TARGET 100% PROFIT from 50k CAPITAL in a MONTH--TRADING DIARY CONTINUED

[sach007]

Today was the BAD day for me.... need to sit ..SILENTLY and think what are my mistakes..

 

[shreeux]

Today was the BAD day for me.... need to sit ..SILENTLY and think what are my mistakes..

What are the parameters to check for order place...?

 

[kiran_thiru]

Today was the BAD day for me.... need to sit ..SILENTLY and think what are my mistakes..

bhai today nifty is in small range until 12.00. after clear down trend.
i am also booked loss in range and closed my trades for today. after market was clear. but i stick to my rule to not trading.

any way better luck for tomorrow.

 

[sach007]

What are the parameters to check for order place...?

Shree,

I don't understand what you want to say. Can you pls explain a little?



Sach

 

[sach007]

Today's Trades:-

Trade 1 Loss Of 850

Trade 2 Profit Of 1900

Trade 3 Loss Of 1200

Trade 4 Loss Of 700

Loss In Todays trades Rs 850/-

22 Trades 12 Success-- 10 Fail ---
Capital Now:-

65846.25 -850 - 900 = 64096.25 (Net Profit after deducting brokerage and Taxes.)

Percentage Gain:-

Till Now 28.19% GAIN...

My Target is 100%.

Will achieve it.



Today was bad day for my trades.... but I have to learn from my each trade where it went wrong? etc...

Need to rectify the mistakes.

I will do it and make it.

Thanks Kiran for your Support.

 

[shreeux]

Shree,

I don't understand what you want to say. Can you pls explain a little?



Sach

How to predict buy or sell.....or did you have any checklist....or did you use any Software (or) Chart use levels....to place order...

or

Any websites or calls received...to place order...

 

[sach007]

Shree,

Everybody is having different rules for their entries and exits(STOP and PROFIT TAKE). It is nothing but their trading Strategy.

I do have some rules for Entry and Exits.

I do not use any software for buy or sell. I just go by Price charts (only candles .. no indicators and no moving avg also)

I am still learning and trying to improve my mistakes.

In my reply on 19th November 2013, 08:27 PM to you I have told you first you need a trading system. Everybody can have his own trading system depending on what suits himself.

Somebody suits INDICATOR Based system, some use MAs in their trading system.

You can explore your own.

Thanks and Regards
Sach

 

[shreeux]

Shree,

Everybody is having different rules for their entries and exits(STOP and PROFIT TAKE). It is nothing but their trading Strategy.

I do have some rules for Entry and Exits.

I do not use any software for buy or sell. I just go by Price charts (only candles .. no indicators and no moving avg also)

I am still learning and trying to improve my mistakes.

In my reply on 19th November 2013, 08:27 PM to you I have told you first you need a trading system. Everybody can have his own trading system depending on what suits himself.

Somebody suits INDICATOR Based system, some use MAs in their trading system.

You can explore your own.

Thanks and Regards
Sach

That why i am asking which price chart did you use....

 

[sach007]

For Intraday use 3MIN Price Chart and 1 Min Chart for Finetuning Entries and Exit.

and For Positional Trading I use Hourly and Finetuning with 5 Min Chart.

 

[shreeux]

For Intraday use 3MIN Price Chart and 1 Min Chart for Finetuning Entries and Exit.

and For Positional Trading I use Hourly and Finetuning with 5 Min Chart.

ok, where you get that....did you know technical analysis...