Thursday, 27 April 2017

Nifty Future 27042017

It opened within yesterday's range and remained rangebound.  In afternoon it seemed like it was going to break PDH.  Attempted that trade as marked but unfortunately it did not work.  No other trades.

Wednesday, 26 April 2017

Nifty Future 26042017

It opened at PDH/BRN and started moving up without giving us a setup to go long.  After that it started consolidating and gave BOF of Range Low. It moved nicely to Range High.  Toward the fag end, it made an attempt to break PDH/BRN and failed.  Hesitated and missed the up move.

As you might be aware, I have been trading stocks in the morning session for quite some time now.  Few traders decided to join me to trade with me at the beginning of this month and they traded with me in cash stocks and stock futures.  The performance of stock trading has been fantastic. A trader thanked and confessed to me this was the first profitable month of trading in his 10 years of trading career.

Month of May has been historically very volatile month.  As a trader, what we only want is lot of volatility, and I am sure it will provide lot of good trade opportunities.  If you are ready to spare just one or two hours in the morning, you can join me to trade with me in cash stocks or stock futures.

Let's trade together and benefit most out of it. You have only few days left of the current month to make the decision.

Click here for the April month performance sheet.  I have also provided there snapshots of last couple of weeks of Telegram messages to give you an idea how convenient it is for you to trade with me.

Tuesday, 25 April 2017

Nifty Future 25042017

It opened above PDH and after remaining rangebound it broke out and presented a nice BPB setup.  It moved some.  In the afternoon DO/range high acted as a flip and gave another setup to go long.  It just missed the BRN target.

Friday, 21 April 2017

Nifty Future 21042017

It opened full gap up but there was no follow through.  This was the first sign of weakness.  After that traded in a very narrow range below PDH for a long time. Second sign of weakness.  Made an attempt to reverse but failed.  Another sign of weakness. Then broke out below the range which confirmed the weakness and presented a BPB setup.  The trade moved very well. Towards the fag end it made multiple attempts to break BRN but failed.  Did not expect a V shape reversal at that time and hence avoided BOF of BRN.

Thursday, 20 April 2017

Nifty Future 20042017

It opened within previous day's range.  Attempted a BPB of PDH which did not work.  After that it formed a range envelope without giving any further setup to trade.

Wednesday, 19 April 2017

Nifty Future 19042017

After a big move yesterday, it was expected to remain range bound and it did exactly same.  The BO came very late and could not be traded.

Thursday, 13 April 2017

Wednesday, 12 April 2017

Nifty Future 12042017

There was no way to catch the rapid fall in morning.  After that it consolidated for some time.  Now here it presented a very good pressure play setup.  There was no hesitation at all to trade this powerful reversal pattern.  It moved as expected very well.

I have been trading stocks in morning hours with other traders.  They were prompted about the setups with targets and SL in advance.  They required to focus only on good trade execution.

Here I am sharing the results of stock trading this month so far.  Setups are easy to find and plenty, not much waiting for the targets and amazing results.

Total profit comes to Rs. 28285 for 1 lot of stock futures which is fantastic given only couple of hours of trading involved.

Monday, 10 April 2017

Nifty Future 10042017

It opened within previous day's range and formed a range high.  Taking the direct BO at range high was not a good setup so avoided it.  When this BO failed, attempted a short trade which reached the target of 9200.  

Friday, 7 April 2017

Nifty Future 07042017

Today again the gap down open was very tempting to go for the blind long trade.  After that prices remained range bound  There was a direct BO long entry possible above range high (blue line).  However, it was a mediocre kind of setup, hence avoided.  After filling the gap, it refused to move higher.  If buyers had enough strength, after filling the gap, we can expect prices to continue to move higher. Failure of this presented a nice BOF short trade as marked which moved exceedingly well.

Thursday, 6 April 2017

Nifty Future 06042017

The markets are so much bullish nowadays, trading at all time highs,  You might have noticed that since March 28th, every 30-40 points kind of dips or intraday pullbacks have been bought aggressively.  Now today, due to some overnight newsflow it opened gap down around 30 points just above PDL. It gave that opportunity to buy again today.  If we use our common sense in trading, it tells us to buy this 30 point dip.  Let me give you an example.  You want to buy an Iphone costing around 50K.  You have kept an eye on its price.  One fine day, they slash the price to lets say 40K. What would you do?  Wouldn't you just rush to the store to buy it? This is what professional traders do.

