30.10.2020

Starting this blog to journal by trading journey. 

I joined the market during March 2020 when the market just bottomed up due to the Covid19 crash. I had no clue about anything then. Had a heavy load of beginners luck and lots of kiss from lady luck. Many of the trades i entered then gave handsome returns as market bounced back. Looking back, most of those entries were without much analysis from my side. However, many were indeed good picks. 

But i made some very irrational trades also - solely due to greed! I got heavily punished for the same!

Now that I am with the market for some 6 months, I cannot enter trades just like that anymore! Along the way, I picked up tips and tricks from many veterans in the market and that has made me all the more alert about entering and exiting trades.

I am still just a student and is watching the learning the market with sheer awe! Market is the greatest equalizer and i find it very comfortable in it. 

Let's see what's in store. Good luck!!

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Took 3 Pilot positions today.

My pilot amount is tagged now as 25K.

Going forward, I may split my total trade into 3 parts of 33K each with Pyramid entry.

 

1. GUFICBIO

Industry: Pharmaceuticals Mcap Full (Cr.): 798.15 Mcap FF (Cr.): 271.37 RoE: 1. Pullback from Pivot Buy Point 2. Champion Candidate 3. PnVCP match Inv: Pilot Buy - 25K

 

2. TATAELXSI

Industry: IT Software Products Mcap Full (Cr.): 9,545.11 Mcap FF (Cr.): 5,249.81 RoE: 1. Pullback after a big rally 2. Champion Candidate Inv: Pilot Buy - 25K

 

 3. VAIBHAVGBL

Industry: Apparels & Accessories Mcap Full (Cr.): 6,348.87 Mcap FF (Cr.): 2,158.62 RoE: 1. BO from a tight base. Box BO as well. 2. Champion Candidate 3. PnVCP match 4. But, bearish candle and closed below BO line! Inv: Pilot Buy - 25K