Augubhai's diary and notes

[augubhai]

NF intraday trades:

1. long 5428,

Brokerage of 2 points per trade not deducted.

 

[augubhai]

Busy with some stuff. Plan to do chartless trading today.

Update. Will be trading with charts after all.

 

[augubhai]

NF intraday trades:

1. long 5428, exit 5426 = -2

Brokerage of 2 points per trade not deducted.

 

[augubhai]

NF intraday trades:

1. long 5428, exit 5426 = -2
2. long 5433,

Brokerage of 2 points per trade not deducted.

 

[augubhai]

In hindsight, I feel that the first exit was a silly exit. Will give more room for this trade.

 

[augubhai]

Yesterday's objective was to keep my losses small, and let my profits run. I'd like to think that I achieved that objective yesterday, but the small losses summed up and negated my larger profits.

Today's objective (I defined this objective after the first exit today), is to identify the bias, get in early, and give room for a favorable move to develop.

 

[escape]

Yesterday's objective was to keep my losses small, and let my profits run. I'd like to think that I achieved that objective yesterday, but the small losses summed up and negated my larger profits.

Today's objective (I defined this objective after the first exit today), is to identify the bias, get in early, and give room for a favorable move to develop.

Augubhai, we both are in same situation (mine may be even worst then yours), we are loosing on daily basis. As per my learning until now and seeing your trades, I would suggest you to reduce number of trades and try to identify stronger moves and bet on them.

I'm targeting max 5 trades on daily basis.

 

[augubhai]

Augubhai, we both are in same situation (mine may be even worst then yours), we are loosing on daily basis. As per my learning until now and seeing your trades, I would suggest you to reduce number of trades and try to identify stronger moves and bet on them.

I'm targeting max 5 trades on daily basis.

Thanks, I am thinking the same - capturing only the big market moves.

i have started a game since Thursday, where I move up a level after earning about 100 post brokerage NF points. Am still at level 1 - Thursday was a loss, Friday was a profit, and yesterday was a small profit.

I am long now. For the past 1 hour, market has moved lower. But I think that the bias is still positive, and for all we know, the downmove may just be a flag.

 

[augubhai]

NF intraday trades:

1. long 5428, exit 5426 = -2
2. long 5433, exit 5423 = -10

Brokerage of 2 points per trade not deducted.

 

[augubhai]

may have been a flag, but my 10 pt SL exited me. think of increasing the SL