At the open, it is possible that the traders tried to buy this dip.  Some time later, it broke the initial low, failed, retested it and failed to move down.  This indicated lack of strength from the sellers.  Reading the price action like this would allow us to take a long as marked after the confirmation. It worked well. RBI announcement at 2:30 pm today was also another reason for the markets to not move in a direction before the event and remain range bound till that time.  If you expect it to remain in some sort of range, then why not buy around range low in an up trend.

After the announcement, there was no fireworks and it continued to remain range bound.

Wednesday, 5 April 2017

Nifty Future 05042017

I wanted to enter long on range lows but it did not give any setup for that.  It kept on moving in a channel formation throughout the day without giving a good setup to trade.

Monday, 3 April 2017

Nifty Future 03042017

It had a good possibility of today being a type 1 trend day in the morning.  It was further confirmed by reading the market breadth which is one of the market internals.  The difference between advancing and declining stocks was more than 600 in the first morning hour.  This indicated markets trading only in one direction throughout the day.  This is one of my recent observations.  Also stock trading in the morning gives the overall feel of markets and which side in control.

It opened above all time high level, pulled back a little, pullback found support at PDH and gap could only partially get filled.  This all indicated strength in the buyers.  Then it started creating a pressure at DO/HOD then, inviting us to go for a direct BO trade.  Once that got executed, it was just a game of waiting patiently till end of the day to book out close to highest point of the day.

Saturday, 1 April 2017

100% Working

I made a post in year 2013 soon after I started blogging.  Click here to read that post.  Unfortunately, this is the post which has been least appreciated by the readers.  I do not know the reason, but the fact is that the strategy has been working 100% since year 2003, since the start of derivatives trading in India. So if it has worked since its inception for last 13 years, cannot we expect it to work again and again?

Here is the monthly chart of Nifty demonstrating the same is working for last 4-5 years too.

You would notice that whenever the monthly Nifty candle is able to close above the January month high, the rest of the year it remains up or continues to go up.  In year 2013, it first made a false break of January month high, could not close above it but when it closed above it in October, rest of the year it remained higher. In year 2014 after giving a close above Jan month high in March 2014, it never tested that level. In year 2015, it could not give a close above Jan month high, so for rest of the year it remained lower. In year 2016, it was able to successfully close above Jan month high in May 2016 and after that went up significantly.  Now in year 2017, it has been able to close above Jan month high in February 2017, so for rest of the year we can expect Nifty to remain bullish and gain significantly.

How to benefit from this strategy?
It is simple. Whenever Nifty gives a monthly close above the January month high, we can get rest assured that for rest of year, it will go only in one direction and that is up.  We can buy good quality equity mutual funds at that time and hold on to them till November or December of that year at least and make good gains.  We can also buy the index ETFs like Nifty Bees. These are one of the safest ways to generate 10 to 12% kind of returns in very short time period. Last year someone could have bought Niftybees at end of May month around 820 and sold it around 910 in September.  In just 4 months it generated more than 10% of returns. This year, I would say still it is not late.  It is only couple of hundred points above the level of entry.  If someone has funds lying in banks generating 6-7%, he or she can deploy these funds in Niftybees or a good equity mutual fund and expect around 10-12 of gains or more.  If someone wants to wait for the correction, then let it pull back to around 8700 level or below 9000.

Peter Brandt, a legendary traders has set the targets like 10287 or 12000 for the Nifty.

Finally, this is also another way to generate some steady flow of income from the markets with almost negligible or least minimum risk. Buy when Nifty's monthly close is higher than January month high and exit with good gains in the same year.

Thursday, 30 March 2017

Nifty and Bank Nifty Future 30032017

Expiry day. It traded in the narrow range again today.  There were two good setups to go long as marked.  After the first setup, it looked like it was going to break the range high but it did not.  On second setup when it failed to break LOL of PDH/PDC/RN and LOD, had placed an order to buy but unfortunately it jumped my order so could not trade. In addition to the good setup, I knew for sure that time that it would first make a false move, trigger the SL orders and then towards 3 pm would make the final move and exactly it did the same.

I traded Bank Nifty also and here I was lucky.  It did not jump my order.  I bought 21500CE at 29 on break of 21520 and booked out at 110.

