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

[Taiki]

EOD Summary

A mixed feeling day, Got 40 good points in one short trade, but got whipsawed in the trades after 12PM, Did 5 trades, net gain for day will be +36 points, brokerage is yet to be cut.. Recovered 40% os past day's loss, but glad to make profit on the weekend..

So with this week I have successfully achieved my first milestone in day trading.. Now looking forward to the next step..

Milestone 2 :
- Trade with 2 nifty lots for next 100 profitable trades.
- End 90% of my week in profit. (For milestone 1 70% of my weeks were in green)
- Attain a 60-40 %age in profit to loss ratio. For past 3 month It has been 44 - 56, 51-49 and 55-45 respectively.

Regards
Taiki

 

[Trader_PK]

EOD Summary

A mixed feeling day, Got 40 good points in one short trade, but got whipsawed in the trades after 12PM, Did 5 trades, net gain for day will be +36 points, brokerage is yet to be cut.. Recovered 40% os past day's loss, but glad to make profit on the weekend..

So with this week I have successfully achieved my first milestone in day trading.. Now looking forward to the next step..

Milestone 2 :
- Trade with 2 nifty lots for next 100 profitable trades.
- End 90% of my week in profit. (For milestone 1 70% of my weeks were in green)
- Attain a 60-40 %age in profit to loss ratio. For past 3 month It has been 44 - 56, 51-49 and 55-45 respectively.

Regards
Taiki

What was your Milestone 1?

 

[Taiki]

What was your Milestone 1?

Milestone 1 was have 100 profitable trades with 1 lot of Nifty FUT with profit to loss ratio more than 50%.

Regards
Taiki

 

[TraderRavi]

Milestone 1 was have 100 profitable trades with 1 lot of Nifty FUT with profit to loss ratio more than 50%.

Regards
Taiki

Best wishes for your milestone 2, Taiki.........:thumb:

 

[sachin928111]

why 100 y not 112 or 89 ?

 

[akrsrivastava]

Please post your chart with today's trade.
Thanks!

EOD Summary

A mixed feeling day, Got 40 good points in one short trade, but got whipsawed in the trades after 12PM, Did 5 trades, net gain for day will be +36 points, brokerage is yet to be cut.. Recovered 40% os past day's loss, but glad to make profit on the weekend..

So with this week I have successfully achieved my first milestone in day trading.. Now looking forward to the next step..

Milestone 2 :
- Trade with 2 nifty lots for next 100 profitable trades.
- End 90% of my week in profit. (For milestone 1 70% of my weeks were in green)
- Attain a 60-40 %age in profit to loss ratio. For past 3 month It has been 44 - 56, 51-49 and 55-45 respectively.

Regards
Taiki

 

[TraderRavi]

why 100 y not 112 or 89 ?

cause 100 is a psychological milestone number, its a century :thumb:

 

[Taiki]

Best wishes for your milestone 2, Taiki.........:thumb:

Thank you ravi bhaiya

Wishing you for a speedy recovery of your loss too :thumb:

Regards
Taiki

 

[Taiki]

why 100 y not 112 or 89 ?

If I would have set my milestone 1 as 117, then would you have asked why its 117 ?? Why not 123 ???

You just need some goal to have your eye on that.. And the number is not important, the aspects of learning, mistakes committed and learning from those mistakes, and execution is what matters to me

Regards
Taiki

 

[Taiki]

Please post your chart with today's trade.
Thanks!

Sure buddy, will do this in evening.

Regards
Taiki