Saturday, July 7, 2012

Trading Journal Example

Jitender Yadav, who often contributes through comments in this blog, has kindly shared some charts which he uses to maintain his trading journal.


Jitender Yadav said...

Respected Sir,

Thanks a lot and so kind of you sir for giving me this platform to share my trades with fellow readers.
I am still learning the tricks of the trade and trying to discipline myself.
On Sudarshan Sir's advice I have started maintaining a record of my trade charts and later review them for improvisation and I find it hugely beneficial for my development as a trader.
The trades above are far from perfect and some decisions may seem random but they seem random only when I review them after trading hours because when the position is open hundreds of thoughts cross my mind and though we have set rules to guide our behavior during these times a novice trader like me succumbs to greed and fear, but as I have said I am still learning to trade.
Charts courtesy- Sharekhan

Sudarshan Sir's Fan
Jitender Yadav

Nikhil said...

One of the problems with trend following is that when market moves sideways, we get many false signals and we make some small losses. How to avoid these whipsaws?


Dear Sudarshanji
Is nifty is forming rising wage formation or will it be too early to draw such conclusion? A close above 5333 will nagate this view.
Pl. comment
Nitin Damle

mehul said...

Sudarshan sir can You pls advice when to exit or enter from the charts mentioneded?
It wil increase our knowlege.

SantoshG said...

There is no feeling worse than missing a great trade because you erred on the side of safety and exited prematurely. Can you elaborate teach some exit strategies? This will be hugely beneficial for traders who want to learn. Thanks in advance in anticipation.

SantoshG said...

How can one identify a trending day vs. ranged day? Can you please elaborate various techniques tricks to identify this for day traders? Thanks in advance

SantoshG said...

Can you help me understand how to select stock for day trade other than the usual liquidity, ATR stuff. Is it ever possible to identify and or shortlist couple of scrips which will likely be say 10% gainers next day? Or is that a mirage, search of holy grail? All of the 3 questions I asked in row deserve to be included in your next book on day trading book. Thanks in advance.

Unknown said...

Dear sudarshan sir,
In every field,for success there must be a guru..i am very happy dat i consider you as my guru and i posted ur pic on the wall and worship u daily..keep guiding me sir.
Akash sinha

Dinesh Rishi said...

Respected Sir,

When is next "ATA monthly meeting"

with presentation by

"Your Excellency" (परम श्रेष्ठ)