Hiren1

03:25

Hiren1

Adani Ports and KRBL have come up on my scanner, waiting for a breakout to go all in. Actually I start small as long as my SL is not hit.

04:59

Hiren1

Wow ! 10% in a day of showing up on the scanner. I wish I had more money to deploy. Did anyone benefit from it? Please comment. Please refer previous day's video for showing up on scanner.

05:10

Hiren1

Rpower showed up on the scanner and gave handsome 12% returns in few days. Now Princepipe and VIPind has come up. Lets see how this goes. SPARC which did show up on the scanner is just passing time and not doing anything, hasn't hit the SL or TGT but I got out of it with minor gains and then employed the amount in Rpower.

03:51

Hiren1

Got a 2% tgt with Nestle but got stopped out with JSW Steel on my last trades. SPARC is a new one on the scanner, so lets see how it goes. Tried to get again (though not fresh on scanner) on RHIM and Syrma.... Got stopped out on same day on RHIM but Syrma is holding...lets see how it goes on Monday.

05:43

Hiren1

Get out on the previous one as it still is under consolidation. Got in on two other counters as they are bouncing from a recent low.

04:49

Hiren1

Keeping the faith on my scanner and investing in its throwup, i have decided to put in money on IRFC today, hoping to make good as my last trade. (though did not put in other two power sector companies which my scanner had given; and they did make good money). This is a swing trade - few days to a month or so holding period.

10:45

Hiren1

After I stopped F&O altogether as I was not able to get a handle on it and generate consistent returns, I had decided to focus on cash market. For that I had created a simple scanner which would show up stocks which have come up above their weekly high but are still below their 50 day MA. Details of what stocks came up and how they and I performed is what all the...

12:57

Hiren1

After trying to see what works for me and what not, trying various intraday, swing etc on different stocks and derivatives (and still unclear what's going to work for me), I stumbled upon the IPOs, specifically the SME IPOs. Just look at the listing of these SME IPOs..... what a staggering gains they give on listing. SEBI had to actually come up with a...

10:34

Hiren1

Day 37: After a gap of about 15 days during which I was not trading, and trying to figure out if I can find a better algo strategy or trying to find out if manual trading is better. Since the algo that I had deployed was doing good in paper trade but real trade is a way different battle since the market gives you the worst of price at both times - entry and exit,...

08:06

Hiren1

Day 36 : Today, I put a halt on algo trading as well as day trading. After algo day trading for @14 days, I realised that I was not making profit, whatever profit had accrued was taken away by market. So I went back to my algo backtesting and stress tested it for worst case conditions and that actually came very close to my real time trading. Then I realised that...

05:52

Hiren1

Day 35: Not much movement today. Remained negative during the day. I am increasingly getting this feeling that intraday is not worth pursuing. The time market is open is very less, the first half hour or the full hour goes just in trying to figure out where the market wants to go and by the time you think what you'd like to do, it stalls and gets into a range. By...

09:05

Hiren1

Day 34: What a bad day it has turned out to be. Market gyrations has given me losses for all the trades taken. The algo was correct, the logic captured the direction of the market, however the intraday pullback of the market was beyond its normal limits (or as per the set calculated limits over a certain time) and kept hitting SL everytime. Took four trades, all...

06:30

Hiren1

Day 33: Good day but did not turn out good for me today. Algo gave me entry in the morning, turned out profitable, but subsequent two entries took away all the profit. Overall a negative with minor loss. Progress: Stuck to the algo even when was sure that we are near the support and should have taken profit. So, no manual trading today. Learning/ to ponder: When...

05:20

Hiren1

Day 32: Day opened good, however could not sustain bullish momentum and gave up all the gains. Algo waited till it got the pullback. First trade turned out to be loss making as market played mischief and got me out. On the second trade also market tried to play mischief but the sellers were very strong and did not allow it to go beyond my SL and hence was saved....

04:59

Hiren1

Day 31: Day opened bullish, my stock opened and immediately ran up to its high point. Algo did not trigger as it is deisgned to get in on a pullback. Got an entry; market tried to cheat but could not succeed and was saved. However later on the market cheated and threw me out with a minor profit. Algo again got triggered but in the wrong direction, suffered small...

05:07

Hiren1

Day 30: Made a mistake today. Market was bearish in the morning and algo took a position which went on to be incorrect. Again algo took another position and this also turned out to be a loss making trade. After the fall over last few days, I was bullish while the algo signals were all bearish. So, after two wrong trades by my algo, I thought let me take the next...

03:59

Hiren1

Day 29: Good day today. After falling for almost week, market took a breather and the bulls tried to put a stop to selling. My algo got me into a bullish position in the morning and the momentum gave me my target pretty soon. Had to be away so did not trade later on, but the algo did very well on paper trades. Had a not so good day yesterday and was not feeling...

06:31

Hiren1

Day 27: Another trending day. Algo gave good entry and exit, perfect as per coding. Progress : No chasing/FOMO/anxiety (well almost) Learning : Need to chase profit and not let it slip away, market is supreme and smartest of all. Money is more important than getting the math right. Will chase with TSL manually when putting a stretch target.