Abstract
I traded with a bullish bias for the primary 2 weeks however went bearish for the final 2 weeks of the month . For Jul-2025, the gross realized loss stands at -23.7% and the online realized is at -25%. This brings the FY25 whole to 22.7% realized positive aspects to date. The loss seems to be extra pronounced since I’ve elevated the place measurement by 40% as in comparison with earlier quarter.
The quarterly outcomes are as follows:
Market Outlook
As per the present worth motion, my stance is bearish. The market broke out of the vary above 25200 however now it’s again within the vary of 24500 to 25100. The long term vary seems to be extra like a distribution section the place every aggressive upmove is bought off to make new lows linearly. I’m anticipating a continuation of the bearish transfer and can go bullish solely past 25500.
Trades Distribution
Within the 23 buying and selling classes, I took 27 trades that consisted of 23 intraday and 4overnight trades. If we contemplate the income distribution, the intraday trades made -28.4% and in a single day trades made 4.7%. The trade-wise PnL is proven within the chart under:
The market was very uneven throughtout the month with very brief developments in between. As evident from the breakdown, many of the losses got here from the intraday trades.
The costs constituted almost 1.3% of general capital which has decreased now resulting from decrease premiums all through the month.
Retrospection
This a month the place what may go improper did go improper for the technique. One of many key highlights is decreased buying and selling prices which might carry the price of buying and selling in the long term. There have been no buying and selling errors however as a result of pattern following nature of the present deployed technique, we confronted a big drawdown section on this sideways market. We’ve got seen two larger drawdowns than the present one previously 5 years for this technique. Hopefully the approaching developments can carry new fairness highs quickly.
Disclaimer
The buying and selling efficiency and outcomes shared on this article are based mostly on my private expertise and historic information. They’re offered for informational and academic functions solely and shouldn’t be construed as monetary or funding recommendation. Previous efficiency will not be indicative of future outcomes. Please do your individual analysis and seek the advice of with a licensed monetary advisor earlier than making any buying and selling or funding selections.
