{"id":224,"date":"2024-10-09T17:29:57","date_gmt":"2024-10-09T16:29:57","guid":{"rendered":"https:\/\/hayooh.in\/?p=224"},"modified":"2024-10-09T17:29:58","modified_gmt":"2024-10-09T16:29:58","slug":"why-i-cant-let-go-of-my-positions","status":"publish","type":"post","link":"https:\/\/hayooh.in\/index.php\/2024\/10\/09\/why-i-cant-let-go-of-my-positions\/","title":{"rendered":"Why I can&#8217;t let go of my positions"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">I tend to keep holding onto my positions and it leads to more and more losses. I need to get out of positions asap. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Another reason I can&#8217;t let go of positions is because I have a opposite position in loss.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">I was having a wonderful FY24 with all icici and firstock account in good profit and I started taking stupid positions. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">And nifty just crashed, back to the levels it was a month ago<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"812\" height=\"1024\" src=\"https:\/\/hayooh.in\/wp-content\/uploads\/2024\/10\/image-1-812x1024.png\" alt=\"\" class=\"wp-image-225\" srcset=\"https:\/\/hayooh.in\/wp-content\/uploads\/2024\/10\/image-1-812x1024.png 812w, https:\/\/hayooh.in\/wp-content\/uploads\/2024\/10\/image-1-238x300.png 238w, https:\/\/hayooh.in\/wp-content\/uploads\/2024\/10\/image-1-768x968.png 768w, https:\/\/hayooh.in\/wp-content\/uploads\/2024\/10\/image-1.png 1125w\" sizes=\"auto, (max-width: 812px) 100vw, 812px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Fucking 1500 points fall, I really wish that it stops here. And it makes me wonder what the fuck I am I really doing.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">CFA exams results will be out tomorrow and I might fail for sure. I need to spend 1000 dollars to pass that now. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">I kinda lost like 3 lakhs rupees, I made over past 2-3 months in a week and snowball just made 4 lakhs in a trade by spending 9k. Well this trade was a hedge. God, when will I be able to trade like this!!<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"191\" src=\"https:\/\/hayooh.in\/wp-content\/uploads\/2024\/10\/image-2-1024x191.png\" alt=\"\" class=\"wp-image-226\" srcset=\"https:\/\/hayooh.in\/wp-content\/uploads\/2024\/10\/image-2-1024x191.png 1024w, https:\/\/hayooh.in\/wp-content\/uploads\/2024\/10\/image-2-300x56.png 300w, https:\/\/hayooh.in\/wp-content\/uploads\/2024\/10\/image-2-768x143.png 768w, https:\/\/hayooh.in\/wp-content\/uploads\/2024\/10\/image-2.png 1280w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">I need to move out of long term option selling. It&#8217;s not working for me at all!!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">No more new positions in firstock and icici after December options expire<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Issues with accounts: <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Firstock: Always gets margin called, but they don&#8217;t square off asks us to handle. That is great. Always keep the account hedged and have 1 lakh free margin always. Use it to sell deep long term OTM option, and reinvest the same<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">ICICIdirect: Crazy account, I mean I can&#8217;t really understand the margin most times. planning to use it for monthly trades and close positions before 1st. So that EMI gets reduced without any hiccups on 5th. I can do that since I am not over leveraged. Just need to get 10k every month. I can survive <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Zerodha: Just play with dec options do nothing! It&#8217;s like Yolo money<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I tend to keep holding onto my positions and it leads to more and more losses. I need to get out of positions asap. Another reason I can&#8217;t let go of positions is because I have a opposite position in loss. I was having a wonderful FY24 with all icici and firstock account in good&hellip; <a class=\"more-link\" href=\"https:\/\/hayooh.in\/index.php\/2024\/10\/09\/why-i-cant-let-go-of-my-positions\/\">Continue reading <span class=\"screen-reader-text\">Why I can&#8217;t let go of my positions<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-224","post","type-post","status-publish","format-standard","hentry","category-kite","entry"],"_links":{"self":[{"href":"https:\/\/hayooh.in\/index.php\/wp-json\/wp\/v2\/posts\/224","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hayooh.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hayooh.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hayooh.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hayooh.in\/index.php\/wp-json\/wp\/v2\/comments?post=224"}],"version-history":[{"count":1,"href":"https:\/\/hayooh.in\/index.php\/wp-json\/wp\/v2\/posts\/224\/revisions"}],"predecessor-version":[{"id":228,"href":"https:\/\/hayooh.in\/index.php\/wp-json\/wp\/v2\/posts\/224\/revisions\/228"}],"wp:attachment":[{"href":"https:\/\/hayooh.in\/index.php\/wp-json\/wp\/v2\/media?parent=224"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hayooh.in\/index.php\/wp-json\/wp\/v2\/categories?post=224"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hayooh.in\/index.php\/wp-json\/wp\/v2\/tags?post=224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}