Mission and Goals

Mission

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1000  points in Nifty  on an average per month by 2018

Goals

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1.300 points in Nifty on average per month by end of 2013

2.Introducing trading process for Record Management,Trade identification,Risk Management and Trading Psychology.

3.Aligning  all my process and following it 

Process Management

Trade Identification Process 
1.Set aside a specified time every day to undertake your market analysis, trade identification.
2.Update the blog every day [http://perfectniftytrader.blogspot.in/]
3.Update Market Observation section for the identified Trade.[http://perfectdailynote.blogspot.in/]
4.Undertake this role in a dedicated space that is quiet and comfortable, and where you are able to focus 100% on the task at hand.

Trade Execution Process 
1. Selecting a trade to executed from Market Observation Sections 
2.Making a entry in Trading Posting Cards 
3.Execute the trade 

Trade Management Process 
1.Monitoring and managing open positions, and recording these details.
2.Closing the trade on Profit Target


Risk Management Process 
1.Monitoring Open position so that risk plan is being followed

Mindset processes

Repeating aloud, every time a trade is executed, carefully crafted auto-suggestion sentences such as Mark Douglas’s Five Fundamental Truths and / or Seven Principles of Consistency and / or any other trading affirmations that you may have constructed.

Managing the trading process will enable you to remain emotionally detached from the outcome of individual trades and will allow you to focus on managing the performance of your trading system or systems according to the predefined rules of your trading plan

Daily Journalizing 
Keep details of all trades in a  spreadsheet, so that you know all the details of your closed  trades.

[http://perfecttradingjournal.blogspot.in/]

Weekly ,Monthly and Yearly Journalizing 
Keep details of all trades in a  spreadsheet, so that you know all the details of your closed  trades.

[http://perfecttradingjournal.blogspot.in/]

Intraday Journalizing 

1.Keep details of all trades in a  spreadsheet, so that you know all the details of your open positions and pending orders.
2.Filling the Trading Posting Card before every trade 
3.Personal Journal ~ writing your thoughts before, during and after trading

End of Sample Size 
1.Postmortem of each trade in the Sample Size of 30 trades 
2.What I did right or wrong 
3.Updating the plan on the basis of learning 
4.Improvement area of future sample Size 

I am concerned more about the process than the results..............