Stock Trading 30032017

Took 2 long trades.  Both moved in favor a lot.  Havells tested the patience a lot and started moving only after my exit, made the high of 474.30.  Indiabulls Real Estate was a jackpot trade, it has made the high of 86.6 till now, have not yet booked out completely, holding some quantity still in the hopes of making big profit by end of the day.

Havells Futures made the profit of 1900
Ibrealest Futures made the profit of 8500.  Total = Rs. 10,400.

If someone has enough funds and wants to trade in stock futures like this in the morning session only, can contact me.

Wednesday, 29 March 2017

Bank Nifty Future 29032017

Nifty has been trading in very narrow ranges of 30 odd points for last few days, not giving a good opportunity to trade.  On the other hand, Bank Nifty is moving at least more than what Nifty is moving, so traded today Bank Nifty today.

It was moving in a type 1 trend day fashion after the open, but had to wait for a very long time for proper entry setup.  There was a long trade possible at BOF of range low as marked.

Tuesday, 28 March 2017

Bank Nifty 28032017

Traded in Bank Nifty today.  Attempted a direct BO above range high as marked.  It moved in favor, but followup was not there and it ended as scratch.

Monday, 27 March 2017

Nifty Future 27032017

It opened counter trend full gap down.  Hesitated to short on BPB and missed it.  Later attempted direct BO.  It did not move much and yielded little.  After that it consolidated again.  Expected a failure at range high which did not happen and prices reversed without allowing an entry.

Sunday, 26 March 2017

Guidelines on improving your earnings through ClixSense

ClixSense is No.1 PTC site . It is 100% legit. You should not pay even a penny for this. Everything is totally free. There are many ways to earn through ClixSense.

To save your precious time of few weeks for exploring more details and help, I am going to give you most useful guidelines regarding signing up, things that you need to take care, some tips to earn money, and some general guidelines.

To start earning money, if you have not yet signed up, click here to sign up as a member for free with ClixSense.  Also sign up with Payza, Crowd Flower as a contributor and Facebook.  Use the same personal details in all 4 of these accounts. Use same email ID for all 4 of them.  While registering with Payza which is a payment gateway and will transfer your earned money to your bank account, make sure you give your name, address and bank details as per your bank account.  If Crowd Flower asks for Paypal account details, provide the same too.

Keep in mind always that only one person per house signs up.  If more than one person per house tries to become a member of ClixSense, they will suspend the account and you will never be able to earn money through them.

You will earn money in US dollars the following way by being a member of ClixSense:

By clicking ads:
You can click ads and you can earn easily up to $0.02 per ad. You will get fixed number of ads to click daily.

By completing surveys:
You can earn up to $2 per survey. You will have to complete your survey profile on a survey page. Once you complete and submit your profile on survey page, you will get invitations to complete different surveys daily. Sometimes you will be disqualified for completing the survey initially but never lose hope. You will be able to complete it after few weeks of experience.

While creating your survey profile, always be honest and give right answers.  What happens is that the system will keep crosschecking you and your profile while you are filling up the surveys.  If you give wrong answers that are related to your profile, they will catch you and disqualify you for that particular survey.

By completing offers:
ClixSense provides offers like download apps ,play games etc.on a daily basis and you can earn by doing so also.

By doing micro tasks:
It is the most important part of earning. There are plenty of micro tasks available.  Crowd Flower is the company which provides these micro tasks. You can complete these tasks and earn big money. You will have to prove your ability to do it by attempting a small quiz and that too is also very easy. You will be starting out at 0 level. After completing 10 different jobs, 100 test questions with overall 70% accuracy, you will be promoted to level 1. At this level you will be able to do many tasks and earn fast.

Remember, at level 0 you will get fewer tasks. Possibly once or twice a week, but you have to be alert and keep checking the task page every now and then for available tasks and do them carefully. By doing the tasks this way, within a month you will reach to level 1.  At level 1, also ensure that you regularly complete your checklist to get bonuses.

After getting level 1 you can get level 2 easily in 3-4 days. And afterwards level 3 which is the highest level. And that is it.  Now you can earn money very fast.  They pay per task anywhere from $0.01 to $1.

