

No trades today:

Nifty went up rapidly I was looking for BOF or BPB long and this is the disadvantage of not taking BO trade in a rapid movement like todays you wont get a change to participate.

Only a 20 point trade was available at 1 oclock but I am usually out for lunch at that time so dont trade around 1 oclock.

 

[PUCHU_2500]

Hi

I like your neat charts and indicators. Can you tell me where you get these intraday charts and buy sell indicators. (I cant understand your short terms like BOF, IRL,BRN, TST TH, LOD)
Cheers

Raju

click below to understand above glossary
http://niftynirvana.blogspot.in/2012/01/glossary.html

 

[sabharwal_RK]

Bad day in the market, didnt played with enough discipline.

First trade was above 5min bar though market would run but it didnt, should have exited at the shooting star but my net went down and charts didnt refreshed net lost 10 points. I should avoid early morning trades, i am not able to handle the volatility properly, but the lure of quick money makes me trade early session.

Second trade was BOF of LOD the trade didnt moved well so scratched at no loss (not sure if right decision)

third trade could be TST of PDH I didnt took that

 

[PUCHU_2500]

Bad day in the market, didnt played with enough discipline.

First trade was above 5min bar though market would run but it didnt, should have exited at the shooting star but my net went down and charts didnt refreshed net lost 10 points. I should avoid early morning trades, i am not able to handle the volatility properly, but the lure of quick money makes me trade early session.

Second trade was BOF of LOD the trade didnt moved well so scratched at no loss (not sure if right decision)

third trade could be TST of PDH I didnt took that

I think your trade is BOF of PDH.

 

[sabharwal_RK]

Its a both PDH and LOD