My Day Trading Dairy.

[imfine]

Good morning all,

Todays trade

Sold Bajajfinserv @ 5405.05
buy target at 5364.45 Target met profit Rs.40.00

Sold sunpharma @ 511.05
buy target @507.30

Sold CadilaHC @ 395.20
buy target @ 390.70

will update with closing trades.

 

[imfine]

Good morning all,

Todays trade

Sold Bajajfinserv @ 5405.05
buy target at 5364.45 Target met profit Rs.40.00

Sold sunpharma @ 511.05
buy target @507.30 Target met profit Rs. 3.75

Sold CadilaHC @ 395.20
buy target @ 390.70 Target met profit Rs.4.50

will update with closing trades.

All targets met.

http://imgur.com/a/aogeV

 

[imfine]

Alternatively, you could tweak the SL and target. Maybe SL as a factor of ATR (0.5 x ATR etc.)

View attachment 24617

Hi,

I tried early to work with SL and TGT but the whole maths at the end will get effected. I work simply on to have same SL and TGT. Either accept loss or take profit.

By the way how ATR can be used ?

 

[imfine]

Define Max risk per day.Say not risk more than 10% of total capital per day.
Define Max risk per Trade.Not risk more than 3% of total capital per trade.
Based on your risk rules decide the QTY than having standard QTY trade size.

Hi,

Today I changed the qty of my trades as per their range and scrip value.

 

[imfine]

@imfine Stick to what you are doing. Do not change or tweak it. Believe me you are doing well and I enjoy reading your posts. Not my money, but I feel nice!

thanks.

 

[imfine]

good morning all

The market has already open gap up and today is RBI policy day also.

Waiting for good signal as have got only few share to trade in.

 

[imfine]

today trade

sold hindunilvr at 1368.4
buy tgt at 1364.90

 

[imfine]

today trade

sold hindunilvr at 1368.4
buy tgt at 1364.90

Target met. ! made low of 1362.70. !

not able to post pic as imgur not responding.

 

[timepass]

Target met. ! made low of 1362.70. !

not able to post pic as imgur not responding.

You can copy paste the image directly in the "post reply" box here.

 

[imfine]

As started with 5k capital just to test Startegy. The overall March month generated approx 42% on capital. and doubled the initial capital.