Escape's Options Trading Diary - Phase 2

[escape]

Bought Nifty 12OCT2012 CE 5600 @ 186.75, SL 189.75 CMP 192.45

Exit @ 195.75, Profit of 9 points, less brokerages.

 

[escape]

Bought Nifty 12OCT2012 CE 5600 @ 198.25, SL 194.75 CMP 199.95

 

[escape]

Bought Nifty 12OCT2012 CE 5600 @ 198.25, SL 194.75 CMP 199.95

SL hit @ 194.75, loss of 5 points, less brokerages.

 

[escape]

Bought Nifty 12OCT2012 CE 5600 @ 194.75, SL 189.75 CMP 193.70

 

[escape]

Bought Nifty 12OCT2012 CE 5600 @ 194.75, SL 189.75 CMP 193.70

SL hit @ 189.75, loss of 5 points.

 

[escape]

Bought Nifty 12OCT2012 PE 5800 @ 125.25, SL 120.25 CMP 126.70

 

[escape]

Bought Nifty 12OCT2012 PE 5800 @ 125.25, SL 120.25 CMP 126.70

SL hit @ 120.25, loss of 5 points.

It was winning trade, but didn't exit at right time and didn't trail SL.
Need to work on it.

 

[escape]

Bought Nifty 12OCT2012 PE 5800 @ 124.00, SL 119.25 CMP 123.50

 

[escape]

Bought Nifty 12OCT2012 PE 5800 @ 124.00, SL 119.25 CMP 123.50

Took exit @ 125, profit of 1 points, less brokerages.

No more trade for today.

 

[escape]

Here is log as of last session.

Log:
NIFTY 27Sep12 CE 5600.00 (B) 500 @ 187.15 (S) 500 @ 188.18 (P/L) +515.00
NIFTY 27Sep12 PE 5800.00 (B) 300 @ 124.97 (S) 300 @ 124.75 (P/L) -66.00

Result:
After deducting all charges: Rs. 211.53

Capital Status for the current month:
Exact Initial Capital: Rs. 45,000/-
Current Ledger balance Rs. 36460.92 (-8539.08)

Learning/Remark:
Tried trades exactly as yesterday. Most of trades were having potential to win, but didn't able to make big profit (initially made, but lost with 2-3 loosing trades).

In loosing trades, I should have trailed SL to higher values when it went around 4-5 points up, but didn't do it and lost 5 points.