Parttime Trader & Fulltime Dreamer,
I'm not a master, Just a practitioner,
I don't shy away frm my failures bcoz they r milestones of my Journey.
Read 📌 Post.
My DM is always Open!!!
Because I want to help as much as I can
But most of the pals asked the repeated questions and it became tedious to reply to the same questions again and again.
So I'm creating a FAQ's.
Q: Kindly share Your Number?
A: I have decided to stay anonymous,
Today I have completed 11 years in my Job.
Nobody knows about my trading endeavours in the office.
I do it completely in stealth Mode.
#Work
#Anniversary
This is how you loose One Month gain in a single Day.
I'm tired of myself and my self sabotage tendencies.
Zero discipline and full on gambling.
Again defeated by myself.
I'm a complete failure.
#VerifiedBySensibull
I'm fighting my own demons.
Such a casual trade from the Buying side when I have decided to trade from the selling side only.
Incurred Rs. 73k Loss Just like that.
O lord Why I can't regulate my behaviour.
😔
Sometimes the market spares you for ur Indiscipline but these incidents rewire ur brain to be Indiscipline in the long run and eventually you will get caught with ur behaviour.
Thank you
#Banknifty
for sparing me this time.
I'm grateful.
#Overnight
#positions
The market is impartial and punishes the Indiscipline.
You break ur rules and Pay the price.
#Sensex
Say no to fake screenshots! Check out my P&L -
#VerifiedBySensibull
All because of Bullish Overnight Position in
#Banknifty
I got extremely lucky, All credit goes to Market Only.
I'm grateful and understand that it was not skill but Luck.
Need to work on my risk management 🙏
#VerifiedBySensibull
I'm Stopping Sharing Daily PnL,
Unnecessary drawing attention from Quick rich mindset people.
Will update the same periodically If I feel so..
Daily pnl not serving any purpose and on the other hand I think it's boosting ego as well.
I need to protect my sanity 🧿
Such a Brutal Day.
From 2L+ Profit to End the Day with 2L+ Loss.
Shattered 💔
Time to Reset.
Excessive position sizing and adamant with view cost the Day.
Not expected Such a sharp recovery
#VerifiedBySensibull
On 27May I lost 98% of the deployed capital due to poor risk management & Huge position from Buying side.
But yesterday Some1 asked me about that day & I was not able to recall anything, even I forgot the indices in which I made the loss.
Is it Normal?
Withdrawn all the extra capital,
Again starting with 5L.
#Banknifty
My favourite.
Started day with Debit Spread and played with shorting afterwards.
Say no to fake screenshots! Check out my P&L -
#VerifiedBySensibull
I will focus on
#Banknifty
and
#Nifty
this month.
Will take the majority of trades in these two indices only.
@ADakshTrader
As suggested by You and Many other pals.
🙏
Say no to fake screenshots! Check out my P&L -
#VerifiedBySensibull
Today I could have easily closed the Day with 25k+ profit but I played to make a big amount.
In that attempt I lost the gain Plus some capital as well.
I'm still trying to find a balance between being defensive and being aggressive with trading.
Can someone guide me?
I Re-started my trading account from 19Feb24.
Focus was on making consistent returns.
I was kind of successful in between also but made 5 Big Losses.
20Mar 4.22L
3May 4.32L
16May 2.3L
24May 1L
27May 3.98L
All these losses are from the buying side.
I'm sitting at breakeven.
#Capital
Reset to 5L
Started the Day with Bullish bias but not expected such a stretch in
#Finnifty
.
Nothing worked in later half of the day.
But is was Nice Day.
Thank you Market ♥️
Say no to fake screenshots! Check out my P&L -
#VerifiedBySensibull
I need to be more sensible in my trading.
I just realised that I have more than 1400 people connected to the handle, Even if I'm influencing 1% of the people out there, I need to set a good example.
Irrespective of Outcome of the trading, Process has to be right.
#Responsibility
Crazy day it was... Started the day with -40k then slowly with Scalping reached Breakeven and then almost +40k but in the end lost in 51500Ce long position.
-40k to 0k to +40k to 0k to -15k
Finally day end.
#Banknifty
#Crazy_Expiry
#VerifiedBySensibull
#April_24
Positive 4.59L
#May_24
Negative 6.57L
#June_24
Positive 4.46L (9 Trading Days to Go)
In April the focus was on Risk Management,
In May Focus shifted to Maximizing the Profits,
In June refocused on Risk Management.
#Lesson
:
#Risk_Management
. ❤️🔥
#Day_3
#Option
#Selling
I was in decent profit but last spike in Nifty took a deep SL in 22400CE but that's ok.
Thankyou Market 🙏🏾
Say no to fake screenshots! Check out my P&L -
#VerifiedBySensibull
Many Loss making Traders are superb in analysing the Market but they fail to regulate their behaviour in the Market.
It's time to remind ourselves that 👇
Behavioral Skills >>> Technical skills
Profitable trading is a journey of Self Mastery.
#Trading
#Psychology
#Trading
it's killing my ego and makes me realise how fragile I'm.
I used to think That I'm very disciplined and focused but trading opened a totally new world to me.
Now I realise I have a very very long way to go on the path of self Mastery & Self discovery.
I'm going through a crucial phase in my Intraday Trading Journey,
I feel, I need more Focus, Energy, Stillness and Solitude.
Will be very selectively active on
@X
For Next 10 Days.
Best wishes everyone for ur Trading endeavours.
Is there any way to have an auto Kill switch in
#Zerodha
?
