A new Life, A new Career, A new Dream - I am a Trader

[tradersangy]

http://mediafire.com/?sxb6a1be9pm7p70
here is the link for high probability trading book

 

[Taiki]

EOD Summary

Did not trade today for expiry, decided to stay out of market and watch nifty's volatility. One sell signal had come in early hour at 5980-5985, and Nifty ended up at 5907.

I was waiting to see some wild swing for expiry but nifty disappointed me :annoyed:

Regards
Taiki

 

[Gaur_Krishna]

Udayan ne time pe chod diya....

Regards,
Gaur_Krishna

cnbc Net profits dips to 22 crs from 200+ crs QOQ

 

[Tlahuicole]

EOD Summary

Did not trade today for expiry, decided to stay out of market and watch nifty's volatility. One sell signal had come in early hour at 5980-5985, and Nifty ended up at 5907.

I was waiting to see some wild swing for expiry but nifty disappointed me :annoyed:

Regards
Taiki

Taiki, I too was not taking trades on expiry day before, but started taking trades on expiry dates since april, it works sometimes, but if it works out for you it will work out bigger, so try next expiry day with one lot alone and no adds, may be your system works on expiry day without any hiccups, give a try bro.

 

[timepass]

Udayan ne time pe chod diya....

Regards,
Gaur_Krishna

He left the same day that the Court lifted the ban on Dance Bars.

He said that he wanted to pursue "personal passions and ambitions"

:clap::clap:

 

[Taiki]

Monthly Update for July 2013

With yesterday's expiry I ended my 2nd month of trading. In july series I could not trade all the days. In 1st week I had missed few days, and was hit by loss in other days, 2nd week had a travel plan and I was busy in learning, analysing and fine-tuning my system. Started trading with modified system from 3rd week of July and has traded continuously since then.

Statistics

1. In the last 2 weeks I have done 35 trades in total, made 126 points and lost 75 points, So a net gain of 51 points.
2. Out of those 35 trades many trades are wrongly taken due to emotion and violation of rules. Majority of the loss is attributed to bad execution skill and have lost few big profits because of early exit.

So ended the July Series in breakeven too. But need to gain 40+ points to end the month in breakeven. Becasue that is the fixed brokerage cost for TSO per month.

Goals for August Series

1. Practice, Practice, Practice. Need to practice more in perfecting entry, timing exit, moving TSL etc.
2. Keep the emotion down, and only act as per the rules, Do not react seeing the market movement.
3. No If, No but, Just Stick to the Plan
4. Achieving perfection over system execution is not the only thing needed for a trader. Learn to keep your emotion down, instead of being controlled by it.

I am loving it

Regards
Taiki

 

[Tlahuicole]

Monthly Update for July 2013

With yesterday's expiry I ended my 2nd month of trading. In july series I could not trade all the days. In 1st week I had missed few days, and was hit by loss in other days, 2nd week had a travel plan and I was busy in learning, analysing and fine-tuning my system. Started trading with modified system from 3rd week of July and has traded continuously since then.

Statistics

1. In the last 2 weeks I have done 35 trades in total, made 126 points and lost 75 points, So a net gain of 51 points.
2. Out of those 35 trades many trades are wrongly taken due to emotion and violation of rules. Majority of the loss is attributed to bad execution skill and have lost few big profits because of early exit.

So ended the July Series in breakeven too. But need to gain 40+ points to end the month in breakeven. Becasue that is the fixed brokerage cost for TSO per month.

Goals for August Series

1. Practice, Practice, Practice. Need to practice more in perfecting entry, timing exit, moving TSL etc.
2. Keep the emotion down, and only act as per the rules, Do not react seeing the market movement.
3. No If, No but, Just Stick to the Plan
4. Achieving perfection over system execution is not the only thing needed for a trader. Learn to keep your emotion down, instead of being controlled by it.

I am loving it

Regards
Taiki

Taiki moving towards the ultimate path of financial freedom :clap: congrats buddy, keep moving, while defending yourself from big blows, you will surely make it, reach there soon and be ready to help out guys like me by guiding us on our goal.

 

[Taiki]

Taiki moving towards the ultimate path of financial freedom :clap: congrats buddy, keep moving, while defending yourself from big blows, you will surely make it, reach there soon and be ready to help out guys like me by guiding us on our goal.

Its a long journey buddy, still miles to go, and I am not there yet..

 

[prashantcnb]

All the very best.

 

[Taiki]

EOD Summary

Another bad day in my process execution. Did 3 trades, 2 in loss, 1 in profit. The bad part of the day is exited the profiting trade early And then missed a big chunk of points.

Again missed the upmove during the last hour, My order did not get executed and market moved. Raised the entry order a bit, and that did not get executed too :annoyed:. After that decided not to chase the market.

Net gain for the day is +20 points

Regards
Taiki