Realtime Paper Trading by Veera.

Hi Friends,

I am going to paper trade on crudeoil with the following rules.

Previously I did not followed money management in my trading.

I did not waited for the correct trading setups to enter trades. I just entered trades immediately after market opening without waiting for trade setups.

I did not followed max loss limit(% of capital) per day.

I did not followed proper position sizing.

I was tried to get 50K from 1 Lakh capital daily.But instead of that I should expect to get 50K if trading using 10 Lakh capital only.

Also traded 10 lots of crude with 1 Lakh capital. But instead of that I should be traded only 1 lot crudeoil with 1 Lakh capital.

I did not followed partial profit booking.

So the aim of this paper trading diary is to achieve the above discipline which i was not able to follow in my previous days.

If I am able to achieve the above goals even in my paper trading that is a very great success to me.

Let us start today!

Happy trading...
Veera.