diary of a day trader
- Thread starter TraderRavi
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- Tags best trading diary day trading make money in daytrading nifty futures nifty options
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Hi Ravi
Was noticing something, in each of your posts about a trade u have a smiley. Like see this post
Even before seeing whether your trade is doing good or bad you are emotionally attached with it. Our Position sizing should be such that our P/L in each trade should not be hampering us emotionally. I hope you have your position sizing right.
Don't waste much time in predicting what market gonna do rather try to think about your position sizing, your risk per trade, where you can add to your wining position,where it is time to jump out of the trade.
It took me quite a while to figure it out myself. And i too donated quite a lot to the market.
Analyzing the markets is just 5% of what it takes of being a successful trader, it is money management and your emotional control which is more important.
Regards
CT
Was noticing something, in each of your posts about a trade u have a smiley. Like see this post
Result today ITC......
bot ITC 200 CE @ 0.85...........1700 risk....
bot ITC 200 CE @ 0.85...........1700 risk....
Don't waste much time in predicting what market gonna do rather try to think about your position sizing, your risk per trade, where you can add to your wining position,where it is time to jump out of the trade.
It took me quite a while to figure it out myself. And i too donated quite a lot to the market.
Analyzing the markets is just 5% of what it takes of being a successful trader, it is money management and your emotional control which is more important.
Regards
CT
Hi Ravi
Was noticing something, in each of your posts about a trade u have a smiley. Like see this post
Even before seeing whether your trade is doing good or bad you are emotionally attached with it. Our Position sizing should be such that our P/L in each trade should not be hampering us emotionally. I hope you have your position sizing right.
Don't waste much time in predicting what market gonna do rather try to think about your position sizing, your risk per trade, where you can add to your wining position,where it is time to jump out of the trade.
It took me quite a while to figure it out myself. And i too donated quite a lot to the market.
Analyzing the markets is just 5% of what it takes of being a successful trader, it is money management and your emotional control which is more important.
Regards
CT
Was noticing something, in each of your posts about a trade u have a smiley. Like see this post
Even before seeing whether your trade is doing good or bad you are emotionally attached with it. Our Position sizing should be such that our P/L in each trade should not be hampering us emotionally. I hope you have your position sizing right.
Don't waste much time in predicting what market gonna do rather try to think about your position sizing, your risk per trade, where you can add to your wining position,where it is time to jump out of the trade.
It took me quite a while to figure it out myself. And i too donated quite a lot to the market.
Analyzing the markets is just 5% of what it takes of being a successful trader, it is money management and your emotional control which is more important.
Regards
CT
and positions sizing and money management belongs to different segment and of course it needs 100% care....
For the rest of matter..... :thumb::thumb:
Last edited:
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