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?

7 comments:

  1. Happy New year - All the best for 2017 .

    ReplyDelete
  2. Great Going.. Inspiring..
    All the best..
    Happy new year..

    ReplyDelete
  3. Hi Rose

    You can try Tata Steel which generally moves along with NIFTY Whether up or down.The DP system works fine with it. Try under MIS with small quantity and once you are comfortable you can move to futures.

    Regards,

    Veer

    ReplyDelete
  4. Sir are you a full time or part time trader?

    ReplyDelete
  5. Rose, How is your journey from 1 lot to 10 lot? Through what stages and criteria u progressed?
    prabakaran

    ReplyDelete