diary of a day trader

[veluri1967]

TraderRavi,

U should try to put the reason on why u lost.Resaons could be any ...

1. Not providning stop loss
2. System not followed
3. System not suitable for such trades
4. Sudden spike
5. Traded against the trend
6. Bought at almost top
7. Sold at almost bottom

Many more ...

This will help u in understanding what are the major mistakes u do and u will be able to figure out what could have been done in such situation.I have got my weak point from posting in such a thread like "I always did overtrading and lost earlier earned profit".

U need not mention in thread if u feel so but keeping in u'r dairy would surely help.
Ofcourse I have also recently started with diary and not a person that could guide anybody ..just wanted to share what I feel and have read.

Raju

Hi.....Ravi,

Pull out your charts...........if you are committing........redened letters above.... on consistent basis and making losses................

Reverse your mind............i mean...............when you think.......buy .........instead of buying...................short............and vice versa.......

It could be that you are eyeing trades through mirror image which tells us right instead of left.

 

[TraderRavi]

hi veluri, if I reverse my position, then market/nifty will reverse her position too....:clap::rofl:

 

[TraderRavi]

This week was neutral for me..as after winning some and loosing some , capital is increased by small amount .....on monthly basis ....6 days to go 6K to recover to end this month in green....tough task .........lets see what happens in expiry week....

 

[stock72]

This week was neutral for me..as after winning some and loosing some , capital is increased by small amount .....on monthly basis ....6 days to go 6K to recover to end this month in green....tough task .........lets see what happens in expiry week....

because of this pressure suggest not to voilate ur normal money and risk manegement rules...

 

[munde_77]

good day for my long straddle 5500 CE/PE.....CE sold @ 51 (bot @ 47)..PE sold @ 81.8 (bot @ 68.5)......total 115.5 ka 132.8.......

could not trade in the morning.....CE high price @ 5600 spot was 103.8 then....but profit is profit.......like today , will trade only after 1pm, for rest of feb and march.......due to cold weather in himalayas..:lol:........

capital preservation is more important in trading.....patience in entry & exit...and nimbleness ......key issues for me in improvement in my trading.....

Read my sign

 

[TraderRavi]

This week was neutral for me..as after winning some and loosing some , capital is increased by small amount .....on monthly basis ....6 days to go 6K to recover to end this month in green....tough task .........lets see what happens in expiry week....

As usual in expiry week, my trading capital expired...............
biggest problem is not closing loosing trades and in the process getting bigger losses......

 

[TraderRavi]

RKGlobal account deactivated due to frequent odin freeze and login errors.......waiting for zerodha account to open...

 

[columbus]

RKGlobal account deactivated due to frequent odin freeze and login errors.......waiting for zerodha account to open...

As usual in expiry week, my trading capital expired...............
biggest problem is not closing loosing trades and in the process getting bigger losses......

I closed RKG 10 days back.I asked them to close it completely because
after sometime they may ask me to pay Software charges.But still so far
I have not received any e-mail.That is the main reason why I closed RKG.
Poor customer service.I opened account with ZERODHA.

From the message ,it seems to me that you are not good at Positional/Swing
trading ,then switch over to Intraday.But do not mix them.Mixing may help
in some instances but not in all.

 

[Raju]

Ravi,

I used RKGLOBAL for 1 yr.Due to poor service and freeze issue stopped trading for a month(They had tolde me that server upgradation is in progress) and later on started again.But their service was not improving.People had started talking good about them, but I trusted my experience and have suspended the account long back.And had confirmed that they would not charge any software charge even if I don't trade for 2 yrs.

Zerodha is best I found in my 4+ yrs of experience.

Regards,
Raju

 

[TraderRavi]

Zerodha Account opened.....Today....

trying to familiarise with NOW platform....