Manoj's Trading Diary

[amitrandive]

Price Gapped through my stop loss and could not take loss and made a mistake of adding again @ 7570.
Now Hoping that it will go up again at least to touch ema where I can exit.

Better if you post charts for the entire day's trades at EOD.Helps in analysis

 

[manojborle]

NOTE: IMPULSIVE TRADES, NOT STICKING TO STOP LOSSES, EXITING FROM A VERY GOOD TRADE WITHOUT ANY REVERSAL SIGNAL.

 

[manojborle]

HI AMIT
THESE ARE TODAY'S TRADES WITH MARKED ENTRIES AND EXIT.
PLEASE HELP ME IN ANALYZING THEM.

THANKS

 

[Trader_PK]

Never ever ever ever add into your loosing position

 

[RAAMAKANT]

Price Gapped through my stop loss and could not take loss and made a mistake of adding again @ 7570.
Now Hoping that it will go up again at least to touch ema where I can exit.

I think it's 2nd or 3rd time recently that your S/L has not triggered. May I ask how many points difference you put between limit and trigger price ?

 

[manojborle]

I think it's 2nd or 3rd time recently that your S/L has not triggered. May I ask how many points difference you put between limit and trigger price ?

I am keeping 1 point difference

 

[RAAMAKANT]

I am keeping 1 point difference

Then it's sure recipe for spoiling the dish.
I am not expert but from my experience I can say there should be minimum 3/6 point difference for NF/BNF respectively. Loosing extra 3-4 points will be much more profitable than jumping the S/L Trigger in long run.

All the best for future trades.... :thumb:

 

[TraderRavi]

I am keeping 1 point difference

keep atleast 10 point difference in NF and 20-30 in BNF.

 

[RAAMAKANT]

keep atleast 10 point difference in NF and 20-30 in BNF.

Kyon daraa rahe ho ? :lol:

 

[nirav_j]

Hello guys, I primarily trade Nifty using CO order type.
My Stops get run often, however the fill is always @ or very near the limit price I specify in the mandatory SL box.

Never once has my SL got not got triggered/filled.

I'd like to ask yall, what exactly is the benefit in keeping trigger and limit price for the same SL order ?