For doing these tasks, it is mandatory that you sign up with Crowd Flower as a contributor. It is also totally free. I would also suggest you to also sign up with Facebook with the same email ID that you used to sign up with Crowd Flower.  In short, use same email ID for everything, for Clix Sense, Payza, Crowd Flower and Facebook.  Note that the Crowd Flower is the company which provides the tasks to Clix Sense so to complete these tasks on Clix Sense, it is required for you to be also a member of Crowd Flower.

This is a type of game. You have to just click and if you are lucky you can win up to $10.

By creating your referrals you will be rewarded by ClixSense and that way will be able to make some money. You will get certain percentage of the earnings from your referrals. So it is always better, you try to get more and more referrals to improve your earning.

I would like to suggest you to visit the forum page on ClixSense every day.  On the forum page, you will get all the help related to doing the tasks, surveys etc.

Premium member:
If you want to earn more, you can also become a premium member of ClixSense.  They will give double bonus to their premium members and some other benefits.  They will charge $17 per year if you want to become a premium member.  It is not mandatory.  If you want to earn more, this is just one of the ways for that.

Getting your money back into your bank account.
Minimum requirement for the cash out is $8 and for premium member it is $6.  Once you earn that much, put a request for cash out.  They will then process your request and transfer your earnings to Payza.  You will need to again put a request to Payza to claim your earnings into your bank account. Payza will then honor your request, convert the dollars into the rupees and within few days your bank account will get credited.  Make sure that you upload the copies of all necessary documents like Pan Card, address proof, bank account details to Payza.

Again, ClixSense is very regular in paying money.  There will not be any delay.

Remember, you will require to be extremely patient for the initial 1-2 months.  In the beginning, your earnings will be very low.  It is normal.  Once you gain some experience by doing the tasks regularly again and again, your earnings will start to improve and after few months you will be on your way to earn Rs. 10,000 per month and more by working for 3-4 hours only in a day.  You will always have the liberty to work at your own time and pace. Try to scatter your working hours, for example 1 hour in early morning, 1 hour in afternoon, 1 hour in evening and 1 hour in late night.  There will be some tasks that you become master of and will be able to complete very fast and grow your earnings.

Saturday, 25 March 2017

Earn easily Rs. 25000 per month

Today in this post I am going to show you the most easiest and legitimate way to earn Rs. 25,000 and more per month without much efforts.  Yes, you can earn Rs. 25,000 and more if you have internet connected PC or laptop or a smartphone and funds of approximately Rs. 1,50,000.  That is it.

As you all are aware, I am a full time day trader, making my living out of trading.  As a trader, at some point in my life, I felt a need of some sort of good part-time income to keep me going and that need forced me to look for alternate legitimate ways to earn money.  In the same direction, I made a small post on this topic How to plan day trading for living.  I hope it would have helped you get prepared for taking up this day trading profession.

Now I am going one step further and share with you another legitimate way of earning Rs. 25,000 per month with minimum effort, time and capital requirement.

Let me help you earn Rs. 25,000 per month:

1) As a follower of this blog, I assume you are involved with stock markets in some way or other, investing and trading and you have a primary knowledge of it.  You can make use of this primary knowledge of the markets.  As you might be aware of, Indian markets are currently in long term bull market and will likely remain in this bull market for next 10 years at least.  There are lots of different reasons for that, lot of analysts world over have written a lot about it and this is what I have kept on hearing from all the media sources over the last 10 years.  So rather than remaining in the denial mode, it will be better for us if we accept this fact and try to benefit from that.

In bull markets the most easiest way to make money is by participating in the IPO/FPO.  Normally what happens is that lot of companies try to enter into the markets with issuing IPOs, My experience says that there will be both kind of IPOs, good ones and bad ones, but by and large majority of the IPOs are good ones and they generate a lot of wealth for the investors. Over the last one year, I have made a lot of wealth by investing in recent IPOs like RBL Bank, Mahanagar Gas, Thyrocare, CPSE ETF, and the latest being D-MART. All rewarded well and in fact DMART doubled the money on listing day itself.

Now lets focus on how we can generate a steady flow of income by participating in these IPOs/FPOs.