My goal is to control my maximum loss as Rs. 1Lakh per day.
Can system automatically close all my position and initiate a kill switch if my PNL crosses Negative 1Lakh?
How it can be done?
Forming a view on the market is the easiest thing for a trader,
Real challenge is to trade the same with Discipline.
Lost major chunk of the profit in the last leg of bearish Move.
Say no to fake screenshots! Check out my P&L -
#VerifiedBySensibull
So my learning is to focus on selling only and completely avoid option buying.
Slow and steady can wins the race.
May God gives the strength and wisdom to be rational and disciplined Trader.
Best wishes to everyone.
We can't truly control Greed and Fear as a Human being But we can channelize them.
Greed can be a driving force for Trailing SL in Winning Position and Fear can be used to book losses quickly.
Give it a thought.
#Trading
#Mantra
Profit is not in our hand as a Trader,
Focusing solely on profitable days creates undue pressure and our focus shifts from process to outcomes.
From Now I will focus on trading well,
defined loss,Good Risk to Reward and no reckless trading,
Irrespective of profit or loss.
I was long in 21600 Puts in FinNifty,
Multiple time mtm showed decent gains but Market mover saved the levels.
From the peak MTM of 80k to the end Day with 5k, But I was playing for a breakdown..Which never Happened.
#Finnifty
-
#VerifiedBySensibull
Day
#MTM
Peak to
#Dayend
.
Thursday +200k to -230k
Friday +117k to 9k
Tuesday +80k to 5k
Wednesday +158k to +142k
I missed many opportunities in last few days.
"Big profits are always due to market blessings, we can't force them."
#VerifiedBySensibull
Unnecessary took the position in last minutes.
Anyways thanks Market Ji 🙏.
Green Day Challenge Progress 21/100
Current Streak- 2 Days 💚 💚
Say no to fake screenshots! Check out my P&L -
#VerifiedBySensibull
I'm so happy today,
Earlier if this kind of market is there in Intraday, Either I could have doubled my account or lost everything.
But today I played within my boundaries, though I made a loss but I'm so calm & Relaxed about it.
Finally the market has changed me as a trader.
Crazy day it was... Started the day with -40k then slowly with Scalping reached Breakeven and then almost +40k but in the end lost in 51500Ce long position.
-40k to 0k to +40k to 0k to -15k
Finally day end.
#Banknifty
#Crazy_Expiry
#VerifiedBySensibull
My problem is that I'm not able to handle losses from the buying side and keep on pushing the position size until profits.
Option buying leads to complete gambling and I'm not mature enough to regulate it.
Even though losing more than 15Lakh in those 5Days I'm at breakeven.
Dear
#Traders
,
Nobody is coming to save u,
Trading is a serious business,
If not monitored properly it can take ur life as well.
Get sincere in ur endeavour and give ur 100%.
There is no place for a half hearted attempt in the market.
Respect Market & Respect Risk
All the best.
2nd Loss making day of the April 2024,
Not much movement.
Wait for the better times to trade.
Say no to fake screenshots! Check out my P&L -
#VerifiedBySensibull
I never knew so Many people care for a loss and a Bad risk management.
It's really astonishing.
Being a trader is not easy, being Transparent is even tougher.
If I'm doing wrong, sooner or later market will punish me with PnL.
I will repeat, I'm not a master Just a
50700 Ce,
I have shorted around 140, it went to 280+ in 5mins,
Maximum potential to earn from that position was 140 so accordingly booked the losses.
It went to 600+...
Crazy movement.
It's a reminder that anything can happen in the market.
Manage your
#Risk
always.
Discretionary trading can be very stressful, Some tips to manage the same:
1. Fixed quantity per Trade.
2. Predefined Max loss per Trade.
3. Trailing the profits with discretion.
4. Don't increase risk and quantity after some gains for the Day.
5. Wait for high quality setups.
There was a time when I used to trade way too
#aggressively
.
Market
#humbled
me by some huge losses and loss making Streak.
Every trader will take his own time in realising his flaws and to evolve as a rational profitable trader.
The market often softens your defence mechanism by giving you a series of easy profits and then the tide changes, You suffer from recency bias and lose the gain.
The lesson is not to lose your defence and always be prepared with your risk management.
#Trading
1st Profitable Day of the Financial year.
Green Day Challenge 💚
Progress 04/100
Completion 4%
Thank you Market 🙏
Say no to fake screenshots! Check out my P&L -
#VerifiedBySensibull
Greed corrupt ur mind and approach towards Trading.
In the morning hour itself made a Six Digit profit in
#Bankex
But to multiply the same, took the risk in
#Midcap
with full Profit as SL.
#Greed
#All_in
#Zero_Hero
Days like today will make you start questioning ur trading skill.
Such a brutal day for discretionary trading
Thank you market for making it a Green day Challenge 💚
03/100.
3% Completed
Say no to fake screenshots! Check out my P&L -
#VerifiedBySensibull
The copy paste approach doesn't work in
#Trading
.
I feel Every trader is unique in a way,
Different shades of strength & weaknesses.
Different conditioning & attitudes towards money.
Trading is a deep game, Only You can truly help urself.
#Explore
,
#Introspect
&
#Evolve
.
#ATB
#Option
Buying vs
#Selling
Whenever I'm making money, I think there is nothing wrong with option buying ultimately it's about managing risk & booking losses.
Whenever I lose a big amount in buying, I feel Buying is gambling and the market is skewed in favour of option sellers.