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Journal of a Nifty Day Trader


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Journal of a Nifty Day Trader

  #11 (permalink)
 
yroyal's Avatar
 yroyal 
India
 
Experience: Intermediate
Platform: Ninjatrader
Posts: 66 since Jun 2009
Thanks Given: 14
Thanks Received: 32

Can you tell which DataFeed you are using for NSE ?

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  #12 (permalink)
 shsubmit 
Mumbai India
 
Posts: 5 since Feb 2014


psb1967 View Post
After 10th, today only I started trading again. Had to stop trading for couple of days due to persistent headache; was content enough to just watch.

Today did 3 trades. The first one despite getting 12 ticks within couple of min., was adamantly waiting for 20 ticks and at the end had to close it with just brokerage loss.

Although 2nd and 3rd were good ones I was not entirely satisfied because I am yet to overcome scalping mentality and have to work hard to run the position to achieve at least 20 ticks per trade so that I score more than my break-even level of 6 ticks.

Great
What is the hit rate and risk to reward ratio on this system ?
Looks good

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Last Updated on February 7, 2014


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