Augubhai's notes - Smarts, Guts and Luck

[muinali]

Profits already.

Took a couple of shorts when the market was going up, and lost. Then shorted again, and piled on when market went down. Neat profit now.

:clap::clap::clap:

 

[augubhai]

turning out to be a good day

but need to think about how to avoid big adds at the top of every good move.

 

[augubhai]

piled on long positions... if it moves now, I will be rich.

 

[augubhai]

piled on long positions... if it moves now, I will be rich.

too bad... SL hit. Exited with a neat profit though.

I had piled on early for this move. If it had moved another 5 points up, I would have deployed my entire trading capital on this one trade, with a tight SL. The position was already in good profit.

 

[augubhai]

great day, great feeling. profits could have been better.

now I need to sit down and analyze what I did right.

also, I plan to introduce partial profit booking into my trading circus from tomorrow.

 

[ganeshams]

great day, great feeling. profits could have been better.

now I need to sit down and analyze what I did right.

also, I plan to introduce partial profit booking into my trading circus from tomorrow.

All the best sir hope your profit grows every day like this :clapping:

 

[augubhai]

There is a typo in the image. It should be read as 6000PE, instead of 5600PE

 

[augubhai]

Hoping NF reaches 6100... watching it for my first partial profit booking

 

[augubhai]

SL hit. out of the good ride in Calls. Minor profit due to late adds.

 

[augubhai]

Account in red. After the first profit, I decided to increase my initial position size. So impact of the losses are proportionally bigger.

Then had 3 losses in a row in Calls. Now in my 5th trade in Calls. This seems to be doing slightly better...