Profit ₹20,000/- for 15 July 2019 - 18 July 2019

  • India Vix is hovering at its lowest which means low premiums at near distance strikes. So had to reduce my profit expectations from 1.5% to 1% for fund safety reasons.

  • Managed to mint ₹20,000/- for the third week of July 2019.

  • Low Vix environment is not good for directional trades right now as the volatility bursts were in short range, so first trade of mine hit stoploss. Unless volatility increases a little, I am not going to take any directional trade.

  • As soon as I realized that I was making a mistake doing directional trade, I immediately went on to sideways strategies and that helped me.

  • PMS Accounts Under Management made a return of 0.90% for the third week of July 2019.

Here is the screenshot of the orders I took along with net positions:

Trade log has been updated in the sheet below:

15 July 2019 - 18 July 2019.xlsx

Rohit Katwal

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