diary of a day trader

[TraderRavi]

well In my view massive rally is waiting...., to hit the upper channel.....http://www.traderji.com/trading-diary/39288-diary-day-trader-96.html#post592267.....

nifty floating around 4900......lets see if it crosses above 5000..next week...

 

[IAtma]

nahi karegee......

karegee to tikegee nahi...., tikegee to main tikne nahi doongaa.:rofl::rofl:

 

[chataara]

Dear friend

You guys are speaking lots of technicals like td seq., td combo which i dont undertstand.

But recenty i am able to gain daily by trading carefully.

Today my profit is Rs. 2500. and I have transferred Rs. 3500 to my bank account.

What I do is simple. ...

If the chart signals an upward or downward move and if it is opposite to my position, immediately I close the position with minimum loss.

I try to avoid holding position for the next day.

In the negative market I will trade PE options only.

In the positive market I trade only CE options only.

And I dont wait for big profit.

Thats all.

Thanks

Dear friends

Todays trades gave me Rs. 3000 profit. In the last 3 days total profit Rs. 4500.

So, I have transferred another Rs.3500 today to my bank account.

I am maintaining around Rs. 11 k in my trading account. I believe that amount is sufficient for trading.

Thanks.

 

[saivenkat]

That is the good thing you have done... taking a portion of the profit.. than putting the hard earned money also as the trading capital.. Well done.:thumb:

 

[TraderRavi]

Dear friends

Todays trades gave me Rs. 3000 profit. In the last 3 days total profit Rs. 4500.

So, I have transferred another Rs.3500 today to my bank account.

I am maintaining around Rs. 11 k in my trading account. I believe that amount is sufficient for trading.

Thanks.

hi chatara, you always post this much profit , that much profit...do you ever lose..?.......
it will help if you post trades too, not just profit......

 

[chataara]

hi chatara, you always post this much profit , that much profit...do you ever lose..?.......
it will help if you post trades too, not just profit......

Dear friend

Some 15 days back my trading margin went upto 14 K. That particular day my profit was around 4k. But Same day in the last hour I bought Jpassociat pe option. That trade gave me some 1500 loss. So did not close the trade. Next day I did worst thing. i.e., bought another 3 lots to average it. Third day It went still further.So I closed all my positions. In this deal I had to lose 10 k. My margin became just 4 k.

So, That day I came to a conclusion that I should never keep position for the next day (unnecessarily). Even if i hold position I should not buy some more options to average it.

So, by Paying 10k to the market I have learnt this lesson.

This lesson is giving good profit. Dear friends I hope you will also follow this If it suits you.

 

[Debarghya Mukherjee]

market is ready to show us the way it wants to go. What you guys think? STCH, MA, TREND all are lined up. Let the price break it. Once it break, higher price action will come soon. If it remains below the trend line, then sell opportunity.

 

[Debarghya Mukherjee]

Bellow I am showing nifty Daily chart and Wkly charts side by side. I am expressing my view here. And I also appreciate if other Traderji members express their view on it.

1) Left Side: At the left side we have Wkly chart. I made my view in there. So it can break 4600 level there or it will get support and will jump up. As we all know that lower channel is a trend breaking pattern. So price has a tendency to jump up from it once some good news comes. That is a great news for us.

2) Right Side: Now from the right side that is the daily chart shows us that, price may get support st the level of 4700 - 4750. Now if it breaks that level our next support from the daily chart will be much lower. It will be below 4600. Which I have a doubt. I don't think that price will come that much low.

So I think that I may consolidate at this level or may test Trend Line 3 and will eventually break Trend Line 2.

 

[TraderRavi]

nifty floating around 4900......lets see if it crosses above 5000..next week...

nahi karegee......

karegee to tikegee nahi...., tikegee to main tikne nahi doongaa.:rofl::rofl:

guru lagta hai 5000 ke upar jayegi....................

 

[Debarghya Mukherjee]

I am sure that everybody made money today.
If anybody has been following my system, lets see the huge profit today. I am sure ravi don't mind that I posted this chart here. After many days, we all made a good amount of profit. I am very happy because of that.