Manoj's Trading Diary

[manojborle]

 

[aditya14]

best of luck daytrading is a zero sum game though

 

[TraderRavi]

8 lots of NF are a bit more for a 100k account , is not it ? sud be 2-3-4 lot max IMO.....

 

[Mavala]

8 lots of NF are a bit more for a 100k account , is not it ? sud be 2-3-4 lot max IMO.....

Agree, For 100 K one should not be trading more than 2 lots and its kind of stretched for intra trendtrader. Even 10 point SL put risk @ 2 % which is on higher side unless and until one is very successful trader and making money consistently.

 

[manojborle]

That's why I have decided to reduce my position size and first I will go through with equity trades and then come back to NF again

 

[manojborle]

bought ONGC 955@ 316.4, SL 315.3, target 318.25

 

[manojborle]

bought ONGC 955@ 316.4, SL 315.3, target 318.25

Sold 955 @ 317.6

 

[manojborle]

Sold 955 @ 317.6

Once again exited early, didn't follow the rule of booking 50 % profit

 

[manojborle]

Once again exited early, didn't follow the rule of booking 50 % profit

Once again good entry and bad exit

 

[manojborle]

Once again good entry and bad exit

now my trailing stop could have been 319.55 and I exited all @ 317.6