What a fucking crazy move today.
Last Thursday nifty was going down so today, I was expecting a bullish move but this was beyond extraordinary. I didn’t make much money but I am glad I didn’t lose money.
I am not sticking to rules of entropy. If you are taking someone’s trades, then respect his stop loss!! period
The gain in entropy was 3.5% and my gain was 1.5% which is not bad but the whole idea of trading is big gains and small loses right!!
Yesterday there was a huge short covering move. I should have captured that based of OTM premium yesterday. would have been cool. Should try luck on downside next week
Anyways lesson learned on Crude trades too. I was not able to buy expiry day options but expiry day options was working pretty well. Need to trade crude from a account which allows expiry day trades