Escape's Options Trading Diary - Phase 2

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Bought Nifty 12SEP2012 PE 5800 @ 113.80, SL 109, CMP 113.40

 

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Bought Nifty 12SEP2012 PE 5800 @ 113.80, SL 109, CMP 113.40

SL triggered, Exit @ 110, loss of 3.8 points, less brokerages.

 

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Did some Nifty 12SEP2012 CE 5600, all are in loss. Will be logged in end of day result.

 

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I'm facing some issue with trading platform. Not able to refresh data.

 

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I'm facing some issue with trading platform. Not able to refresh data.

Network connections restored. Data is refreshing now.

 

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Here is log as of last session (September 24, 2012).

Log:
NIFTY 27Sep12 CE 5600.00 (B)1400 @ 106.40 (S)1400 @ 99.32 (P/L) -9912.00
NIFTY 27Sep12 PE 5800.00 (B) 400 @ 111.45 (S) 400 @ 110.13 (P/L) -528.00


Result:
After deducting all charges: Rs -10776.50

Capital Status for the current month:
Exact Initial Capital: Rs. 45,000/-
Current Ledger balance Rs. 32729.29 (-12270.71 )

Learning/Remark:
Didn't follow my own strategy of entering at momentum or support level, but instead tried scalp trading and had bigger losses. Also instead of normal 2 lots, in-between I traded 6 lots too.

Will go back to my own strategy of catching at momentum or support level and with only 2 lots.

Also in future, if loss at any point is more than 5k, I should stop trading for day or should take some break instead of fighting with market and adding further losses.

 

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No trades yesterday.

 

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Bought Nifty 12SEP2012 PE 5800 @ 138.00, SL 133, CMP 137.05

 

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Bought Nifty 12SEP2012 PE 5800 @ 138.00, SL 133, CMP 137.05

SL triggered, exit @133, loss of 5 points, less brokerages.

 

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Bought Nifty 12SEP2012 PE 5800 @ 123.00, SL 115, CMP 122.75