Augubhai's diary and notes

[augubhai]

exited jsw at 702, nifty at 5248

frustrated at not taking profits on jsw. most of my entries go into profit, but I do not take them since my intention is to SAR. Looking for big wins, instead of small profits, to avoid costs and slippage.
Time to change trading style for jsw, i guess. Will decide next week.

nilu system trades:
shorted NF at 5246, long 5300 Call at 41.5

 

[healthraj]

exited jsw at 702, nifty at 5248

frustrated at not taking profits on jsw. most of my entries go into profit, but I do not take them since my intention is to SAR. Looking for big wins, instead of small profits, to avoid costs and slippage.
Time to change trading style for jsw, i guess. Will decide next week.

nilu system trades:
shorted NF at 5246, long 5300 Call at 41.5

Augubhai, What is this Nilu system?

 

[augubhai]

Augubhai, What is this Nilu system?

Link to Nilu's system. http://www.traderji.com/advanced-tr...lac-turns-into-22-lac-1-yr-2-mths-6-days.html

 

[augubhai]

long nifty at 5271

 

[augubhai]

Just getting gyan looking at the charts. Pathetic rangebound day so far. No trades on jsw yet. Need some movement.

My Nilu system shorts are still open. SL is at 5282.6.

 

[augubhai]

short jsw at 693.5

 

[augubhai]

short nifty at 5239

 

[augubhai]

long jsw at 697

 

[augubhai]

Bad day today (got used to saying this everyday)
Exited nifty at 5239, jsw at 692. Nilu system shorts still open.

tried to restrain myself on jsw today.
Result: Missed a good breakdown that was there for the taking, and then took 2 bad trades. Am getting better and better at buying tops and selling bottoms

 

[krishmk]

Augubhai, JSW is eating up your profits almost everyday. Changing the strategy from long to short and vice versa is a bad strategy especially when your trades are ending up in losses.

You seem to be doing well in Nifty trading why dont you try to concentrate on it and make more money out of it.

Just my 2 cents...