Trading Journal

 Another RED expiry. Market was sideways but with busrts of up/down moves mixed with long low volatility sideways. INDIAVIX too fell 10%, but didn't help the basket. Vix and volatility have diverged. At least with INDIAVIX and BANKNIFTY there is not much correlation left now. NF BNF STOXXO PNL: ~6400 Remarks: Did a lot of manual interventions. This has become a bad habit and I have to stop it. I think I will retire some algos or modify them to be more safer, and less risk: Heimdall, LOKI. I closed HEIMDALL in the morning after it looked like it would be a trending day. Heimdall struggles in trending days. But the market didn't trend and turned sideways. Intervened with Jane CE, Loki, Thor, ODIN T3 etc. So this manual intervention is basically ruining everything and not really preventing losses either. Fortunately didn't trade disc, else in this market, even that would have added to losses as it has in the last few days. Sometime after my exit, after 3 pm actually, there was...

 Today was a mixed day for algos and discretionary trading. Algos started off losing but recovered and ended up in profit around 2. At that time I exited by trailing profits because by that time disc had caused close to 1K of losses. NF BNF STOXXO DISC MTM = 2280  Charges = ~350  NET = 1930 The morning UP/DOWN market hit losses and kept the basket in red most of the day. After 13:30 or so, it started trending and somehow the basked got into the green. By that time poor discretionary trading had led to 1K in losses. Even with that, the MTM was in green so I decided to exit. First exited THOR BNF and then when more trend happened, trailed and exited. Towards the end, some disc recovery happened. But still, about 20 trades were done. That's too much. MISTAKES: Don't overdo discretionary trading. Learn to hold on to trades to let them play out. Discretionary needs plans and limits of SL at least. Use stoxxo to enforce some of these limits. LEARNINGS: Have good logical plans a...

Exited early today because the market was very volatile and VIX was 17.  Also, JANE PE with pyramiding caught good profits. Thus booked around 1% MTM using strategy level profit trailing. At one point MTM was over 8K but ended up with 6K of profit because of trailed profit hit. Even before 10 am, profits were up. So there was a very high chance of reversal. Which did happen about half an hour after my exit. NF BNF Stoxxo Profits ~ 6100. Also bought some stocks that I had sold on upstox for tax harvesting. And a few more Banknifty ETFs. Will make this a habit to buy ETFs with trading income.

 Very volatile day. Spikes hit SLs a lot. Went into green multiple times, but still closed in RED. AT one point it looked like it'll be another 4-5-6K big loss day. But recovered. NF BNF Stoxxo NET -1600 including charges Observations: Looks like leg-based SLs are easy targets for SL hunting. Need to convert the majority of the ports to either UNDERLYING SL or combined SL. Not sure if HEIMDALL is working. It struggles with any kind of trend. Maybe it's a good idea to swap it with a NIFTY port. NIFTY was less volatile and had a slightly more pronounced trend than BNF. At one point JANE PE with PYRAMIDING was over 2K in green. And yet closed in the red after reversal. Try to add a buying scalping kind of port. Similar to the one shared on the group for FINNIFTY.

 Good expiry. Typical as one would expect. Range-bound markets most of the time. Started trending a little bit in the second half. But didn't cause much trouble.  NIFTY After the initial trend, it ranged till 1:30 pm. And then broke down into another range. BANKNIFTY Opening 5m range lasted till 1 pm. After that gave some directional moves. STOXXO Cap used 5.75L including collateral. MTM : 7858.75 Cost: ~200 NET : ~ 7658.75 Comments: Despite good profits didn't interfere and let the algos run. Nifty hedge issue needs to be looked into. Margin req came close to within 18K of available capital.