It’s 30 July and my P&L statement for this financial year looks like this. I had started this year with hopes to be always in green and make really good profits but things turned around pretty quickly. I didn’t even realise how bad it was until now. Now it’s time to turn things around. So let’s plan
So yeah my current portfolio value is at 13 lakhs, it was more than 25 lakhs once. Yeah it’s been a downward spiral journey. But yeah the irony was that I never needed the money and still I made the losses trying to make the money. Now it’s like I need the money, I mean that I am going to spend the profits, invest it and so . The only regret I have now is that I could have gone on a Europe trip, bought a nice car with sunroof so and so. I didn’t . I just had one goal to make the account size 1cr as soon as possible and it clearly didn’t work
So goal from 1 August is to save capital. I really should try not to earn back the losses. I do actually do well when I am disciplined. I am gonna actively update my strategy(I don’t think I have one) and ideas here.
One idea is to move the excess funds tans make it a 10 lakhs account and grow it over time. I think I should do that. The rest of money I feel like it’s better to spend it or keep in in bank account rather than trading with it.
I want to get better at trading, I mean really good. If I can reach there then this blog would be a literal dream diary. There are chances that I may not reach there. So yeah I need to restrict my losses and grow my account my earning money and investing. That’s the plan 🙂
So yeah, we all have this human urge to get back things we have lost at any cost and that was one thing which is still causing me to lose money. I hope I don’t forget that
so nifty is at 19500 now after almost reaching 20k and if nifty crosses 20k I am gonna be super bullish in my positions. And exit call sells that’s the plan