Trading diary : Trying to become crorepati.

[Dev Mookerji]

When some of your strategies goes wrong continuously, its better to stop trading. I did the same.

Since end Feb 09. I stopped trading.

Again restarted through this thread. But because of shaky confidence, I could not take future positions, in Moserbaer or All Bank, though I gained descent money in equities on these scrips.

Some times, continuous gain, makes people overconfident. And here starts the demise of his trading career.......

Its better for one who rectifies his mistakes as soon as possible.....

 

[Dev Mookerji]

short in Hindalco, 1 lot.

It could not open as expected. Exited at cost.

No open positions now.

 

[Dev Mookerji]

Strategy changed.

Henceforth I shall update my derivatives trades here.

My equity trades I shall uptade in this thread :-

http://www.traderji.com/position-tr...lio-aam-admi-starting-10000-_.html#post301875

dev mookerji

 

[Dev Mookerji]

So far investment is 350000/- for derivatives account. 50000/- for commodity account.

Taken few positions in derivatives, Details & earlier profits etc shall update in holidays.

 

[Dev Mookerji]

Currrent derivatives Margin = 158285 + 15000+ 3250-6250 = 170285/-

So far profit in derivatives 20285/-

So net margin = 350000 + 20285 = 3520285

 

[Dev Mookerji]

Mosearbaer qty 200 bought @ an average of 49.
Gu Alkalies qty 200 bought @ an average of 61.
Allahabad bank qty 250 bought @ 40.25
Bought Indiabulls in Cash 200 qty @ 97.25

Profit in equities :-

Moserbaer - 3200
Guj Alkalies- 2800
All Bank - 3000
Indiabulls - 4000
___________________
Total profit - 13000/-

 

[Dev Mookerji]

So far profit in derivatives 20285/-

So net margin = 350000 + 20285 = 3520285

Profit in equities :-

Moserbaer - 3200
Guj Alkalies- 2800
All Bank - 3000
Indiabulls - 4000
___________________
Total profit - 13000/-

Total profit - 20285 + 13000 = 33285/-

Current Margin - 350000 + 33285 =383285/-

 

[Dev Mookerji]

On friday positions taken :-

One lot Grasim May series long @ 1730.

One lot Nifty Mini long @ May series long @ 3460. I am planning to SIP Mini Nifty.

 

[Dev Mookerji]

Bought Mcdowell futures 1 lot @ 752 (May series)

 

[Dev Mookerji]

Exited Mcdowell & short in Hindalco & Unitech