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Tuesday, January 31, 2023

31-Jan-23: Day trader salary, Part time day trader salary -18450

1> Link to the  Chart






  • Again a worst performance, I couldn't control myself even my mentor (Ghanshyam Trader) informed that it is a very Risky trading during the Budget time
  • Again will bind myself with the 2 Trades per Day - only 2 Trades per day

Learnings

      • Market is volatile in Nature, Budget news is coming and the Option Premium are at very high
      • 200 Pips movement is here and there, need to be careful
      • Also - I missed early morning rally and entered late - had to accept the loss 
      • then I traded for double bottom and it with the stop loss
      • Again the day low - traded for continuation and caught by the Big guys 
      • Good that I could catch the rally at end of day, at one point of time, the account was negative -13K and eventually the Market and the SIP supported me to close it ~ 2420 - Thank you God 
      • Be very careful when market is waiting for an event & trade with strict stop loss  


      Thank You!!
      Regards,
      Avinash Sawant
      +91 9975415566


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