Trial Trading diary : Scalping

jyotixxx

Well-Known Member
Are all the reds where you took positions and added and greens are exits? Also -ve means unrealized PIP loss and +ve means unrealized PIP gains?

Averaging is a good thing, but you must have a SL in mind! Someday, the loss may wipe out a week's gain!
Good to see you shorting so confidently.
 

gautam7821

Well-Known Member
Don't you have stop loss for sbi, I see that it breached day high around 12pm, you might have been lucky

what do you do if the price does not come down and just shoots higher, won't your account blow up?
sell [email protected] executed
sell 2k @284.30 not executed

I keep SL Rs 1 above avg price.
If both order executed Sl = (Avg of both order + 1) = 284.80
 

gautam7821

Well-Known Member
Are all the reds where you took positions and added and greens are exits? Also -ve means unrealized PIP loss and +ve means unrealized PIP gains?

Averaging is a good thing, but you must have a SL in mind! Someday, the loss may wipe out a week's gain!
Good to see you shorting so confidently.

Red are short position taken , Greens are covered position. Yes I keep SL vary when I average . And I tried to average whenever a pull back seen :):)
 

gautam7821

Well-Known Member
12-09-2019

Did some scalping .. tuk tuk trade . Could not catch any good movement .

Ambuja Cem :333
CAN BANK : 580
HINDALCO : 1200
ICICI BANK : 282

Total P/L : +2395.00
 

gautam7821

Well-Known Member
Bad day, all 4 trades hit SL. :banghead::banghead::banghead:
 
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gautam7821

Well-Known Member