Breaking down the Stocks that were covered and complete

On many occasions now I have posted articles on the performance of the Stocks that I've been covering and the eventual results of them once they were complete. My intentions were simple in that I gave Long term that were 12 months (12 months is theoretically not long term though), and short term (less than  3 months) buy calls.

Today I'm going to break them down. Firstly I'd like to display the Table of stocks that have been completed as of today, based on transactions that were  closed with profits and those which were stopped with losses. Table 1 has the list as follows:

The total completed trades now stands at 31, and 21 out of them had given a return of Rs.11,007.01, averaging 524.14 rupees in profits per trade. Whilst the loss is Rs. 7875.18, averaging a loss of 787.52 per trade.

An important point the traders follow is that they take the profit component out whilst allowing the future trades to recoup the amount that was lost. The key point here is that they know trading makes losses as well as profits. Hence they take the profit out whilst letting the losses be there to be covered over time. The easiest thing to do is to make profits and wait until the losses are covered to take the balance out. But trading is not a once and for all venture. Therefore they leave a margin of risk to cover the losses overtime. Another way is to take out profits after deducting a part of losses, may be 10% of the losses deducted when taking the profits out etc.

As per the above table you can take the profits out per trade or as a lump some of Rs. 11,007.01 and leave the loss as it is. Or you can deduct 10% of the losses i.e. 787.75 from the profit of 11,007.01 and take out 10,219.26. The reason as to why you must take the profits out is that IT IS THE REASON YOU TRADE.  You trade to MAKE MONEY. But if you look at the entire portfolio and wait until things are great or wait for the entire value to go up, may be you have to wait until cows come home.

After closing the above transactions the remaining purchases are given below as short term and long term record of transactions. This is something that your online portfolio won't show but you can do it personally.

  Please Remember to Plan the Trades and then Trade the Plan.

ASI - 6200 has a major Resistance will it break?

Yesterdays Market took an extraordinary turn as it went up over 80 points. Today's trend was not the one many expected, but showed a different perspective, as it took a considerable down trend in the morning hours, mainly amongst the Locally driven counters, but recovered even more strongly to close higher. The present trend could be checked at 6200 points, and if today's trend was a prelude to the future then we may see a breakout of that major resistance and move towards 6400 to 6500. Nonetheless the trend is more towards trading than investment due to highly confusing developments that took place during the last few months. Therefore Analysts will be closely watching the March Quarter performance to see how the Companies as well as the whole Market would fare.

Trades that were CLOSED or STOPPED thus far - Update 2

The PLAN is to have a PLAN before you need a PLAN.





Today's active trading climaxed favourably for the trades that were covered and completed as of today the 5th April 2016.

The tables displayed below give the status as follows:

Table 1 -

 

With today's completed trades there were 29 trades out of which only 10 were stopped with losses, increasing the trades with gains upto 19. The most important feature is that the nett position of these trades have now moved into gains from the loss position they were in as of yesterday. Nett Gains stand at .28% as against a negative of .47%. 

Table 2 shows the detailed position below:

 

Some are buying - Do you know why?

It is good to see some of you are buying. This means you have a reason. That is great. It will be greater ONLY  if you know why you are buying.

Trading or Investing to a plan is not difficult, but many care less about it at all. This is shear ignorance.

Planned Trading can be learnt without a cent spent, but why some do not I can't comprehend.

IF YOU ARE THE FEW WHO HAS A PLAN THEN YOU ARE ON THE RIGHT TRACK, BUT IF YOU ARE ONE IN THE MAJORITY THAT DON'T PLAN THEN IT IS TIME TO THINK.

Trades that were CLOSED or STOPPED thus far - Update 1

The PLAN is to have a PLAN before you need a PLAN.





It was only on the 1st of April that I posted the status of the trades that were complete. The loss at the time was a mere 1.30% as against the Market fall of 11.76%. 

Below you will find the status as of yesterday the 4th of April 2016.

Table 1 -

As you can see 2 trades were added to the list, totaling 24 trades with 14 been closed with gains as against 10 trades that were stopped with losses. 

The additions had narrowed the loss from the 1.30% as mentioned on the 1st to .67% by yesterday the 4th.

Even while I was writing this article, it had come down to .47%. All this is happening when the overall market is still showing a loss over 11%. The Table 2 shows the gain and loss details of the stocks that are completed on nett basis.

Table 2 -

If you have read this post upto now, must remember that Trading or Investing in the Stock Market is a Business, some have taken it as their Profession. They do it according to their Plans, ARE YOU??? We are trained to train you, BUT do you need it??? which is offered FREE OF CHARGE.

 

Alumex - Short Term Buy

There appears to be a momentum change in Alumex during the last few days. We can see that it broke through a resistance of 15.50. Although 15.50 is the present support I expect it to be strongly supported at 15.00. Based on the new developments in the counter I expect it to trend up and retest the gap fill at 16.70 and continue to hit 17.00 in the short term. Thus my trade setup is as follows:

Enter @ 15.80
Exit @ 16.90
Stop @ 14.90

Trades that were CLOSED or STOPPED thus far

The PLAN is to have a PLAN before you need a PLAN.







Some time back I mentioned that the Trades be it Short or Long Term will be tracked in order to see how successful they are, when you do it according to a plan.

I have been tracking all these trades since early December 2015. The following tables show the list of complete Trades as of 1st of April 2016.

Table 1.

 

 In the above Table 1, I have given the Closed and Stopped trades, and the days they took to complete the Transactions together with gross % gain and loss. There are 22 trades that got completed with 12 been successful and 10 trades that were stopped. The important factor to remember when we trade is the performance of the trades as against the Market as a whole. In a down market as we saw during the period under consideration having 12 trades meeting the target price as against 10 that were stopped is not the only achievement we need to focus on. The fact of beating the overall market is also very important. In the Table 2 below you will notice that % loss of the overall effort is lower than the loss of the overall Market by a huge margin. When the loss of trading is a mere 1.30% the overall Market has fallen by 11.76%. 

These tables show how effective it is to trade according to your plan, and stick by it. If I want to mention something negative in this is that you can't go for volumes in many counters in the Market, therefore it is very important that you decide on the the volume to make a hassle free exit.