My Nifty/Mini-Nifty Positional trade logs

[summasumma]

All stochastics went down...
2111/811 back in OS zone again.

The parent 3291 is almost there in OS zone. Should enter OS if there is a down move tomorrow also.
As mentioned yesterday, ADDed a short after the break of 5900 level today.
1st Target 5855.., breaking 5835 should target 5775
Looks like i have exited the earlier lot in the pivot high ..but no worries its @ cost.
NF in discount now after a long time

Open Position:
--------------
Entered Short @ 6040
ADD short @ 5900
So holding 2 lot short @ 5970
cmp: 5900

P/L status:
-----------
-20+80+142-8-90 = +104

 

[summasumma]

Parents and child went down.
2111/811 came up today with 811 out of OS zone. As long as both are not outside, we dont see any issue.

3291 didn't enter OS zone. hopefully will do it if monday closes in red again.
Today's low was 5858 and i have put the exit order(buy) for 1 lot @ 5855 which didn't trigger.

Lets see if NF hits the target 5855 on monday or not...

Happy weekend! :clap:

Open Position:
--------------
Entered Short @ 6040
ADD short @ 5900
So holding 2 lot short @ 5970
cmp: 5892

P/L status:
-----------
-20+80+142-8-90 = +104

 

[summasumma]

So nifty decided to trade above 5900 firmly today.

Parents went down and child went up very little within OS zone...
2111/811 came up today with 811 out of OS zone. As long as both are not outside, we dont see any issue.

3291 didn't enter OS zone till now. It might happen tomorrow if NF goes down.

From the image, if nifty cross today's high it might reach 5945(green line) and breaking that should see 5990 strong resistance area. Else 5855 target is still intact for which im holding the position till now.

Open Position:
--------------
Entered Short @ 6040
ADD short @ 5900
So holding 2 lot short @ 5970
cmp: 5904

P/L status:
-----------
-20+80+142-8-90 = +104

 

[summasumma]

What a reversal...
All stochs went up expect 3291 which entered OS zone of no use....
Child and 2111/811 outside OS now and climbing. There is a gap between 2111 and 811 today giving a glimpse of rangebound market. This can be confirmed tomorrow to see if 2111 is getting pulled up further or not(means, to see if nifty going up again tomorrow also)....

Kind of anti-climax for the positions.
Exited 1 lot @ 5955 towards EOD and holding the other lot. Will sell the other lot if market opens in gap-up.

From the image, you can see nifty broke the RED resistance line and straight away went on and touch the next GREEN resistance line...
If nifty breaks this GREEN line also we can see more up moves else a rangebound market again.

Open Position:
--------------
Entered Short @ 6040
ADD short @ 5900
So holding 2 lot short @ 5970
Exited 1 lot @ 5955 today

Holding the other lot @ 5970
cmp: 5954

P/L status:
-----------
-20+80+142-8-90+15 = +119

 

[summasumma]

Exited that 1 short @ 5970 today. This become no proit/loss trade. Last week was in a position to square for 160+ points. But screwed up by adding another lot and exiting in wrong-time during small swing up etc... Lets try to avoid these things in the next trade.

All stochs went up...Child and 2111/811 went up and infact 811 is in OB zone now.
Entered 1 Lot long @ 5965

Open Position:
--------------
Exited 1 short @ 5970 (@cost)
Entered 1 Long @ 5965
cmp: 5963

P/L status:
-----------
-20+80+142-8-90+15 = +119

 

[timepass]

Maybe you need to define some exit rules as per the movement of the child e.g. the 315 strategy has a rule of exiting of 3ema moves in the OTHER direction for 2 days consecutively.

 

[soft_trader]

@summa:

in the screen shot you wrote "entered long 6065"
Correct it

 

[summasumma]

Another poor entry.... Made a wrong entry with a big gap between 2111/811.
Made the SAMEEE mistake in 11th jan entry for a short position, lost 90 points as you see the image.
Going against the rule and paid 60 points for it Keep my eyes open next time
Atleast i exited the position in the morning in panic :sos:... otherwise if i should have waited till EOD there will be more loss.

Today obviously all stochs went down... 2111/811 both back in OS zone...
Lets see if child takes support at parents (generally it does) and make the entry accordingly....

Open Position:
--------------
Entered 1 Long @ 5965
Exited 1 Long @ 5905
Loss: -60

No position.

P/L status:
-----------
-20+80+142-8-90+15-60 = +59

 

[Option.Trader]

Another poor entry.... Made a wrong entry with a big gap between 2111/811.
Made the SAMEEE mistake in 11th jan entry for a short position, lost 90 points as you see the image.
Going against the rule and paid 60 points for it

As you go along and realize the rules.. could you update the same at a common location... usually members reserve the first 10 posts to update the rules.. that could help in better formulating the rules of trade...only issue is the rule should hold for all retrospective trades also

 

[summasumma]

Maybe you need to define some exit rules as per the movement of the child e.g. the 315 strategy has a rule of exiting of 3ema moves in the OTHER direction for 2 days consecutively.

Yes, atleast for nextime im planning to exit once i get >100 points first.
the exit rule like 2 day opposite move is here also... but it happened at the peak of swing high in last entry.
i feel entering in multiple lots will will help a lot. In that way, the 1st lot can be booked after good profit(which i didn't do in the last trade) and hold the other one till the condition is favorable taking the risk.