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75 day trading challenge! 📊
Day 1 - 26/09/2023
Capital: 1L
ROI: -1.85%
Method: Option Buying
Strategy: UOT Traffic Light
Market Went Sideways today and did'nt give enough momentum to secure 1:1 in Options.
Follow for more updates.
#75daytradingchallenge #algotrading
Welcome to DAY 0 of the 75 day trading challenge! 🚀
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We will be starting the challenge with a 1 Lakh capital using our custom-built UOT TRAFFIC LIGHT STRATEGY. Our trades will exclusively involve "OPTION BUYING" using our algo software. The risk defined is 2% on each trades.
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👉 Follow @urordinarytrader for more updates! 📊 ##75daytradingchallenge
SL in trading is soo much important! I had shorted 44800 CE at 120 and accepted and booked SL at 182 ! But my gut feeling said to hold on to trade ! Anyways I didn't care and booked the SL later I was worried what if market moves in my favour and then I see the same strike trading at 302 if I had held the position today I would have lost nearly 8-10% of my capital! Managing risk is very much important!
One of the reasons why I shifted major focus towards Forex markets was due to NSE playing video games with markets
Changes regulations expiries with no time to adjust for anyone
Whatever built studied backtested all gone in vain
Hey guys! We are starting a #75daytradingchallenge !
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. Let’s control our emotions and stick to our setups for next 75 Days with Defined Risk !🚀
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📋 Here are the ground rules: 1. Trading 1 setup for next 75 days with discipline and defined risk in option buying.
2. Every day, we'll provide you with an update on our trades, complete with a verified Profit and Loss (PNL).
3. Achieving two payouts from prop firms through forex trading funded accounts.
4. Alongside our trading, we'll also work on fixing our sleep cycle. A well-rested trader is a sharp trader, after all.⏰
5. And, I will commit to reading at least 10 pages of a book every single day. 📚
👉 Get ready for an incredible journey filled with trading insights, progress updates, and a dash of personal development.
Together, we'll make these 75 days count! 💪📈
#75daytradingchallenge
Reminder : Nova Funding is Finishing 1st October🥶!
Make sure to grab to account today let’s get you funded☑️!
