Trading Journal

Today market moved down very well and within the first 45-60 mins I saw 10K+ green in MTM. Given what has happened in the last few days, weeks, and months, I decided to book profits and close the day. This turned out to be a good decision because markets then reversed 5 mins after my exit and recovered over 400-500 points. This would have been another very tough expiry again if not for the lucky exit. Heimdall triggers at 10 am. I was out before that. Stopped trading after that altogether.  BNF NF PnL = 10400 Observations: IMP: Today was pure luck because I chose to exit when I saw 10K+ profits. Ideally, I should have left the algo to work. However, it turned out to be beneficial because 2-5 mins after my exit, the market reversed and would have wiped out all profits and sent me deep into the red. (Don't have backinzo so haven't done BT yet) This should not become a habit. In fact, this is dangerous that when a manual intervention gives good results, it can affect discipline. ...

Another red expiry today. Been red throughout the day. Again the market range wasn't that much. Less than 500 points. But the volatility meant that stops were triggered. A lot of buy legs had losses. They got triggered just before reversals. BANKNIFTY  NIFTY STOXXO One more problem that hampered today was that THOR NIFTY couldn't take both positions because of margin issues. I took NIFTY OTMs BUY for margin (Rs 3 or below. But the filled amounts were under 1 Re). VAL NIFTY had no issues however, THOR NIFTY couldn't get both positions. There was a shortfall of Rs 1600/- May have to add some money because next week the shortfall will be over 5k After today's loss. PNL = -2005 Charges = -150 TOTAL = -2155 THOR BNF made good money. If THOR NIFTY had run, my losses could have been much less. This continuous DD is having an emotional impact too. These are the message I shared with the group. Close to BT MDD. Also if today is RED day then it'll be max consecutive losses hi...

 Another red expiry day. The market wasn't very high range (less than 500 most of the time), but it was very volatile within that range. BANKNIFTY NIFTY STOXXO PNL -4300 For some reason, my basket is unable to handle any kind of up/down movement. I suspect its because of HFTs who can extrapolate where various stop losses must be present. Also, others too are facing diminishing returns from algo trading. I am honestly at a loss of ideas as to what could be done to make an algo to tackle this kind of market. MISTAKES: I had forgotten to update the NFITY VALKYRIE port to change combined profit from 500 to 2000. GOOD RESULT Heimdall survived when started at 10 am. 

For a Monday today was very non-trending and initially high volatility. It settled down after 10 am. But was still diff to trade. BNF lost money but FNF made some money. Traded VAL all days system in simulation mode. It lost a good amount of money. However, it also worked as expected with REX. Live trading was with AB BUY (my variation for Fri and Mon). It lost over 1900. However, HEIMDALL FNF made 1100 and provided some relief. NF BNF FNF STOXXO PNL -800 Observations: BNF has become very random with days. Any random day becomes trending and any random day becomes non-trending. Even with comparatively lower VIX (14-15) there are high spikes that trigger SLs.  Often ATR doesn't seem that high either. Still spikes take you out. These volatile spikes happen despite the direction of the market (trending or sideways). At the moment, trading post 10am is safer for ports with small-mid level SLs.  This is 3rd straight loss day.