I would like to get all the gains if nifty comes back to 26000 ideally, but at the same time it seems like nifty can stay around 23000 or even go under!
Firstock – 15 lakhs
I am taking trades without looking at the PnL graph and sometimes the trades are outright stupid. I used to be in 1-2 lakhs profit but right now I am in loss. I booked the losses today and net loss would be around 2 lakhs. If nifty stays between 23000 and 24000 the loss can be recovered. Feb 1 is the budget, not sure how the markets would react.
I have a gain of 80k in equity. This is my biggest account and I need to grow it slowly. I just need to make 2 Lakhs return on it yearly. Right now positions are for march option. We will reshuffle at March.
Things to learn from mistakes:
- Don’t invest the premium from selling options. No more investing in Firstock
- Analyse the PnL in sensible before entering positions
- Always keep 2 lakhs margin as backup
- Always play safe in this account, the aim should be to never lose money
Zerodha – 10 lakhs
My oldest and used to be the biggest account. It was worth 30 lakh once and now it’s 10 Lakhs. I am not adding any money into this account. Hoping to grow the account steadily.
I am lost most of money in this account. The next post will be on that. I have lost almost 30 lakhs in last 5 years and this year being the highest.
I think I kept on losing more money because I was trying to get back all the money. I am very careful on intraday trades but go Yolo in dec options. I mean I just hold onto things I should have left long ago.
Things to learn from mistakes:
- Exit the positions when it is going against you
- Don’t invest in equity with the option premium amount.
- If your position is theta positive hold out
- I was taking up positions not to sell my holdings. That needs to stop
Groww 2 Lakhs
Today I realised that their report sections is pretty cool. So this is going to be my investment account. Mutual funds and good stocks from here on. Research well before buying this ones. Just 10 stocks always and minimum investment 50000. Invest in SMEs too. Transfer funds to here from HDFC account at 20th of every month
Things to learn from mistakes:
- Don’t invest in companies without studying, I am running loss of 40k of 80k investment in Quicktouch technologies. God knows if that company exists or not
IIFL 2 Lakhs
My trading account. Use it to learn to trade. Only day trades. Take risks. Hold on. Don’t chicken out. Move funds to here when you have above 1 lakhs in HDFC account.
Things to learn from mistakes:
- Take trades and fucking hold on. Don’t settle for just 10 points. Try to trade 2 lots and exit one in small profit and let the other one run
- Don’t pledge stock here. Keep cash balance always. Invest profits in ETFs and gold-SGB. Keep 15% cash
ICICI securities 1.3 lakhs
I just have 2 ETFs in here. Would not do much with this account. Might try it once I have algo working!!
Vested 1200$
My US stock platform, will try to invest more money as I get funds. Aim is to reach 10k$s
So the plan for 2025 is to give updates on all the accounts every week. Need to keep aside time for that on Saturdays