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22 March Nifty options trading

Thought I thought of taking break from trading after I lost half my capital I strongly felt that, if I follow th rules I would have high positive trades. So I have redeem my fd 15000rs to put in trading, hopefully I won't loos my money. Today Trade: NIFTY MAR 14700 PE         buy: 160         Sell: 163.2 Have hit the target under 30 seconds, happy to make 240rs profit( before brokerage and taxes) following all rules , I even did not trade further. Hopefully I maintain the same temper in next trading sessions.
Recent posts

18 March Nifty Trading

Today I lost most of my capital. Trade 1:  Nifty 18 mar 14850 CE             buy: 45.85             sell: 46.91 Success trade with all rules. Trade 2:  Nifty 18 mar 14850 CE             buy: 46             sell: 47.99 Another success trade with all rules. Trade 3:  Nifty 18 mar 14850 CE             buy: 49             sell: 26 Now greed took over me for more profit I kept target at 52 willing, I reached upto 51 and went down side. I was waiting for the price to rebound , didn't even use stop loss, saw loss 3k--5k---8k---10k---at booked at 16k loss.. Now this was not enough I thought of making up for the loss and went further into trading with remaining 20k Trade 4:  Nifty 18 mar 14800 PE             buy: 41.98             sell: 43....

17 March Nifty Trading

 Yesterday I had a very peaceful trade, today I wanted have the same peace so I have decided to follow Rules today as well.. Trade 1:  Nifty 18 MAR WEEKLY  14900 PE             buy: 90             Sell: 94 Yes I broke a rule in the first trade, I felt I'm gonna miss the profit seeing the market movement, but before I closed the deal at 94, I price went both ways and so finally kept buy order at 94 which got executed in 4 mins. 4 mins may look less on paper, but it feels really long during trade.. got a profit of 1200 in single trade and told my self stop trading for today and be happy with the profit. Trade 2: Nifty 18 MAR WEEKLY 14900 PE             buy: 62             Sell: 63.25 After first trade at 9.48 a.m, I almost convinced my self not to trade, but the profit always calls you back. I went back to trading at 1 p.m This time I kept the 2% tar...

16 March Trade setup

 Script I traded today: Nifty 18 MAR WEEKLY 14950 PE After yesterday's last trade I firmly fixated at my rules. Trade 1: 14950 PE - Buy 96.50                   - Sell 98.50 It's a happy one minute trade, with target sell and stoploss. Trade 2: 14950 PE - Buy 71                   - Sell 72.45 This is also a happy 1 half minute trade with target Sell and stoploss. What I have learnt today: Following the rules , I hit target twice both within a minute. Had peace of mind whole day. Hopefully I will continue to do the same in next trading days.. Today's profit before brokerage and taxes: 1252

What I did buy with my 1st Intraday trading profit?

 How much was my profit? Before brokerage and taxes:  5058 After brokerage and taxes:  3839 Leaving 10% for income tax: 3455 What have I ordered? I have ordered OnePlus z wireless bullets . Oppo enco m31 comes at same price with 1. Better bass 2. Better vocals 3. Extra comfortable ear buds But I have chosen OnePlus z bullets because 1. Battery life 11-12 hours vs 6-7 hours with oppo 2. Easy switching between devices with double tap (wishfully I may make enough money to buy more gadgets) 3. Low latency mode that work with OnePlus phones, hoping to buy one if possible. There is a bass edition of this OnePlus z bullets but I didn't find any mainstream youtuber comparing these two, so taking safe turn I opted of non bass edition. Update:  Don't know why my order got cancelled, this time I preferred OnePlus bass edition earphones after watch more YouTube videos. 1. Mic quality is louder than OnePlus z bullets 2. Bass is better than OnePlus z bullets 3. Battery capacity ...

15th March 2021 Trading

Nifty Future options I traded: Nifty 18th MAR weekly 14900 PE Nifty 18th MAR weekly 14800 CE Nifty 18th MAR weekly 14900CE Before starting to trade I made my mind to strictly follow the rules I made yesterday... Strangely I did not follow even one rule... Trade 1: beginners luck 14900 PE - buy at 185                  - sell at 196.6 Forgot to keep both stop loss and target Sometimes forgetting target helps profit booking Trade 2: beginners greed 14900 PE - buy at 188.63                  - sell at 164.4 Trade 1 encouraged me not to have stop loss and target, which made me regret after Trade 2. Trade 3: silly forgetfulness 14900 PE - buy at 164.88                  - sell at 168 Though I firmly motivated after Trade 2 to keep stop loss and target, still I forgot to keep both of them.. I realised this immediately after buy , I opened my calculator and calcul...

The Start...

I am a newbie trader who is about to try my luck in Trading. What they said: Trading is a risky business, try investing long term you may succeed. What background do I have: I'm a science student with no background of finances at all. Why I want to trade: Obviously, to make money faster. Every one would advise me concentrate on studies, you ll make lot more money in course of your career. Yeah sure I may make money but will never make that fast so I can enjoy that wealth while I stand on my feet. What do I expect from trading: I have a capital of 30k INR which I want to turn into 3 crore in 15 years of time and retire. (p.s: I feel at rate of 2 percent interest per annum, 3 crore will fetch 50000 which is more than enough to lead a middle class life) Sorry for above statement, but the statement is just not impossible but illogical.... I wish that can happen but coming to reality, I wanted to make Target of few gadgets and items I want to buy out of my trade profit. Hope I'll be...