I think I am in a much bigger streak than you are. Is it just pure BAD luck or what ?
On 29/10,
ICICI
11:01:09 FUTSTK ICICIBANK 29 Oct 2009 BUY 350 799.4000 279790.00
11:45:10 FUTSTK ICICIBANK 29 Oct 2009 SELL 350 791.2000 276920.00
Stop Loss Hit; Loss = -2870.00
L&T
10:28:00 FUTSTK LT 29 Oct 2009 BUY 200 1587.9000 317580.00
11:03:51 FUTSTK LT 29 Oct 2009 SELL 200 1568.5500 313710.00
Stop Loss Hit; Loss = -3870.00
Reliance Capital
11:13:42 FUTSTK RELCAPITAL 29 Oct 2009 SELL 276 740.7500 204447.00
13:17:06 FUTSTK RELCAPITAL 29 Oct 2009 BUY 276 748.3500 206544.60
Stop Loss Hit; Loss = -2097.60
Reliance
14:04:07 FUTSTK RELIANCE 29 Oct 2009 BUY 150 2035.5500 305332.50
15:01:06 FUTSTK RELIANCE 29 Oct 2009 SELL 150 2019.7500 302962.50
Stop Loss Hit; Loss = -2370.00
Net Loss for 29/10 = Rs 11,207.60
On 30/10
11:01:23 FUTIDX BANKNIFTY 26 Nov 2009 BUY 50 8741.4500 437072.50
FUTSTK BANKNIFTY 26 Nov 2009 SELL 50 8653.0500 432652.50
Stop Loss Hit; Loss = -4420.00
10:28:14 FUTSTK BHARTIARTL 26 Nov 2009 SELL 500 307.8500 153925.00
10:32:44 FUTSTK BHARTIARTL 26 Nov 2009 BUY 500 305.0000 152500.00
Profit Booked = +1425.00
12:54:49 FUTSTK ICICIBANK 26 Nov 2009 SELL 350 779.9000 272965.00
13:14:04 FUTSTK ICICIBANK 26 Nov 2009 BUY 350 785.3000 274855.00
Stop Loss Hit; Loss = -1890.00
(I got a better entry point with the ICICI short, hence loss was a lot lower than had I shorted at 777.xx)
11:39:37 FUTSTK RELCAPITAL 26 Nov 2009 BUY 276 762.0000 210312.00
12:18:40 FUTSTK RELCAPITAL 26 Nov 2009 SELL 276 754.2500 208173.00
Stop Loss Hit; Loss = -2139.00
Net Loss for 30/10 = Rs 7,024.00
Over the long weekend, I decided that the only safe way to trade this is to just concentrate on the Index futures and failed trades. Decided to trade only Nifty, Bank Nifty, ICICI and Rel Cap.
Today, 03/11
3-Nov-2009 Nifty 150 4727.90 4680.55 -7102.50
3-Nov-2009 Bank Nifty 50 8485.00 8390.50 -4725.00
3-Nov-2009 ICICI 700 809.40 814.55 +3605.00
3-Nov-2009 Reliance Capital 552 725.00 717.88 -3933.00
Strangely, even during the 2nd attempt, Reliance Capital trade hit stop loss for the day.
I know I could have traded later in the day to recover my losses in Nifty, Bank Nifty and Reliance Capital. But that's the point. When I don't trade, it becomes a winner. When I do trade, I end up in losses.
Net Loss for 03/11 = Rs 12,155.50
TOTAL LOSS IN 3 DAYS = Rs 30,387.10
It's seems like this system wants to cause me great losses (Rs 30,000+ in just 3 days) every time I place a REAL Trade. On paper, it worked so great. Is it just me or what ???!
aaaaaaaaaaaaaaaaaaahhhhhhhhhhhhhhhhhhhhhhhhhh....................lost another 5000 in tatasteel............