Tuesday, September 25, 2012
Saturday, September 15, 2012
Friday, September 7, 2012
Thursday, August 30, 2012
Trading Journal Update -Sep 3, 2012
I am starting fresh sample size trading from Sep 01 ,2012 Onward.
Net Profit from previous sample size of 12 trades => 82410
Objectives of my site is to generate return of 25-30 k per month from simple trading rules.
What I did Right ?
1.I have become consistent in determining risk : reward of the trade
2.I executed all the trade which was trapped by my trading plan .
3.Stoploss point have improved , 90 % time correct
4.Trade Execution and management was alright
What I did Wrong ?
1. I have to be more consistent with my risk planner document .I should never put the trade where risk is not per risk planner .I violate the rule for 4th-June -2012 trade.If trade would have gone against me ,then loss of 8000/- . This would have been huge loss.
2.If all of my trade would have gone against me , I would have made a loss of 48410
3.I would never trade with 4 lot any more , max lot size is 2 lot only on single trade.
4.I have to find more low risk trading opportunity with high profit potential.
Analysis
1.Most of my profit came from single trade (4th June 2012)
2.Following Risk Journal and Risk Planner is must
3.I have to find more low risk trading opportunity with high profit potential. only 12 trade was executed . However I had capacity to execute 30 trades
4.I am on track to make 300 points on average per month.
5.I would be Journalizing all missed trading opportunity , so that i can improve
6.Trade identification Journalizing is must.
Thursday, August 23, 2012
Saturday, August 18, 2012
Tuesday, August 14, 2012
Friday, August 10, 2012
Friday, August 3, 2012
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