Escape's Options Trading Diary - Phase 2

[escape]

Bough Nifty 12OCT2012 PE 5800 @ 135.90, SL 130.70, CMP 135.55

 

[escape]

Bough Nifty 12OCT2012 PE 5800 @ 135.90, SL 130.70, CMP 135.55

Bought two more lots @ 144.25 (Assumptions of breakout)

Average price for 4 lots @ 140.10, SL 136.05, CMP 142.45

 

[escape]

Bought two more lots @ 144.25 (Assumptions of breakout)

Average price for 4 lots @ 140.10, SL 136.05, CMP 142.45

Squared-off all 4 lots @ 151.00, profit of 10.9, less brokerages.

 

[prakash2010]

Squared-off all 4 lots @ 151.00, profit of 10.9, less brokerages.

Sorry, if i hurt you.

Your sl was 136. 5800 pe made a low of 123 at 1:00 pm after you purchased.

Your sl did not get triggered.

 

[escape]

Sorry, if i hurt you.

Your sl was 136. 5800 pe made a low of 123 at 1:00 pm after you purchased.

Your sl did not get triggered.

Hi Prakash,

Glad you noticed. I should have posted but didn't.

Yes stop loss was triggered but didn't executed. At 12:27, it dropped from 142 to 133 and stop loss got triggered but didn't not executed and later it felt to 123.65. So I hold it and sold it at 151.

Also later on I tried quick trade (which is not listed in forum) wherein I lost around 3 points for 4 lots too.

I will be posting end of day result with exact result.

Thank you for noticing. I'm happy at least there are few readers in forum keeping eye on my postings.

Are you holding or traded PE 5800 today?

 

[Jeareh]

Text deleted

 

[escape]

Here is log as of last session.

Log:
NIFTY 25Oct12 CE 5700.00 (B) 100 @ 75.75 (S) 100 @ 71.75 (P/L) +399.00
NIFTY 25Oct12 PE 5800.00 (B) 400 @ 144.91 (S) 400 @ 149.15 (P/L) +1780.00

Result:
After deducting all charges: Rs. +1,174.87

Capital Status (Since September):
Exact Initial Capital: Rs. 45,000/-
Current Ledger balance Rs. 33828.08 (-11171.92 )

Learning/Remark:
Again today was wonderful day to trade. Lots of movement, but didn't able to realize potential as I got stuck with trade (correct trade) and didn't EXITed at right time, else profit could have been more.

 

[soft_trader]

@ escape:

It's great to see that you are recovering. :thumb:

 

[escape]

@ escape:

It's great to see that you are recovering. :thumb:

With God grace, last 3-4 trading sessions are positive. Have to control bigger losses. I have analyzed, my winning trades has given me day profit in range of Rs 200 to Rs. 2700, while losing trades were in range of Rs. 580 to Rs 10700.

In fact, number of winning days are higher compare to loosing days. So have to control bigger losses to recover further.

 

[augubhai]

To avoid SL not being executed, why don't you use SL-M orders?