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...