Hello, Well today was the last trading day of the financial year and I ended it in loss too but overall it is gains including equity gains so yeah it’s cool
Going to track all the gains weekly from next FY. Will maintain and excel and update the blog weekly with screenshots.
Aim is not to lose money.
So yeah all about todays trade, I had excited 22300 call at 4,000rs profit yesterday at price 12rs and today the market was a gap up and 22400 call was trading at 16rs so I sold it hoping to make 4k more. I took this trade while I was in the train and kinda sleepy.
I didn’t hedge it and It didn’t have stop loss. Got home forgot about markets.. slept off.. got a margin call from firstock and I exited the position at rs 112. Then the markets just crashed and the options expired at 0. “I should have held onto the position till day end”
Nifty had a really good bullish day and had a sharp fall at 3. I would have gained 23k if I hadn’t done anything today. My positions were that bullish already. I wish the positions were hedged or had SL. Always have stop loss and hedge when selling options on expiry day
Happy part is that overall positions were still not negative since other positions were bullish. I am bullish on nifty unlike last time where I lost lots of money holding onto my nifty shorts!
Play wide for next week! and play safe for the whole damn year. I am jacked up to the tits and gotta play safe!!