Friday, September 10, 2010

How much money can a trader make in a week ?

Learn Technical Analysis and Earn


Last week I had posted 3 stocks for trading.


LIC Housing, Reliance Infra and State Bank of India.


Those who missed it can access it here.


Let us do a quick calculation on how much a trader would have made in last week.

























































Total27625
StockType of TradeEntryExitLotSizeNetRemarks
SBINLong2795295012519375
RELINFRALong103710552504500
LICHSGFINLong12241202250-5500SL Hit
LICHSGFINShort120211652509250





The gain from these stocks stand at Rs. 27625.


Add to this the long on nifty future from 5510 till 5600 as per weekly nifty outlook.


The gain from nifty is 100* 90 = Rs 9000.


The total gain for a reader of this blog this week is 36600/- excluding brokerage and levies.


Now this is what we call @ JerryTechnicals as "Minting the almighty dollar".


NEXT: Enjoy the trading holiday


Disclaimer : This is not a recommendation/ solicitation of any order to buy or sell, but Jerry's view on indian stock market. I assume no responsibility for any opinion or statement made in this blog. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss

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