The TraderMan Diaries

Here is the story of a fictional trader simply called as The Traderman. We come to know his story through the diary entries he makes real-time. His diary entries for yesterday are given below.

What morning already!!! Oh no! daughter is all ready to go to school and I need to drop her. Let me pick up yesterdays clothes, wet my hair and I am all set. It is a crime to be so good looking!

S&P has closed up 3.4% yesterday night, I am long Nifty. Ha! Today is the day when the world will bow to my trading genius.

Asia is up and SGX Nifty is up 50 points. I am going to rake it in today.

Get out of my way! The car that just cut into my lane better watch out. I am unstoppable today. The local Nifty has opened and is already trading up 50 points. My dealer colleague tells me there is foreign buying. Naturally. The shaanas must have heard that I went long. They keep tabs on my trades. I try my best to keep it a secret. The foreign buyers and I have been playing this game of "Follow my trades" for a long time now!

My friend just called me for my views. I told him I am long since yesterday and I could almost see him go green with envy. He is still short...the loser.

F***. The Blackberry must be incorrect. It is not yet 10 in the morning and the Nifty seems to have given up all its gains!

I am the Master of the Universe. Not for nothing do they call me The Traderman! The Nifty is back up and we are at almost the morning highs. Can the Nifty go up 100 points today? It might even go up 200 if some idiot in Europe makes the right comments.

Can't the Europeans get their script right? The whole world knows they are in trouble. Why do the d**k h**ds have to go and emphasize it?. The a...h...s. Maybe I should advise them what to say.

F*** them. This anchor in CNBC is looking great. They always call me for a telephonic interview. Why can't they call me to their studio for the program she conducts? Maybe it is because the cameras cannot handle my good looks! Being so good looking comes with its own disadvantages :( It is true what they say. Every blessing comes with its own curse!

I cannot believe it! The Nifty is in the red. I am actually losing money. There is still one more hour of the market. Fingers crossed. There is still hope.

Wait my phone is ringing. It is the same friend who is short. Probably wants to crow that b**t**d. I will push the "Ignore" button.

What a waste of a day. The Nifty has closed 10 points down. The only saving  grace is another friend is long a larger quantity and has lost much more than me! I am feeling better already.

I hope S&P fares better than the European markets. In any case I am now going home and watching a nice movie. Need to work out this stress.

Tomorrow the market better behave. I am still long and my stoploss levels Dear Diary is at 4936. Even if the Nifty goes below those levels, please God let it not gap down. I hate it when the Nifty does that.

I just saw S&P, it is up around 3 points. Another 5 odd hours to go. Please God let it remain positive. The d**b European markets are following the US and are up now. If my luck holds then Nifty will move up tomorrow. I will then call my friend and show him who is the boss! Will love to hear him squirm about his short positions.

Finally before I sleep, I have to note down my turn points for S&P and DAX. In my paper trading, I will short S&P only below 1150 and DAX only below 5650.