Day trading : 150 days - 1 % return per day (weekly updates)

Discussion in 'Journals' started by helmethermit, Mar 27, 2020.

Do you think it is possible to make 1% on an avg on day start capital over 150 days?

  1. yes

    75.0%
  2. no

    18.8%
  3. maybe

    6.3%

  1. thanks seikyo,

    no- i do not go in for that many lots in one trade. the day end summary adds up all trades of the day. i usually have some 6/8 trades on any given day.

    off late i cannot buy on limit order as broker execution is taking minutes !!! so i go market orders (takes 30 seconds !!!) and this is dangerous. i am never exposed more than the lots i can afford minus leverage. i do not use leverage.

    let me see how this week goes. last week had been up an down and happy that damage control was in place.

    the markets are not really working on technical - more of virus news. but the same is true of all indices.

    let us see how this week goes. reduced number of trades due crazy volatility. keeping my fingers crossed and hopefully i will be able to keep crawling forward.

    safe trading and take care - stay safe
     
    #21     Apr 9, 2020
  2. week 003 update:

    start capital @ week 003 - 3840 (week 003) / 2861 (start)
    end capital @ week 003 - 4118
    profit/Loss: 278 $ profit / 1257 $ profit
    % profit/Loss : 9 % (profit) / 44 % (profit)
    % daily avg - 3.6 % (profit)

    week 003 overall.png

    week 003 trade analysis.png

    week 003 nifty range, capture analysis.png

    week 003 effective days.png

    summary:
    has been a lucky week overall i guess. were just 3 trading days.
    personally i was on my best behavior and pleased with my trade discipline.
    too much slippage and so i decided to cut down trades. was a good move.
    long weekend break and let me see how the next week goes.
    next week too has just 4 trading days.

    so that is all for now. not a great week return wise but very satisfying from a discipline and adherence to trade plan point of view.

    next update - end of week 004.

    safe trading to all and take care
     
    Last edited: Apr 9, 2020
    #22     Apr 9, 2020
    jtlexington likes this.