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I’ve bee buying and selling for the previous 13 months.
Fairness Intraday
Fairness Supply
On the capital that I’ve deployed the next are the online end result:
IntradayProfit = 60 LacsLoss = 1.6 croreNet P&L = Lack of 1 crore
Fairness DeliveryProfit = 24 Lacs
I must develop a system to analyse the intraday trades intimately. There’s simply an excessive amount of data and textual content on this topic.
Is there a instrument/app/web site that may automate findings for me and provides me insights?
Can somebody recommend a system to work this out? The premise being that I need to enhance the revenue numbers and cut back the losses.
I’m at present utilizing a handbook system to enter trades into excel and this isn’t serving to because it’s a time consuming course of with numerous backlog.
outlier_wards0q:
The trades have been made in Fairness Section solely.
for those who’re solely buying and selling fairness and shedding a lot cash, it’s 100% resulting from an absence of persistence, not even holding trades for just a few weeks. even sure financial institution’s fairness has returned 26% within the final 13 months.
spend money on an uptrend inventory with larger highs and better lows, and maintain particularly when you’ve got loads of capital. why use a stoploss in lengthy fairness positions? simply double common – even in a downtrend there are minor uptrends? filter shares inside nifty 200 and decide the correct sector in momentum.
please diversify your portfolio except that is spare cash. like, allocate say a minimum of 20% to mutual funds, 20% to etfs to ensure some return (or a minimum of keep away from such losses), and use 60% for fairness shares until you study. etfs are additionally a stable choice with regards to fairness buying and selling.
Whereas you determine assess, some apparent stuff – except you might be actually loaded and 1cr is small change, higher cut back capital drastically.
Most of us lose in preliminary years, we’ve to pay markets some tuition charges whereas we study. Why pay extra ? I used to commerce with 1 qty SBIN for a while. Its a traditional rookie mistake to commerce with an excessive amount of capital too quickly ( and take an excessive amount of threat and so on)
You possibly can cut back capital to say 1lakh and even decrease. Fastened prices will change into excessive and also you would possibly lose even with edge. However you possibly can determine that out in your buying and selling stats and wait till you’ve got one thing clear that works over lengthy durations.
Additionally – its good to trace influence of taxes and slippages in your commerce studies.
Fairly probably you might be buying and selling with very poor reward to threat ratio. In buying and selling, reducing losses quick and letting your earnings run is vital. Additionally, as other people have talked about right here commerce with very small amount throughout studying section. Steadily, enhance the deployed capital as you perceive your physchology nicely and buying and selling system nicely.
Tony Saliba was one of many Market Wizards who traded for a 12 months with 1 lot simply to grasp his buying and selling system and his personal psychology higher.
Particulars of your trades may be picked up from Console. I’d suggest you to keep up a buying and selling journal to make notes about what works and what doesn’t.
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