Day Trading Stocks & Futures

[rh6996]

re: Day trading Nifty & Banknifty Futures

Bad day as far as Profit is concerned... only positive thing has been : I traded all signals generated by the Strategy ! Inspite of Loss I am happy !

Actual trade record for 26th Nov 2013 :
2 lots Short 6094.45 Cover 6099.35 = Loss 5X2= -10
2 lots Long 6099.35 Sold 1 at 6013 = Profit 14 , Sold 2nd at 6117.30 : Profit : 18 points.
2 lots Long 6120.55 Exit @ 6106.60 Loss: 14X2= -28
1 lot long at 6100 Exit @ 6099.10 Loss : -1
1 lot long at 6111.55 exit @6099.10 Loss : -12
2 lots short at 6099.10 exit @ 6100.55 Loss : 2X2=-4
2 lots long at 6100.55 exit @ 6092.45 Loss 2X8= -16
2 lots short at 6092.45 exit @6100.55 Loss :2X8=16
2 lots long at 6100.55 exit @ 6099.45 Loss : 2X1=-2
2 lots short at 6099.45 exit 1 lot @ 6083.35 exit 1 lot at 6093.35 Gain: 16+6=22
2 lots long at 6098.55 exit 6095.45 : Loss 2X3=-6

Total -10+14+18-28-1-12-4-16-16-2+22-6=-41

2 Lots short in hand at 6095.45

 

[Smart_trade]

re: Day trading Nifty & Banknifty Futures

Bad day as far as Profit is concerned... only positive thing has been : I traded all signals generated by the Strategy ! Inspite of Loss I am happy !

Actual trade record for 26th Nov 2013 :
2 lots Short 6094.45 Cover 6099.35 = Loss 5X2= -10
2 lots Long 6099.35 Sold 1 at 6013 = Profit 14 , Sold 2nd at 6117.30 : Profit : 18 points.
2 lots Long 6120.55 Exit @ 6106.60 Loss: 14X2= -28
1 lot long at 6100 Exit @ 6099.10 Loss : -1
1 lot long at 6111.55 exit @6099.10 Loss : -12
2 lots short at 6099.10 exit @ 6100.55 Loss : 2X2=-4
2 lots long at 6100.55 exit @ 6092.45 Loss 2X8= -16
2 lots short at 6092.45 exit @6100.55 Loss :2X8=16
2 lots long at 6100.55 exit @ 6099.45 Loss : 2X1=-2
2 lots short at 6099.45 exit 1 lot @ 6083.35 exit 1 lot at 6093.35 Gain: 16+6=22
2 lots long at 6098.55 exit 6095.45 : Loss 2X3=-6

Total -10+14+18-28-1-12-4-16-16-2+22-6=-41

2 Lots short in hand at 6095.45

11 trades...have you considered the brokerage part or another 22 points for brokerage ? These mechanical systems give lots of trades in sideways market.

But good that you took all the trades and followed the system.

Smart_trade

 

[rh6996]

re: Day trading Nifty & Banknifty Futures

11 trades...have you considered the brokerage part or another 22 points for brokerage ? These mechanical systems give lots of trades in sideways market.

But good that you took all the trades and followed the system.

Smart_trade

Thanks for your comments.
I am okay with brokerage as its fixed ! The expenses other than brokerage also pile up ! I am aware of that.
Have been trading this system for a few weeks and there was always a mismatch in my P/L and paper trades, always Actual profits were nearly half the paper profits ! Though in loss today but happy was firmly disciplined, may be for the first time in 2013 !
So am happy !

 

[stock72]

re: Day trading Nifty & Banknifty Futures

As expiry is near even 40+ points cut itself a huge .. so LODU won ..

and Laddu for Lodu

Traders' views differ...that is why we have both bulls and bears in the market. So now it is LODU Vs TOTA....let us see who is right or both are proved wrong by mkt not doing anything...

ST

 

[anup]

re: Day trading Nifty & Banknifty Futures

As expiry is near even 40+ points cut itself a huge .. so LODU won ..

and Laddu for Lodu

Good to see the owner of TOTA appreciating its rival LODU


:rofl::rofl: :lol::lol: :clap::clap:

 

[robinsuri]

re: Day trading Nifty & Banknifty Futures

Hi,
I am a newbie. Please help me in understanding the following :

http://www.thehindubusinessline.com/markets/day-trading-guide/article5390666.ece

How to interpret the day trading guide given in the above link.

 

[boarders]

re: Day trading Nifty & Banknifty Futures

cant get to the last page 1044 whats happening

 

[niftytaurus]

re: Day trading Nifty & Banknifty Futures

11 trades...have you considered the brokerage part or another 22 points for brokerage ? These mechanical systems give lots of trades in sideways market.

But good that you took all the trades and followed the system.

Smart_trade

Hi ST Da
Shall we consider Turn over charges also ..as on future its high than options..so approximate 1.25-1.50 points per lot..( turnover + stt+ etc )....

so for those 20 lots..its approximate 25-30 points for those charges also..its a big hazard for traders..if we take all signals,we overtrade...& if we dont take all signals,then we dont know which signal will be in profit..:-( ...

 

[TraderRavi]

re: Day trading Nifty & Banknifty Futures

As expiry is near even 40+ points cut itself a huge .. so LODU won ..

and Laddu for Lodu

LODU fker did not win , it did not told me day will be like this :annoyed:

 

[timepass]

re: Day trading Nifty & Banknifty Futures

watch 6100CE, there seems to be some buying at lower levels.. around 27-28.