Nifty began with a bang on Monday and kept falling most of the day. As I have been making good money via mean reversion style, I decided to go for it and shorted 16900 PE. To my surprise, the market went red on Tuesday morning. I followed instincts and went for all-in.
Did I have a solid plan? No
Is this how I want to trade in future? I shouldn’t but then shouldn’t I take such chances for the inevitable losses when they come?
Luckily, the market went up and the rest of days were the usual.
So I traversed through the following candles:
Here are the results (adjusting capital deployed to what is being shown in Zerodha but I am finally trading with more than 10 lakhs J )
|Net Profit (after deducting brokerage)||Capital deployed (approx)||Week’s ROI||Annualized ROI for this week||Total no. of weeks traded till today||Annualized return till today|
|Rs. 16649.82||Rs. 1001008.18||1.67%||135.8%||24||47.94%|
The following is breakdown of week’s positions:
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