Trading diary-sayantan

[sayantan2u9]

date 24-01-2012

long on nifty jan fut 1 lot @5120 n squared off at 5124
profit of 21rs

missed the bus

should hav got in at 5090 levels


date 25-01-2012

no trades today


...
total profit round 800rs till date

 

[sayantan2u9]

date 27-01-2012

made 3 scalping trade today after i missed the big move on reliance

shorted 1 lot dlf feb fut @ 214.0 n covered @ 213.7
shorted 1 lot dlf feb fut @ 214.3 n covered @ 214.05
shorted 1 lot dlf feb fut @ 214.2 n covered @ 212.5

total profit for the day rs1803.90



.......
total profit around rs2600

 

[Debarghya Mukherjee]

good keep it up.

date 27-01-2012

made 3 scalping trade today after i missed the big move on reliance

shorted 1 lot dlf feb fut @ 214.0 n covered @ 213.7
shorted 1 lot dlf feb fut @ 214.3 n covered @ 214.05
shorted 1 lot dlf feb fut @ 214.2 n covered @ 212.5

total profit for the day rs1803.90



.......
total profit around rs2600

 

[sayantan2u9]

really bad week for me

date 30-01-2012

shorted dlf feb fut 1 lot @ 210 n covered at 213.4
n shorted dlf feb fut @ 211.6 n covered at 210.3


@shorted ril feb fut 1 lot @ 800.5 n held it

Rs.3405.28 loss




date 31-01-2012

covered ril feb fut 1 lot @ 815.1

Rs. 3378.52 loss

...........


Rs. 4176.57 loss till date

 

[sayantan2u9]

donno wat is going on,
suddenly why the market went up for no reason today..

 

[soft_trader]

donno wat is going on,
suddenly why the market went up for no reason today..

Don't worry. Everything will be fine. If u are not comfortable with positional trades, stick with intraday only. Best of luck:thumb:

 

[sayantan2u9]

made 2 scalping trade today

shorted 1 lot dlf feb fut @ 228.8 n covered @ 228.2
n shorted 1 lot dlf feb fut @ 228.2 n covered at 228.2

total profit for day 332.49rs

 

[Blitzz]

Hi sayantan,

you are cutting your winning positions very quickly and holding on to the losers. Common mistake.
Calculate your average loss per trade and average profit per trade and you will see true picture.
Fix your max loss per trade to 1-2k(2%-3%) of your portfolio.Dont take any signal which makes you put your SL wider than this.

Think about rewards/risk per trade. try to get atleast 2:1,3:1 per trade.

 

[sayantan2u9]

Hi sayantan,

you are cutting your winning positions very quickly and holding on to the losers. Common mistake.
Calculate your average loss per trade and average profit per trade and you will see true picture.
Fix your max loss per trade to 1-2k(2%-3%) of your portfolio.Dont take any signal which makes you put your SL wider than this.

Think about rewards/risk per trade. try to get atleast 2:1,3:1 per trade.

yes.i know
but i m too afraid to swing trade , coz 1 mistake will dramatically cut my capital,so sometimes i m forced to cut my positions
thus i m day trading,

but this is true what u have said
only thing which i should add here is most of trades which went wrong has been sudden spikes,which come out of no where (atleast it seemed that way to me )

thanks for the good advice though

 

[timepass]

yes.i know
but i m too afraid to swing trade , coz 1 mistake will dramatically cut my capital,so sometimes i m forced to cut my positions
thus i m day trading,

but this is true what u have said
only thing which i should add here is most of trades which went wrong has been sudden spikes,which come out of no where (atleast it seemed that way to me )

thanks for the good advice though

Stoploss nahi rakha kya??

Bhai, we all go through this phase. I go through it about twice every session .. Stoploss + target is the only way to trade for those of us who are not very smart, and don't want to lose money, and are satisfied with small profits.