Manoj's Trading Diary

[manojborle]

 

[manojborle]

Tomorrows preparation:

Today's Result:

:gun2::gun2::gun2:

 

[franz.kafka]

Plz post your trades daily it wil help us to learn whatever you want to convey, not just on the days you have profit......

 

[manojborle]

Plz post your trades daily it wil help us to learn whatever you want to convey, not just on the days you have profit......

I would love to however I really don't get time to be on traderji.
While trading I just can't think to post something on traderji and after market I am busy with my little angel.
So whenever I get time I post and by the way I do post loss making days also If you have gone through my posts.

 

[manojborle]

I did only 1 trade today as in this trade my entry was wrong and my sl did not trigger, suddenly it made a low of 8481.5 and recovered.
So I kept a limit sell order @ 8530 and kept on watching and suddenly with 1 spike the order was executed.

So I was lucky today and then I stopped for the day and was just watching price action.

Thanks

 

[manojborle]

 

[manojborle]

 

[manojborle]

 

[manojborle]

Today was very stressful day, major of my trades were in correct direction but I could not manage them well.

1. I shorted at 8567 in the morning and exited in panic at 8560 and within next minute or two it made a low of 8517.5.

2. I went long @ 8523 with stop @ 8518, in one candle it made a low of 8505 taking my stop and then made a high of 8560 in the same candle.
This trade was not wrong as I knew from charts that it will be going up however I entered at wrong place. (The spike was due to RBI news).

3. I went short @ 8523 and made a mistake of covering full @ 8503 and within next minute it made a low of 8450.
(I will try from next session exiting half at predefined target and remaining half will give breathing space.).

4. Finally I went long @ 8499 and it made a high of 8550 and again due to anxiety I exited @ 8534.( I did not expect the spike so panicked and exited).
Here trade was in good 35 points profit and still I panicked, need to do something about this.

I really have to maintain a journal to find out my mistakes.
My winners can be very big compared to my losses, I just have to find out where I am making mistakes.

 

[amitrandive]

Today was very stressful day, major of my trades were in correct direction but I could not manage them well.

1. I shorted at 8567 in the morning and exited in panic at 8560 and within next minute or two it made a low of 8517.5.

2. I went long @ 8523 with stop @ 8518, in one candle it made a low of 8505 taking my stop and then made a high of 8560 in the same candle.
This trade was not wrong as I knew from charts that it will be going up however I entered at wrong place. (The spike was due to RBI news).

3. I went short @ 8523 and made a mistake of covering full @ 8503 and within next minute it made a low of 8450.
(I will try from next session exiting half at predefined target and remaining half will give breathing space.).

4. Finally I went long @ 8499 and it made a high of 8550 and again due to anxiety I exited @ 8534.( I did not expect the spike so panicked and exited).
Here trade was in good 35 points profit and still I panicked, need to do something about this.

I really have to maintain a journal to find out my mistakes.
My winners can be very big compared to my losses, I just have to find out where I am making mistakes.

Today was a stressful day indeed.Just remember when there are days like RBI credit policy like today, they will be very volatile.

Only thing we can do is keep size low and stop loss and targets very well defined.