Augubhai's diary and notes

How many day trading levels will I complete in 2012? A level is about 100 NF points.


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augubhai

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BNF intraday trades:

1. long at 10633, exit at 10647 = +14
2. short at 10629, exit at 10590 = +39
3. short at 10609, exit at 10615 = -6
4. long at 10635, exit at 10615 = -20
5. long at 10637, exit at 5323 = -14
6. long at 10596, exit at 10578 = -18 (ouch - time to go short)
7. short at 10570, exit at 10565 = +5

Brokerage of 5 points per trade not deducted.
 

augubhai

Well-Known Member
what a lousy day. I thought i started out well, and then everything went down at double speed.

from tomorrow (see how long my resolutions last), I will take on daily range breakout trades in NF. The daily circus will continue only in BNF.

Also, relearnt the lesson once again. When trying out something new, try with just 1 lot.

Anyway....

Still long in Nilu system.
 

Sunny1

Well-Known Member
Augu Bhai...

There is nothing wrong ..

Just that too many trades for intraday ..

For intraday dont go for too many trades...happened to me also ....brkg and small losses ..east up all profit...

maintain 2-3 ...trades for intraday ...picking one good upward movement and one good downward movement ...of course it is for if trading 5-15min tf ...

also I have noticed ...in intraday if you wait for confirmation for trade...slippage will occur more ...so dont concentration too much confirmation...

1-2min tf is all different game...
 
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