Today's trades
Range Breakout - Nifty
short 5131, exit 5162 = -31
long 5162, exit 5138 = -24
short 5126, exit 5130 = -4
Total: -59 -brokerage (3 trades)
(worst result of July)
Nilu EOD trades - Nifty
No change today. Short still on
Acoustic System - Banknifty
long 10371, exit 10366 = -5
short 10343, exit 10363 = -20
short 10361, exit 10376 = -15
short 10376, exit 10390 = -14
short 10394, exit 10406 = -12 (lesson 1 - should have avoided shorts when the trend was up)
long 10402, exit 10415 = +13 (lesson 2 - should have trailed stops better)
long 10431, exit 10420 = -11
short 10406, exit 10425 = -19
short 10398, exit 10359 = +39
short 10331, exit 10320 = +11
short 10287, exit 10290 = -3
short 10274, exit 10265 = +9
long 10275, exit 10280 = +5
short 10267, exit 10201 = +66 (the 2 lessons from above helped here)
short 10170, exit 10190 = -20
long 10219, short 10199 = -20
short 10176, exit 10180 = -4
long 10193, exit 10215 = +22
Total: +22 -brokerage (18 trades)
My brokerage for bnf is about 5 points per trades. So today lost double of what i gained yesterday. anyways, learnt some lessons. will decide whether to trade the same next week. one lesson that i don't seem to have learnt is about avoiding close SL's. I think that the close SL's were what prevented a bigger disaster.