{"id":258,"date":"2025-03-04T08:11:16","date_gmt":"2025-03-04T08:11:16","guid":{"rendered":"https:\/\/hayooh.in\/?p=258"},"modified":"2025-03-04T10:10:07","modified_gmt":"2025-03-04T10:10:07","slug":"stop-taking-stupid-trades","status":"publish","type":"post","link":"https:\/\/hayooh.in\/index.php\/2025\/03\/04\/stop-taking-stupid-trades\/","title":{"rendered":"Stop taking stupid trades"},"content":{"rendered":"\n

I randomly entered in a trade today without considering risk management. I just shorted 100 shares of SRF which is clearly way above my risk zone. I just lost 4k like that.. Heck!!!<\/p>\n\n\n\n

Anyways I am going to take small mis trades in stocks in zerodha account here on by myself. The trade I took was based on someone’s stupid algo. Uff why am I doing that? I am more experienced and can take better trades if I am disciplined<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The strategy of stock traders would be breaking the opening 15 min range with low as sl and vice-versa. I should backtest this. And take trades according to overall trend in market.<\/p>\n\n\n\n

Will start tomorrow. And I will define the strategy below ones it’s fixed!<\/p>\n\n\n\n

Strategy:<\/p>\n\n\n\n

1)Opening range breakout: but stocks that break the opening range breakout preferable first 15 mins. I need to find so screeners to find these stock<\/p>\n\n\n\n

2)Resistance and Support: Buy stocks which break the resistance or support<\/p>\n\n\n\n

Rules: Stock are volatile always risk max loss per scrip at 1000 rupees and always have stop loss.<\/p>\n\n\n\n

Btw I went long on SRF today after losing money on it and got back the amount lost but them I traded again and lost a bit. I brought down the loss from 5k to 2k yaay<\/p>\n\n\n\n

4 March 2025 update – <\/p>\n\n\n\n

IIFL – 1k loss<\/p>\n\n\n\n

Zerodha – 2k loss<\/p>\n\n\n\n

will update tommorrow now<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

I randomly entered in a trade today without considering risk management. I just shorted 100 shares of SRF which is clearly way above my risk zone. I just lost 4k like that.. Heck!!! Anyways I am going to take small mis trades in stocks in zerodha account here on by myself. The trade I took… Continue reading Stop taking stupid trades<\/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":[8,5],"tags":[],"class_list":["post-258","post","type-post","status-publish","format-standard","hentry","category-intraday-mis","category-kite","entry"],"_links":{"self":[{"href":"https:\/\/hayooh.in\/index.php\/wp-json\/wp\/v2\/posts\/258","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=258"}],"version-history":[{"count":2,"href":"https:\/\/hayooh.in\/index.php\/wp-json\/wp\/v2\/posts\/258\/revisions"}],"predecessor-version":[{"id":261,"href":"https:\/\/hayooh.in\/index.php\/wp-json\/wp\/v2\/posts\/258\/revisions\/261"}],"wp:attachment":[{"href":"https:\/\/hayooh.in\/index.php\/wp-json\/wp\/v2\/media?parent=258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hayooh.in\/index.php\/wp-json\/wp\/v2\/categories?post=258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hayooh.in\/index.php\/wp-json\/wp\/v2\/tags?post=258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}