Day Trading Crude & Nifty using SuperTrend

Hello Traders,

I am an small trader who traded some time back and lost some money. Due to family business work I quit. Now I have time to trade so I decided to start trading. I am starting this thread as a trading diary to improve my trading by taking suggestions from seniors.

I decided to trade MCX Crude Oil Futures and Nifty Futures by using SuperTrend as an indicator. SuperTrend settings are (14, 3).

I already started trading in Crude oil from yesterday and Nifty from today.

Capital for Crude Oil : 100000 INR

Crude Oil Position size : 1 Lot ( 100 Barrels )

Capital for Nifty : 100000 INR

Nifty Position size : 1 Lot ( 75 Quantity )

I will not carry any overnight positions. Will be squared off by day end.

Target is 10 % earnings per month. I will share updated statistics over here every week.

Suggestions are welcome.

Thank you

Vamsi

Day Trading Crude & Nifty using SuperTrend