My EOD Stock trades......updated regularly

What kind of stock market returns p.a. would you be happy with on a consistent basis?

  • 12-20% (Beating Fixed Deposits & Inflation)

    Votes: 3 7.5%

  • 20-30%

    Votes: 11 27.5%

  • 30-40%

    Votes: 6 15.0%

  • 40-50%

    Votes: 1 2.5%

  • 50%+

    Votes: 14 35.0%

  • Whatever the market gives (Negative to 0 to 100%+)

    Votes: 5 12.5%
  • Total voters
    40
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N

Nifty Trader

Well-Known Member
#32
#32
sanjosedesi said:
From what I see, and as standard operating procedure, you are moving stop loss only one way and never reversing, right?
Click to expand...
Yes, you are right. The initial SL will always remain at the same level. No lowering your stops when the trade starts going against you (when your trade is proved wrong by the market). Stops are trailed only when your position starts moving into profit (when your trade is proved right by the market). Also, the stops are dictated by a system that I am following so I have no discretion there :)
 
N

Nifty Trader

Well-Known Member
#39
#39
Update:

Sharon Bio bought @ 329. Trailing SL below 349. CMP - 364
Kajaria Ceramics bought @ 143.5. Trailing SL below 142.2. CMP - 167.25
Ajanta Pharma bought @ 436.45. Trailing SL below 433.9. CMP - 457.45
Shorted Essar Oil today @ 55, SL above 59.4. CMP - 54.05

An interesting thing happened today. The Nifty was weak throughout the day & ended down by 1.28%. My longs had the following performance:
Sharon Bio - +0.29%
Kajaria Ceramics - +6.53%
Ajanta Pharma - 0% (flat)
My short entered today (Essar Oil) ended down by 1.73%

Basically, all stocks outperformed the Nifty. Of course, this is academic as a trader is concerned with his profit & loss when positions are closed. But the point is that if you trade strong stocks (could be longs or shorts) you are likely to get much higher returns than trading the index. Remember, the index rarely falls 20% in 1 week but stocks regularly give those returns on the upside & downside. Happy trading :)
 
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