Inspired by Raynor's thread of 200 points pa in Nifty

rh6996

Well-Known Member
#74
Bought 30 Bharat Forge @ 728/- Total toay 50 buy ! Holding previous 50!
Trading started from 27th June
Position 19th July 2016 EOD :
Capital : 2L
Profit b/f ~14400/-+ ~Add gain for the day: 300 in Ceat and 400 in Colpal =700. Total =15100
Holding:
50 Bharat Forge @ 748
50 Bharat Forge @ 727.50
100 DHFL @ 217.00
 

rh6996

Well-Known Member
#75
Bought 30 Bharat Forge @ 728/- Total toay 50 buy ! Holding previous 50!
Trading started from 27th June
Position 19th July 2016 EOD :
Capital : 2L
Profit b/f ~14400/-+ ~Add gain for the day: 300 in Ceat and 400 in Colpal =700. Total =15100
Holding:
50 Bharat Forge @ 748
50 Bharat Forge @ 727.50
100 DHFL @ 217.00
Sold 50 Bharat Forge @ 735.55
 

gkpc

Well-Known Member
#76
What is your target to achieve here? What profits are you looking at on annuual basis, monthly basis, weekly or daily basis!
 

rh6996

Well-Known Member
#77
What is your target to achieve here? What profits are you looking at on annuual basis, monthly basis, weekly or daily basis!
This was in my mind when I started this thread and as the title suggests I was indeed encouraged by Raynor. This was my calculation:
Approx total margine for 75 Nifty (1 lot)= 50000/-
If 200 points is achieved we Net a gain of : 75*200=15000
This amounts to 30% return.
I have kept a corpus of Rs.200000/- To get 30% min. return on it I need to make a profit of 200000*30% = Rs.60000/- i.e Rs.5000 per month and with avg 20 trading session per month it comes to 5000/20=Rs.250 per day!
SO
My minimum target (Net) on Day basis is Rs.250.00 , weekly min. 1250/- Monthly and annual already mentioned.
If I am able to do it consistently for 6 months, I will infuse the profits generated and some more capital. Shall review every 6 months and hope to increase my capital to max Rs.25L in a few years. I strongly feel that generating returns on small capital is easier than on bigger amounts as the mental pressure and greed and fear become more prominent and affects the out come. Though I also feel that with the discipline I might gather during my slow increase in my capital involvement may help me over come greed fear and other negative aspects and help me maintain discipline.
With market favouring me in initial stages has boosted my morale and the returns on % basis are spectacular when comapred to what I was set to achieve!
With todays profit in Bharat forge, my Capital of two lakhs has swelled by Rs.15500/- a gain in last 30 days! In % terms this is ~>80% ! :D
Though I am not getting carried away. Keeping myself focused.
 

gkpc

Well-Known Member
#78
This was in my mind when I started this thread and as the title suggests I was indeed encouraged by Raynor. This was my calculation:
Approx total margine for 75 Nifty (1 lot)= 50000/-
If 200 points is achieved we Net a gain of : 75*200=15000
This amounts to 30% return.
I have kept a corpus of Rs.200000/- To get 30% min. return on it I need to make a profit of 200000*30% = Rs.60000/- i.e Rs.5000 per month and with avg 20 trading session per month it comes to 5000/20=Rs.250 per day!
SO
My minimum target (Net) on Day basis is Rs.250.00 , weekly min. 1250/- Monthly and annual already mentioned.
If I am able to do it consistently for 6 months, I will infuse the profits generated and some more capital. Shall review every 6 months and hope to increase my capital to max Rs.25L in a few years. I strongly feel that generating returns on small capital is easier than on bigger amounts as the mental pressure and greed and fear become more prominent and affects the out come. Though I also feel that with the discipline I might gather during my slow increase in my capital involvement may help me over come greed fear and other negative aspects and help me maintain discipline.
With market favouring me in initial stages has boosted my morale and the returns on % basis are spectacular when comapred to what I was set to achieve!
With todays profit in Bharat forge, my Capital of two lakhs has swelled by Rs.15500/- a gain in last 30 days! In % terms this is ~>80% ! :D
Though I am not getting carried away. Keeping myself focused.
RH, This is tremendous..... this explains the power of RR and MM and how small drops can form a bucket!
 

Similar threads