Gaps, carry, and the morning that ignored your plan
Holding past 15:30 is a different sport. Flag it, so your statistics stop mixing two games.
An intraday trade dies at 15:30. A carried position spends the night with global cues, crude, currency and whoever tweets at 11pm.
They deserve different columns in your book, because the risk you took is not comparable.
One flag fixes a lot of confusion
Same-day or carried. That single field stops your win rate from averaging two different activities, and it makes the hold-duration chart honest.
Same-day
- Risk ends at 15:30
- No gap exposure
- Costs repeat every round trip
- Reviewed on the day card
Carried
- Overnight and weekend exposure
- Gap can jump your stop
- Margin and funding matter
- Reviewed across sessions
A gap through your stop is an event, not a verdict
Write it down as what it was: the market opened past the level you had chosen, and the exit filled where liquidity allowed. That sentence takes ten seconds and prevents a month of vague resentment.
It does not imply that carrying positions is reckless. Many books never hold. Many do. The journal records which one yours is.
Difference between planned stop loss and where the position actually exited after a gap. Illustrative journal data, not a live book and not a performance claim.
Keep the macro chatter in the notes
GIFT Nifty, US futures and overnight headlines belong in free text on the morning card. They are context for why you did something, not a model, and definitely not a signal the journal should generate for you.
Key takeaways
- Flag every trade as same-day or carried.
- Log gap-through-stop as an event with the actual fill.
- Macro cues stay as notes, never as software signals.
Not advice, not a call. NiyataBook is a personal trading journal, not a SEBI-registered investment adviser or research analyst. Everything above looks backwards at trades that already closed. What happened in a book does not promise what happens next, and F&O can take a year’s savings in a week.