The plan said index. The book has a stock option.
Plan-versus-fill mismatches are countable, and counting them is less painful than feeling guilty about them.
A plan is only useful if you can check it afterwards. The check is unglamorous: compare the symbols you wrote down with the symbols you actually traded.
Diff the two lists
Planned instruments versus traded instruments, per session. Count the mismatches per month. Resist the urge to delete the off-plan trade so the month looks obedient.
Net P&L from trades that were not on the morning list. Illustrative journal data, not a live book and not a performance claim.
A blank plan is its own category
No morning card plus twenty fills is not a rule break, because there was no rule. It is unplanned activity, and it deserves a label of its own so you can see how much of the year it accounts for.
Short plans produce honest flags
A twelve-bullet plan nobody can follow will generate permanent breaches and then get ignored. Three lines you can actually keep will produce a flag that means something.
- Three lines or fewer, written before the open
- Named instruments, so the diff is objective
- A rupee loss limit for the session
- One rule you are committing to today
- Sessions with no plan labelled as unplanned, not as breaches
Key takeaways
- Compare planned symbols with traded symbols each month.
- Treat plan-less sessions as their own category.
- Keep plans short enough that the flags stay meaningful.
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.