I have closed 50% OF MGC short at 1492.2. Idea is I will again get a chance to add short at near 1498-1500 zone
Account : 112.9% of initial capital.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
Trade Journal
- Thread starter djay
- Start date
I have closed 50% OF MGC short at 1492.2. Idea is I will again get a chance to add short at near 1498-1500 zone
Account : 112.9% of initial capital.
New Position
NIFTY@SGX - Short - 11600 (Edited from 11575 TO 11600 taking into account the added Short given in the next reply)
SL : Consistent 5 min Closes above 11640
Target: 2985
Basis of Trade: NIFTY tried to get above 11700 multiple times and it failed. Ideally would have wanted short near 11640, but not too sure if I will get a chance. I will see if I can add an another short at higher level, and will want to get atleast 200 points on this position.
What I don’t like about this trade:
a) I am shorting at a bounce zone and am expecting to be red for sometime. Most probably, this trade will show its true colors from coming tueday with festival holiday coming up in India on Monday.
NIFTY@SGX - Short - 11600 (Edited from 11575 TO 11600 taking into account the added Short given in the next reply)
SL : Consistent 5 min Closes above 11640
Target: 2985
Basis of Trade: NIFTY tried to get above 11700 multiple times and it failed. Ideally would have wanted short near 11640, but not too sure if I will get a chance. I will see if I can add an another short at higher level, and will want to get atleast 200 points on this position.
What I don’t like about this trade:
a) I am shorting at a bounce zone and am expecting to be red for sometime. Most probably, this trade will show its true colors from coming tueday with festival holiday coming up in India on Monday.
Last edited:
New Position
NIFTY@SGX - Short - 11575
SL : Consistent 5 min Closes above 11640
Target: 2985
Basis of Trade: NIFTY tried to get above 11700 multiple times and it failed. Ideally would have wanted short near 11640, but not too sure if I will get a chance. I will see if I can add an another short at higher level, and will want to get atleast 200 points on this position.
What I don’t like about this trade:
a) I am shorting at a bounce zone and am expecting to be red for sometime. Most probably, this trade will show its true colors from coming tueday with festival holiday coming up in India on Monday.
Added another Nifty Short @ 11625. I will cover this around 11600.
Added another Nifty Short @ 11625. I will cover this around 11600.
Taken off the position @ 11603. I used that bounce to better my short price
Added Nifty Short position @11629.5 bringing up my cost price to 11613.3
Worst part is I entered that price while the bid was that 11632. Looks like broker is screwing me up here.
Also added MGC Short @1497 moving up slightly my cost price to 1496.
Closed the Nifty position @11582.5 which was added at 11629.5. The earlier position is still open
Account : 106.9% of initial plus added capital.