Trial Trading diary : Scalping

[RSD]

Thanks for your valuable suggestions.

 

[haruns]

Can you explain point 3 .

Large Cap always have good pre-market volume so they are there as usual nothing new about it. but when we see good premarket activity in small to medium range scrip it can be a used as catalyst which can make this scrip more active during the day thereby producing good day trading opportunities .this filter is used to consider companies which have medium market cap as these tend to give good intraday moves although volume would less as compared to Big companies. % wise move you get in each swing will be relatively high also it is easy for operator to move such stock by big margin. it is my observation other may differ

 

[haruns]

Best app/software/brokerage farm for scalping ?

Zerodha KITE/Upstox Pro Web/Nest Trader are my favorites... i would say no to any mobile app for Scalping

 

[haruns]

29-11-2018

Lunch time trade

1__WIPRO__500__315-->314
2__HINDALCO__500__226.5-->226
3__ITC__500__289.2-->288.7

Profit after tax : 850

you are doing great ... lunch time is hardest time to trade when volume dries. exceptional trading skills

 

[gautam7821]

Zerodha KITE/Upstox Pro Web/Nest Trader are my favorites... i would say no to any mobile app for Scalping

I don't have excess to PC/laptop at job.

you are doing great ... lunch time is hardest time to trade when volume dries. exceptional trading skills

I am learning from you guys, miles to go.

 

[gautam7821]

30-11-2018

Lunch trade ,first time SL=50 paisa, SL hit in first 2 trade but recovered at last with marginal profit.


1__HINDALCO__500__224-->224.5 (SL)
2__WIPRO__500__323-->323.5 (SL)
3__HINDALCO__400__225.5-->225
4__HINDALCO__400__225.7-->224.7
5__COALINDIA__500__243.5-->243.2
6__COALINDIA__400__244.2-->243.5
7__HINDALCO__400__225.5-->225

Profit after tax : 465

Also sold 20 HEXAWARE @326 that bought @308

 

[gautam7821]

03-12-2018 : Lunch trades

1__POWERGRID__1000__186.5-->186.25
2__POWERGRID__1000__187.3-->186.7
3__NTPC__2000__144.05-->144.50
4__NTPC__1000__144.90-->144.50

Power grid profit taken away by NTPC. Anyway closed the day in green.
NTPC trade was done at 2:45, too late (my mistake), cut position at 3:20.

 

[gautam7821]

04-12-2018

Profit of 1100 turns into loss of 1800 because of greed.

 

[gautam7821]

05-12-18

1__INFRATEL__500__258.1-->257.8
2__INFRATEL__500__258.1-->257.6
3__CANARA__500__255 -->254.5
4__CANARA__500__255.6-->255
5__SBI__500__282.6-->282.3

New strategy: Place double order(1000 instead of 500) and cut 50% of position just for brokerage. I could hold SBI little bit longer . Profit today +1100

Also cut YESBANK/ POWERGRID/ KPIT with minimal profit, waiting for better entryprice.

 

[gautam7821]

06-12-2018

Got free time at duty , shorted sun pharma at 1st half.

1__SUNP__500__424-->422.75 (50% partial profit booked)
2__SUNP__100__426-->425.5
3__SUNP__100__426-->425.5
4__SUNP__100__425-->424
5__SUNP__100__425-->424.5
6__TATASTEEL__100__519-->518.5
7__LICHSGFIN__100__446-->445


Profit Rs. 856.90