MCX Journal

Trade Date : 24 Sept 2018 Monday Opening Balance : 7564 Payout                  : 4000 Net for Trade       :  3564 Trade Details as follows : 1 ) Nickel major 1 lot Sell  : 948.30 Buy : 944.60 Profit : 925 2) Nickel mini Sell : 946 Sold 1 more lot of nickel mini at 942.40 Total 2 Nickel mini Buy at 933.40 Profit : 2200 3)Zinc Mini Sell at 184.50 ( made a high of 186.75 and came down )'' Lucky'' Buy at 184.25 Profit : 250 Total Net Profit : Rs 3167

Trade Date : 21 Sept 2018 Opening Balance : 2934 Payout                  : 800 Net Balance         : 2134 Trade Details as follows: 1)Nickel major 1lot Buy    :   918.50 Added 1 more lot at 927.40 Sold 2 lots at 934.40 Profit : 5725 2) Silver mini Sell  at 37718 Buy at  37675 Profit : 215 Net Balance : 5429

Trade Date : 20 Sept 2018   Opening Balance  : 3790 rs Half Day trade on account of Moharram ... Trade Details are as follows: Nickel mega lot Buy     at   905.50 Sell     at   904.60 Loss    225 Copper mega Sell   at 438.60 Buy  at  439.00 Loss   400 Total Loss : 225 + 400 = 625 Brokerage   250 approx. Net Loss       : 856 Net Balance : 2934

Trade Date : 19 Sept 2018  Opening Balance    :  9773 - Payout                  :  5000 Trading Balance     :  4773 A mess of the profit made ....Again lack of discipline and ended in a loss of Rs. 6782 Multiple trades in crude oil and nickel ( major ) ..This lead to increase in volume and thus not abiding to the discipline... I have to transfer total of 5800 to trade but all gone in loss. Total Amount for trading  : 10573 Loss                                   : 6782 Total Remaining balance   : 3790

Trade Date : 18 Sept 2018   ( Opening Balance : 1802 rs )   I will describe it in a short ....good day to end as I made a profit of 5700 in crude oil. It was a big risk but equally rewarded. I got transferred 3500rs to my account from a friend. Crude oil buy at 4971 Sell   at    5039 Profit : 6800 Nickel mega buy at 900.40 Sell   at    898.60 Loss :  450 Total Net Profit : 6095 ( after brokerage )

Trade date 17 sept 2018 This is insane come on...yesterday i mentioned about implementing the learnings in today's trade....but ended totally the same ...lack of discipline....totally shattered ...yet again from a net profit of 1200 rs i ended up in loss of 1600 net

Trade date 14 sept 2018 Yet another day of loss ...but certainly a learning from it. Lets see if i could get a chance to implement in future.... My trade for 14 sept are as follows : 1) Nickel mini 2 lots      Sell at   : 900.50      Buy at   : 902.80      Loss     :  460 2) Nickel mega 1 lot       Buy at  : 903.30       Sell at  : 899.60       Loss    :  925 3) Nickel mini 2 lots       Sell at  : 895.7 0       Buy at  : 893.60      Profit    :  420 Total :  - 460 - 925 + 420 = 965 Brokrg :  280 approx Net Loss : 1245 rs Learnings : Always set your target        In the second trade where i bought mega nickel at 903.30 after that...

This is surprising....Yesterday i had opening balance of 1600...which i lost during the trade and my ac had just 300 balance...But i kept watching the script nickel and find confident to short around 905 for atleast 4 points.But since i had no money i can't. So i was disappointed.      But soon after 30 mins i found that my savings account got a credit of 2000rs from a friend for a particular purpose.This is what happens and you get tempted to trade by adding more money.But like others even i got trapped of this gambling and transferred 1500 rs (out of 2000) to trade.    Now around 21:00hrs yesterday, i shorted 1 lot of nickel at 906.80 and finally auto squared off before closing at 23:16 hrs at a price of 900.60. I think i got another chance as my all loss was recovered and i am left with small profit.This was a very close one...So my trade for 13 sept 2018 are as follows: 1) Nickel mega        Sell at 909.40   ...

This has become crazy now ..... Today 13 sep ....Ganesh Chaturthi festival..My portfolio is down to 1500 rs approx....it looks like i am not going to survive in this market for long.... Mcx opening balance.. 1500

Well....a horrible way to start something like this....i targeted to make 400rs from MCX Trading but i ended up making humongous loss of 4100 rs ( including brokerage  ....yes ) Such a disappointment.... Now my Mcx balance has come down to rs 900

 MCX OPENING BALANCE :  979.00 Sell 1 lot Nickel mini at 888.50  , Buy at 885      = Profit of 350 Buy 2 lot Nickel mini at 885 , Buy at  889.50      = Profit  of  900 Total Profit : 1250 Less Brok   :  100rs approx. Net Profit : 1150

Hello Friends !!!  This blog contains my actual trades , portfolio and holdings. Details as of 6th Sept 2018: Market        : NSE                                                                Stock name : Rico Auto Industries Quantity      : 20 Price            : Rs 84 Market  : MCX I do not have any holdings as my margin to trade is Rs.5000 only. I prefer to trade intraday. I know its risky and five thousand is nothing and could wipe out in couple of trades. But I will still continue assuming that I have nothin...