Manoj's Trading Diary

[srfelixmca]

no updates!!!!!!!!!!!!!!!!!!

 

[manojborle]

today controlled my overtrading habit and took only trades and most importantly both in direction of major trend.
I had planned to enter long @ 7752 but when it was broken I panicked and could not buy, so a slippage of 7 points and bought @ 7759.
Traded with lot of patience(rather too much as I saw it coming down from 7797 to 7770 and finally exited @ 7780).
Again it made a high of 7792 and i did not exit(must be the greed.
Anyways day ended in a profit and that is what i want.

 

[DSM]

Great trades Manoj. :clap::clap::clap:

today controlled my overtrading habit and took only trades and most importantly both in direction of major trend.
I had planned to enter long @ 7752 but when it was broken I panicked and could not buy, so a slippage of 7 points and bought @ 7759.
Traded with lot of patience(rather too much as I saw it coming down from 7797 to 7770 and finally exited @ 7780).
Again it made a high of 7792 and i did not exit(must be the greed.
Anyways day ended in a profit and that is what i want.

 

[manojborle]

:clap::clap::clap:

Today it was again too much patience and watched it coming down to 7772.4 and the good thing was i did not keep too much patience while exiting :rofl::rofl:, otherwise could have been cursing myself like I was cursing when I entered.

I had planned to buy @ 7783 but I don't know what happens to me and I am not able to stick to my levels.

Anyways I am working on it and will slowly overcome it also.

The best thing today happened was I took only 1 trade and now this is 2 days in a row I was able to control my overtrading tendency.
As I read somewhere when I will be able to control this behaviour 10 times in a row, the overtrading daemon will be killed and then I will start working on other daemons .

:thumb::thumb::thumb:

 

[vishal7176]

@ Manoj , you are big mind person , you are showing your P/L book,

if you dont have problem then can you tell us About your trading system , i think ..you are using 1 min.chart ...if possible then show us on chart .

thank you

 

[manojborle]

@ Manoj , you are big mind person , you are showing your P/L book,

if you dont have problem then can you tell us About your trading system , i think ..you are using 1 min.chart ...if possible then show us on chart .

thank you

 

[manojborle]

On weekly chart Demand pivot was formed last week (@7422) which will be confirmed today and then demand line slope becomes more steep which may become unsustainable.

 

[manojborle]

I will start trading in August future from now onwards.
I am not sure but what i have read implies that if there is correction it should not go below 7839 to confirm that the upmove was strong.
So I am watching 7839 today in august future.

 

[manojborle]

I will start trading in August future from now onwards.
I am not sure but what i have read implies that if there is correction it should not go below 7839 to confirm that the upmove was strong.
So I am watching 7839 today in august future.

The level is broken and even 62% retracement level also broken so the upmove was weak.
I wasn't sure but I was tempted to short @ 7860 and I was going to cover @ 7839.
As I have decided to trade with long term trend which is still UP, I did not take the short.

 

[manojborle]

This is exclusively applicable to me. :clap::clap::clap: