1> Link to the Chart
Learnings
- Market moved down, I was expecting it will give some bullish move and then continue bearish, Market Opened down and remained downwards - I was bit shocked by the behavior of the market, then decided to take up the trend.
- Participated in the downward rally earned 1221 rs, then after few time, NIFTY was showing downtrend so again I Thought to participate with strict stop loss and STOP LOSS hits
- the account which was positive in the morning now went negative in the afternoon, then I thought of how can I recover loss took a new trade - and ended up in a loss
- Then waited a long long time for a short recovery about after 2pm traded for this and now I could close with this I could protect
- Finally ended up the day with -900 loss
- I m happy that I didn't loose much and could comeout with minimum loss
The Point is I need and must have to be a neutral behavior to the market - don't think to much on the market - why and where it opened Participate in the rally and keep the relative stop loss.
Thank You!!
Regards,
Avinash Sawant
+91 9975415566
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