Monday, January 2, 2017

Retrospection of Trade Log (Aug -- Dec 2016)

Dec month trades (218 points gained)




Charts (Based on trades from Aug to Dec 2016)




Number Crunch
  1. Net gain from Nifty (In Dec)  : 116
  2. Net gain from Crude (In Dec) : 102
  3. Net gain from Nifty (Overall)  : 532
  4. Net gain from Crude (Overall) : 422
  5. Total trades from Aug-Dec 2016 : 79 Successful : 50; Fail: 29; Success Ratio : 63%
  6. Avg no of trades per month :  15
  7. 80% of Gain came from 20% of Total trades. Pareto principle at work!
  8. BPB pattern holds highest Win %
  9. PDL originating most win trades
  10. Longs hold major gain
  11. Confluence trades holding major gains

Take Away's
  • 2016 is the year i managed to do active trading, after 2008. (2008 was disaster as both investor & trader)
  • Major transition happened after i came up with Daily Trading Plan which is tweaking version of basics from ST sir & learnings from URD Ji later. It suits my personality, needs and time i can spend with charts.
  • Increasing lot size from 10 to 15 in Nifty w.e.f from 2nd Jan 2017 😄
  • Staying away from crude due to time crunch, for the time being (at least till next quarter) 😌
  • Tried my hand in short term investment in stocks, turned out as failed attempt.


PS : Have plans for applying my strategy on stocks...any recommendations/suggestions on which stock to pick?