Trading Income Report for July 2023: How I Earned 4817 Rs. This Month

There are lot of traders showing you their earnings but not exactly how they made that. So here is my trading income so anyone can get what is the reality of trading.

The reason to show my Income reports are just for educational purpose and not for advice.

I know this is not too much amount but still it gives me lot of learning that should give you a kick start.

This month I decided that I will do my trading professionally and grow month by month. I am in the market from last 4 years but I am doing it like gambling.

After watching lot of you tube videos, reading blogs and from my experience I learned that making money from market is not hard, but you need proper knowledge patients and consistency.

In this month my total investment was 50,000 Rs.

For become a successful trader you need four things.

• System to Take Trades
• Risk Management
• Journal
• Mindset (Psychology)

Let’s dive into my trading income report.

Trading Income in July 2023: 4817 Rs.

Positional Trades:

In this month I took 6 positional trades. This is my first month where I did trading professionally.

My 6 trades are as follows:

1. Bank Of Baroda
2. Bajaj Auto
3. Varun Beverages
4. AU Small Finance Bank
5. Astral
6. ABB India

From my 6 trades my 4 trades are in the profit and 2 trades in the loss.

For more information, please check my trading journal for this month.

You can see here is my journal and I got total realized profit 4880 Rs.

Sr No	Start Date	End Date	Stock Name	Long/Short	Entry Price	Exit Price	Trailing S.L.	Pyramiding	Position/Qt.	Profit/Loss	Capital	Monthly P/L
1	03/07/2023	05/07/2023	BOB	Long	191.15	203.5	NA	NA	166	2050	31730	–
2	05/07/2023	06/07/2023	Bajaj Auto	Long	4675	4912	NA	NA	9	1976	45000	–
3	07/07/2023	21/07/2023	Varun Beverages	Long	819.7	802.9	NA	NA	30	-504	24591	–
4	11/07/2023	24/07/2023	AU Small Fin Bank	Long	770.2	727.75	NA	NA	45	-1944	34659	–
5	13/07/2023	01/08/2023	Astral	Long	1855.95	2033	NA	NA	12	2124	22271	–
6	25/07/2023	02/08/2023	ABB India	Long	4323.85	4546.8	NA	NA	5	1115	21619	–
										4817		4817

So, if you check that I get approximately 9% profits of my capital.

Expenses in July 2023

• Regulatory Charges:
  • Sebi Turnover Charges: 0.43 Rs.
  • Exchange Transaction Charges: 14.64 Rs.
  • Stamp Duty: 31 Rs.
  • STT: 388 Rs.
• Other Charges:
  • GST: 42.89 Rs.
  • Brokerage: 223.25 Rs.

Total: 700.21 Rs.

Net Profit: 4817 -700.21 = 4116.79 Rs.

8.232% of my capital.

Strategy I Used for Positional Trading

I used 44 MA strategy. This is very simple strategy for me, and I learn this from Siddharth Bhanushali. Check his youtuber channel here.

This is very simple strategy. Just use two Simple Moving Averages. One is 44 and another is 100. 44MA for base and 100MA for trend. I will write detailed article on this strategy.

This strategy is best if you are beginner. I would suggest learn this and apply in your trading.

My Learnings of this month

• Making a journal is must if you want to go ahead and make profits.
• Stuck on your strategy it will make you profitable.
• Don’t buy stocks like 10 quantity, 1 quantity and 1 quantity, if you have not enough capital leave that trade and find another one.
• If you have small capital, you will make small profits. For huge profits you need big capital.
• Some trades will give you fast returns, but some trades will check your patients.
• Avoid late entry, because it will lose your money. and to improve accuracy it is very important.

Plans for Next Month

Currently I am doing a job. So, I cannot become full time trader.

Focus on learning and making profit again in next month.

Want to read a book on share market to know market more deeply.

Help one friend to start his trading journey.

That’s it for my Trading Income of July 2023

The purpose of this trading income is not showing how small money I am making from trading. I want to show that every trader starts from small and grows slowly.

Trading is not Gambling, it is a Business.

Success is like Bamboo Tree; you can see the results but not the roots.

I want to document my journey, and want to give a full proof path to become a profitable trader.

Thank you so much for reading – I’m very grateful you found your way here.