#Spotted Jan 17-Week 1
#Spotted is a weekly round up on trades taken during the week based on the strategies I share in the Strategies section.
I share trades that I took, both successes and failures.
These are all only for you to get an idea on what I did and what you could do as well.
Please do not blindly copy me since these are old trades and represent a missed opportunity.
Instead learn the strategies and try and identify trades on your own. It's easy.
(Click here to learn the strategies I have shared.)
Hey you all!! Hope you had a great NYE!
2018 trading started pretty great for me.. Five trades of which four are in profit!
Before we get to my trades over the past week, I just thought I should answer a question a friend asked me.
How does a trading day look like?
Well, during the trading timings that is 9am to 3.15 pm in the last week:
I read three magazines,
I watched a whole season of The Punisher on Neflix,
3 other movies,
Played table tennis,
Read about 25 email subscriptions
Learnt some trading strategies.
Started reading a novel
And while doing all this I traded as well!
It's that easy.I roughly spend 40 mins totally per day trading. And the rest of the time I study, read, watch TV!
And I take 40 minutes because I am at home! But if you are working or something just 15 minutes a day is also fine!
Moving on to my trades this week;
I took 5 trades based on 20 day MA (click here to learn):
Bharti Infratel (Continued from last week)
TCS (Hourly chart)
Bata India (Hourly chart)
Ultratech cement
Power Grid
Here's how they went:
Bharti Infratel:
Buy Indicator received on 27th Dec
Buy order placed at Rs. 369.5 on 28th Dec
Sold at 382 on 3rd Jan
Profit 12.5 per share in 6 days
TCS:
Buy indicator received on 4th Jan
Purchased on 4th Jan at Rs. 2650
Stop Loss: 2610.25
Target: Rs. 2750
(Not yet sold)
(Note: This was buy indicator was spotted by looking at an hourly chart)
Bata India:
Buy Rs. 757 on 3rd Jan
Sold : Rs. 775 on 4th Jan
Profit per share Rs. 18 in 1 day
(Note: This was buy indicator was spotted by looking at an hourly chart)
Ultratech Cements:
Buy Indicator 3rd Jan
Bough on 4th Jan at Rs. 4301.75
Target: Rs. 4463.30
Stop Loss: Rs. 4237.50
(Not yet sold)
PowerGrid:
Buy Indicator 3rd Jan
Buy at Rs. 202.2 on 4th Jan
Target: 209.80
Stop Loss: 199.15
(Not yet sold)
That's all my trades for this week based on the strategies I've explained (Click here to know more).
You can access other #Spotted updates by clicking here.
One last thing,
There will be no #TuesdayTip in the coming week because I'll be introducing you to a new strategy!!
Yes another one!
It's even easier than the Moving Average! So stay tuned and watch out for the next post!
You can ask me your questions and give me feedback in the Contact Section.
See you soon!
Please note 'Simple Trading' is an educational website and not for investment advisory services.
Do not take trades just because I spoke about a stock, take trades only when you understand the strategy because the risk is solely yours.
You must know that trading involves risks and no strategy is 100% right. Losses are possible and expected.