Escape's Options Trading Diary - Phase 2

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Bought Nifty 12SEP2012 CE 5500 @ 154.90, SL 150.25 CMP 155.50

 

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Bought Nifty 12SEP2012 CE 5500 @ 154.90, SL 150.25 CMP 155.50

SL hit @ 152.90, loss of 2 points, less brokerages.

 

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Bought Nifty 12SEP2012 CE 5500 @ 156.75, SL 151.25 CMP 157.00

 

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Bought Nifty 12SEP2012 CE 5500 @ 156.75, SL 151.25 CMP 157.00

EXIT @ 174.90, profit of 18.15 points, less brokerages.

 

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Bought Nifty 12SEP2012 PE 5800 @ 127.75, SL 123.25 CMP 127.70

 

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Bought Nifty 12SEP2012 PE 5800 @ 127.75, SL 123.25 CMP 127.70

EXIT @ 127.90, profit of 0.15 points, less brokerages.

 

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Bought Nifty 12SEP2012 CE 5500 @ 169.75, SL 164.25 CMP 170.90

 

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Bought Nifty 12SEP2012 CE 5500 @ 169.75, SL 164.25 CMP 170.90

SL Trigger, EXIT @ 167.75, loss of 2 points, less brokerages.

 

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Here is log as of last session.

Log:
NIFTY 27Sep12 CE 5500.00 (B) 300 @ 160.47 (S) 300 @ 165.18 (P/L) +1413.00
NIFTY 27Sep12 PE 5800.00 (B) 500 @ 130.15 (S) 500 @ 131.13 (P/L) +490.00

Result:
After deducting all charges: Rs. 1696.70

Capital Status for the current month:
Exact Initial Capital: Rs. 45,000/-
Current Ledger balance Rs. 34425.99 (-10574.01)

Learning/Remark:
Today most of trades I did were on breakout of last swing. It does worked well. Instead of buying at support and hoping trend will reverse, I guess buying at breakout is much safer as we are following in same direction, also we can keep stop very close (I tried keeping 5 points below).

 

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Bought Nifty 12SEP2012 CE 5500 @ 176.75, SL 172.25 CMP 178.40