The existing system requires us to invest Rs. 15000 per IPO per demat account and we will do that only.  Never apply for more than 1 lot in each IPO,  To earn a sizable income what we need to do is to get access to a demat account of all the family members,  friends and relatives that we can trust. Around 10 demat accounts are required.  Self, spouse, parents, grandparents, in-laws, couple of friends and few relatives will easily get us that number.  Remember less than 5% of the population in India has demat accounts so there is a good chance that most of the people around you are without the demat account. Next step will be to keep Rs. 15000 in each bank account linked with those 10 demat accounts. These demats can be the new or the dormant ones.  Now we are ready and just need to wait for the good IPO/FPO to hit the markets.  Try to watch news regularly, visit the financial sites and follow some experts of this subject. This will help us weed out the bad IPOs and participate only in the good ones using our own judgement and wisdom.

Once the good IPO hits the market, go ahead and apply through all 10 accounts.  There will be good chance of getting an allotment in at least 3 of the accounts even if it gets subscribed multiple times. Now lets assume we take part in around 12 IPOs every year and in these IPOs the luck favors only 3 demat accounts for the allotment. If each allotment makes on average 30% of returns(which is bare minimum looking at the history) on day of listing, it will help us earn Rs. 15,000 per month like this,

Total 12 IPOs.  3 allotments per IPO will require us to invest Rs. 45,000 (15,000 x 3) per IPO.

30% of listing return on Rs. 45,000 = Rs. 13,500 of earning per IPO.

12 IPOs x Rs. 13,500 = Rs. 1,62,000 a year or Rs. 13,500 per month..

There is only one time effort of opening a demat account for the family members and linking it with online net banking. ASBA facility is excellent.  Funds remain in bank account and only get debited upon allotment. After that just need to be active on the day of IPO and its listing for few minutes.  That is it and you are on your way to earn around Rs. 13,500 per month with just primary knowledge of markets and small capital of Rs. 1,50,000.  If I add the interest income of this fund when it is sitting idle in the account, per month income will come around Rs. 15,000.

You can also share some of the gains with your family members whose demat you are using and make them happy too.

2) Another legitimate way of earning around Rs.10,000 per month or more from the comfort of your home is by being a member of a good PTC site and spending few hours of free time on it.  What you will be ultimately doing is that you will be visiting websites, clicking ads, taking part in surveys and contests and doing simple micro tasks.  Doing this simple thing where you won't require to use your brain much can earn you easily Rs. 10,000 per month or more.  There are people who earn more than Rs. 50,000 per month.

The only good legitimate PTC site that I know of and a member of is ClixSense.  It has been in existence since year 2007 and has paid millions of dollars to its members on time. It is totally free. Not a single penny is required to spend to be a member of it.  Initially, for first month you may feel you are not earning enough.  It is designed that way, but stick to it, never give up and continue.  It is just a matter of few months before you start earning big.  Most of the tasks are repetitive and your speed and accuracy will improve only by doing them again and again.

Click here to Sign up with them and earn extra cash online. All it requires is few hours of your time. That is it.

After signing up with them, also sign up for a free PayZa account to get your earnings into your bank account back in India.

Click here for some guidelines on earning through ClixSense.

Now you know how easily you can earn a big income of Rs. 25,000 and more, and I hope this will surely bring a big smile on your face.  You can now focus on learning the trading and gaining experience in the markets without worrying about your monthly finances.  Remember, if you ensure your survival in the markets, one fine day markets will also reward you and you will be on your path to become a wealthy, successful trader.

Please share this post with as many people as you can, online or verbally or personally contacting them, making them aware of this.

Friday, 24 March 2017

Stock Trading 24032017

All were long trades.  Today banking sector was on fire due to some positive news flow.  I tried to take advantage of that with our trading system.  ICICI Bank rewarded handsomely.  Union Bank and NMDC missed the target by a bit and ended as scratch.

Trading with 1 lot stock futures today would have made total profit of Rs. 3200.

Thursday, 23 March 2017

Nifty Future 23032017

It opened gap up within yesterday's range.  It was very apparent that it was getting resisted at range high where there was a confluence of origin of significant move plus high volume node.  The attempted short refused to move and ended as a scratch.  Once the prices started getting accepted above range high, attempted a BPB long trade which yielded good.

Little bit on how I read the prices:

Micro trend in a decline mode, opened gap up.  Now this gap up should get sold by the aggressive sellers in the morning which did not happen as it refused to break the initial low at 10 am and gap remained unfilled. This was the first sign of weakness in the bears/sellers.  After that it kept on hitting the resistance zone without giving away too much.  Another sign of weakness of sellers and buyers gaining strength. Finally buyers won the battle and were able to break the resistance successfully allowing us to join the winning party and benefit from it.

