This april has been quite a bit of busy month. I traded a lot. Here are the final numbers for the date range of 01-April-2012 to 16-April-2012 (only for closed positions):
Futures: Profit/Loss = -6,450.00. Brokerage Extra = 1668.4.
FuturePlus: Profit/Loss = -2470. Brokerage Extra = 11719.77.
Options: Profit/Loss = 5087.5. Brokerage Extra = 2377.36.
Note that futureplus made me lose a lot of money just because of brokerage. Its so easy to ignore brokerage at the time of trading that I ended up losing a lot on absolute terms. Options were the place where I did very little number of trades and I ended up with most profit and least brokerage.
As a conclusion, I believe, we should make few trades and let the trades run for a while and end up in reasonable profits. Doing too many speculative trades on futureplus can lead to disaster. So:
1. DO NOT OVERTRADE just because you have time and money!
2. Analyse your entries, exits, stop-losses and stock selection a little better so that you minimise number of trades and thus minimize brokerage.
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