I woke up at 10 am today and my overnight stock calls were in profit of 6k yaaay.
I was feeling like not trading, didn’t look at the screen much. But then I took one trades ended in 600 rs loss thats fine, no. I took out again loss became 1200. Then I trades in opposite direction loss became 2400 and finally took one trade in the opposite direction and loss is now 5k
I good thing about the day is that RSI do really work at least in reversals is useful in exiting positions and reentering
What I need to understand is that SL is to limit the losses so don’t trade after that!
You saved money- You didn’t go bankrupt!!
Lost 5k for nothing!!!!!!!!!!! I lost the money I earned via stock call gain. idiot
Entropy calls were still good
He just made 4500rs on a single call in an hour. I need to take similar trades too even if not now, may be in due time!
I need to be patient and really enter when it the right time. It’s okay even if I don’t trade. I just should not lose a lot of money!
one good thing is that margin has freed up since its just 9 months to dec so yeah I have sold 9th April 23000 and 22800 pe for 80 rs and that would be 6k!!
That can end up on loss too. Lets see.
I should withdraw 50k from Zerodha account too