Stock Trading 23032017

It is 10:30 am now and I am done with my trading the stocks.  Took 3 trades, there was a short trade in TVS Motors and others were long trade.

If traded with futures minimum quantity, profits would have been Rs. 3700. In TVS it just missed the target by 20 paisa and I had to exit some time after that.  Same happened with Divislab.  The target was 646 and it touched 645.

In Nifty or Bank Nifty, there was not any trade setup.  This is what typically happens while we trade the indices.  In the morning session very few days out of the month we will be able to trade them.  Whereas there are plenty of stocks moving big in the morning everyday.  This was one of the reasons selecting this first couple of hours of trading to trade stocks.  As a full time trader, we need to utilize every hour of trading.  We will make money only if we take trades.  Hope you got my point.

Wednesday, 22 March 2017

Bank Nifty 22032017

I traded in Bank Nifty today.  I found the setup better here than Nifty and traded it.  In fact, I posted the whole trade well in advance on Twitter.  I am just reproducing it here.

Chart I
Chart 2
Chart 3
Chart 4

Half of the quantity was booked at around BRN 20900 and remaining half at 20840 with 100 points of gain.  Waiting patiently for the good setup rewarded ultimately.

Stock Trading 22032017

Today's snap shot of trades taken.  All were shorts.  If  I had taken the same position in the Futures, my profit today would have been like,

Justdial    582.5*1200   = 3900
Titan        455.25*1500 = 5400
Hindalco  192.9*3500  =  2275

Total profit:  11575  in less than 2 hours in the morning.

I also missed one good trade in Axis Bank.  There was a good reversal setup.  Long entry was possible at 494.5 for the target of 502 which got achieved.  If position was taken in Axis Bank Future, it was the trade of the day generating the profit of 9000.  If I add that to 11575, today's profit alone was more than 20,000.

I had placed the order but accidentally got canceled and missed the good trade.

This post is not like blowing trumpet to promote or sell anything.  It is just to demonstrate if things are learned properly, practiced and gained experience, one fine day you can too trade like this on your own.  Unfortunately, very few people understand this and stick to it working hard without losing patience.

I learned the price action, applied to the Nifty first, practiced a lot, then started trading with the minimum quantity.  Once got comfortable with it and conquered it, not only increased the trade quantity but explored other instruments like commodities, stocks, E-mini etc and found whatever I was able to learn and grasp, working everywhere beautifully. 

Tuesday, 21 March 2017

Nifty Future 21032017

In the morning avoided trading in yesterday's narrow range.  Could not get a proper entry to short below PDL and missed the down move. After that spotted a reversal possibility on rejection of prices at HVN/spot BRN which achieved the minor target and yielded some.

Stock Trading 21032017

Above is a snapshot of chat message today while trading the stocks in morning and helping learn other trader how to trade.

As you can see, 2 out of 3 trades made profit.  The trade which lost, lost very minimum.  Total profit of trading like this in the morning couple of hours generated a profit of around Rs. 5000 on a small capital.
Date Scrip Avg. Buy Avg. Sell Qty P/L
21/03/17 India Cem 165.5 165.95 3021 1360
21/03/17 Oil 330.4 329 1513 -2119
21/03/17 Eng Ind 150.5 152.2 3322 5648
Total = 4889

There are certain advantages with stock trading like this.  Let me explain,

1) Most of the traders are not able to make consistent profits.  Also they start trading in F&O with the dreams of making big profits and majority of them end up with big losses. 

Trading in stocks allows us to risk very less.  We can trade for Rs. 1000 also in the learning process and not lose more than Rs. 20 per day.  Couple of cups of coffee or tea costs more than that.  Once we get comfortable and develop enough experience, we can always start ramping up and make this much of bigger profits on a small capital requirement. 

2) Risking less and trading with the discipline develops consistency.  The consistency in trading like this is very much essential.  You would appreciate a strict discipline of exiting at SL and booking out at targets in above trades.

3) Less time involvement.  Only 2 hours are required.  Rest of day we are free to do anything and enjoy our life.

Minimum capital requirement - minimum risk - minimum time requirement

In nutshell, I believe trading like this is the only answer to consistently profitable day trading.  

