Sunday, February 28, 2016

Last week's trades - Day Trading: Feb 22-26, Intraday

Finally, updated the stats and charts of last week's trades. It is a pain to mark these up at the end of the week. Going forward, I shall try to update the trades daily.

Monday's trades:

I tried trading mechanically of the constant volume charts. Didn't do well - the day did not have enough range.

Nifty M3 Candlestick Chart

Tuesday's trades:

Shifted to discretionary trading, and continued for the rest of the week. While trying discretionary trading, I am still trying stick to the motto of Range Compression Trading, to the extent possible. Day could have been much better, if I had focused on Decision Points.

Nifty M3 Candlestick Chart

Wednesday's trades:

Continued with discretionary trading. I think that my entries were great, but in trades 2 and 4 I lost out because I tightened the SL and got hit by bad luck.

Nifty M3 Candlestick Chart

Thursday's trades:

Expiry day. Did not do well. Trade 2 exit was unlucky. In Trade 4, I held off exiting at the peak, and then turned it into a loss.

Nifty M3 Candlestick Chart

Series Performance:

The performance in the February Series was very bad. The Trading Stats speak for themselves. Here's a comparison with the January Series.


Days Traded: 19
No. of Trades: 50
Win %: 38.0%
Average Win: +36.8 points/trade
Average Loss: -9.6 points/trade
Average Result: +8.0 points/trade


Days Traded: 20
No. of Trades: 81
Win %: 27.2%
Average Win: +28.2 points/trade
Average Loss: -10.8 points/trade
Average Result: -0.2 points/trade

Friday's trades:

The first 2 trades were positive (exits could have been better though), and the last two were negative, though all of the trades were based on the same entry logic. In hindsight, could have tightened Stop Losses a bit.

Nifty M3 Candlestick Chart

No comments:

Post a Comment