Trading with a sting

[Scorpion King]

You sure had one good teacher. Also since you mentioned that this is your risk money which actually removes most of the emotional content out of your system and gives you free mind to trade. Pretty impressive.

Also, who is feed provider? My chart and your's are different. The candles look much clear and form a better pattern for trendlines in your's.

I am little less technical, and I have little knowledge on this. My friend had setup all the necessary software on my laptop. I only know its some excel plugin.

 

[Scorpion King]

Starting Capital = 20,400.00
Current Capital = 21,160.00 (rounded)

Today will be tracking TATAMOTORS, HINDALCO, TATASTEEL and BANKBARODA

 

[Scorpion King]

First you start your NOW terminal then the excel file which in turn feeds amibroker with data? That is josh's utility. Thanks for the info.

I asked him on this. He told he does not know anything about Josh Utility. But its some DDE excel plugin for fetching data.

 

[Scorpion King]

Short on BANKBARODA with 15 shares at 638.3, Stop loss = 645, Bought 5 at 630. Holding 10 now with a stop loss at 640.75.

Short on TATAMOTORS with 30 shares at 393. Stop loss at 396. Will book 10 shares profit near 391

 

[Scorpion King]

Short on TATAMOTORS with 30 shares at 393. Stop loss at 396. Will book 10 shares profit near 391

Exited 10 shaares at 392.3 as its finding little support near 392 - 391. Now holding 20 shorts with a stop loss at 396

 

[Scorpion King]

Short on BANKBARODA with 15 shares at 638.3, Stop loss = 645, Bought 5 at 630. Holding 10 now with a stop loss at 640.75.

Bought 5 more at 628, Now holding 5 shorts with a trailing stop at 634

 

[Scorpion King]

Short on TATAMOTORS with 30 shares at 393. Stop loss at 396. Will book 10 shares profit near 391

Exited 10 shaares at 392.3 as its finding little support near 392 - 391. Now holding 20 shorts with a stop loss at 396

Exited the rest of TATAMOTORS shares at 394.5.

 

[Scorpion King]

Short on BANKBARODA with 15 shares at 638.3, Stop loss = 645, Bought 5 at 630. Holding 10 now with a stop loss at 640.75.

Bought 5 more at 628, Now holding 5 shorts with a trailing stop at 634

Exited the rest at 632.5. Now no position at hand.

 

[Scorpion King]

I did only 3 trades today. Almost all the stocks in my watch were range bound today with no proper buy/sell setup. Traded only TATAMOTORS and BANKBARODA

BANKBARODA

Shorted 15 shares at 638.3. Avg buying price was 630.16. Net gain = 122 rupees

TATAMOTORS

Shorted TATAMOTORS below opening bar, Shorted 30 shares at 393. Avg Exit price = 393.77. Loss of 23 rupees

Then TATAMOTORS had little bounce, but it started facing resistance below previous close. Shorted again at 393.5, Avg exit = 389.83. Net profit = 110 rupees.

Did 3 trades, 1 in loss, and 2 in profit. Total profit = 209 rupees.

 

[Scorpion King]

Starting Capital = 20400.00
Current Capital = 21350.00

Today will be tracking TATAMOTORS, TATASTEEL, DLF, SBIN. Expecting actions in TATAMOTORS and SBIN.