Sunday, 19 March 2017

Analyzing Stock Trading Performance

Here is the latest one month performance of stock trading which has been already shared with all of you with the proof,   I hope you would have gone through it and tried to analyze it.  Few of you might have even wondered about the process of screening the stocks for the trading.  Well, as I already mentioned in last post, stock selection is done on only two criteria, 1) breakout from a consolidation and 2) stocks ready for the reversal.  I select the stocks from the universe of around 150 active F&O stocks.  I go through the short term chart of each of these 150 stocks. It just requires me around 2 seconds to analyze the chart of each stock. So it hardly takes 2 seconds x 150 stocks = 300 seconds or 5 minutes for me.  So it only requires around 5 to 7 minutes after the market open for me to select my stocks for that day for the trading. With some practice and experience, you will also be able to do this.  There is no rocket science.

No.DateScripBuy RateSell RateQtyProfitClick for the proof
121/02/17Orient Bank125.45124.83986-2591Trade Book Proof
221/02/17NMDC142.9143.4534991924Trade Book Proof
321/02/17HPCL566.45688831413Trade Book Proof
421/02/17PFC135.75136.0536831105Trade Book Proof
522/02/17Union Bank148.1147.953376-506Trade Book Proof
622/02/17RCOM35.936.1139282786Trade Book Proof
723/02/17RCOM36.5537.1136807524Trade Book Proof
823/02/17Amtek Auto37.4537.2513351-2670Trade Book Proof
927/02/17OFSS37553732133-3059Trade Book Proof
1027/02/17Axis Bank513.4515.059741607Trade Book Proof
1127/02/17JSW Energy64.164.3578001950Trade Book Proof
1228/02/17Coal India325.1324.851538-385Trade Book Proof
1328/02/17KSCL472.6476.210583809Trade Book Proof
1428/02/17Bajaj Fin1115.61116.4448358Trade Book Proof
1501/03/17Divislab780.5773.7641-4359Trade Book Proof
1601/03/17Heromotcorp3194.33178157-2559Trade Book Proof
1701/03/17Mothersumi359.7361.113901946Trade Book Proof
1802/03/17Tatamtrdvr279.8281.817873574Trade Book Proof
1902/03/17VEDL273273.918321649Trade Book Proof
2003/03/17Justdial525.35520.8952-4332Trade Book Proof
2103/03/17Jisljal89.2490.656037620Trade Book Proof
2203/03/17Amtek Auto36.536.5136990Trade Book Proof
2306/03/17Eichermotors2347723530211113Trade Book Proof
2406/03/17Union Bank147.3146.73394-2036Trade Book Proof
2506/03/17HDIL69.869.857163358Trade Book Proof
2607/03/17BPCL645.2645.377577Trade Book Proof
2708/03/17Sunpharma688.2684.8727-2472Trade Book Proof
2808/03/17Idea106.7106.94686937Trade Book Proof
2909/03/17DishTV103104.7548548495Trade Book Proof
3009/03/17JindalSteel124.3124.5540231006Trade Book Proof
3114/03/17Ultratec3953.43946.5126-869Trade Book Proof
3214/03/17HDIL75.475.056631-2321Trade Book Proof
3316/03/17VEDL261.95262.919091814Trade Book Proof
3417/03/17Hexaware228.85227.252185-3496Trade Book Proof
3517/03/17BharatFin823.95827.956072428Trade Book Proof
3617/03/17M&M Fin302.1305.7516556041Trade Book Proof

Analyzing Stock Trading Performance:
There were total 36 trades making a profit of approximately Rs. 28000 in less than a month on capital of Rs. 1 lakh only. All are real trades.  23 trades made profit while remaining 13 trades made loss giving around 65% of accuracy.

Now if I want to improve the profitability, there are two ways to do that.  One is to improve accuracy  and another is to work on making more profit and losing less on the trades.  Rather than improving accuracy to 75% or 80%, I would like to work on making more profits from the winning trades and losing less on the loss making trades.

As colored coded blue, there were 4 winning trades which made good profit.  If I work on those trades and generate more profit out of it, I can improve my profitability.  For example, the last trade on M&M Fin, after my exit it went on to move in my favor and closed around 6% up.  So there was a scope of making more profit in that trade.  Same way if I work on loss making trades (colored coded brown) and make less loss, it will improve my overall profitability.  Rather than losing 4000 on a trade, bringing it down to around 2000 or 2500 will be the right thing to do.

So my next job is to work on these aspects of trading and improve my overall profitability.