{"id":45,"date":"2023-08-05T10:54:39","date_gmt":"2023-08-05T09:54:39","guid":{"rendered":"https:\/\/hayooh.in\/?p=45"},"modified":"2023-08-05T10:54:40","modified_gmt":"2023-08-05T09:54:40","slug":"hayooh-im-still-messing-up","status":"publish","type":"post","link":"https:\/\/hayooh.in\/index.php\/2023\/08\/05\/hayooh-im-still-messing-up\/","title":{"rendered":"Hayooh, I\u2019m still messing up"},"content":{"rendered":"\n

Hello, at the end of first week trying to preserve capital and make money, to no surprise I did the opposite. I fact I did really really bad, wait let me show you.<\/p>\n\n\n\n

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The <\/figcaption><\/figure>\n\n\n\n

Nifty had these huge moves on 2 days before expiry and I held onto my weekly option sell confidently and finally ended up in loss, here it is<\/p>\n\n\n\n

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This was last Thursday\u2019s screen grab , so lesson learnt. Always hedge weekly option calls. Going to start doing that. Gonna sell 2 lots every week with about premium credit of 5k and gonna document all the trades using my new MacBook. It\u2019s time to be systematic.
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I don\u2019t hate myself much when losing money now. I feel like I am in it for the long game. I have that confidence that if I spent much time and effort and I can get competitive returns. It\u2019s better that I get the capital after I have figured things out. I have to overcome my emotions of holding on to losses though.<\/p>\n\n\n\n

Another stupid trade I took this week was Maruti 10000 ce. Started with 1 lot at the top and started adding lots, will exit it on Monday in loss. Maruti seemed bullish to breakout 10k and I added at the top without waiting. I really need to be patient and wait for the right trades. But then it started going down and ex-dividend date was coming too .<\/p>\n\n\n\n

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Well it\u2019s pretty big loss. The loss and profits in a day is equal to my salary at my first job. Kinda crazy right. Anyways I am gonna find good trades and risk money now. I need to do things I enjoy and have to become good at it. I have been pretty complacent till now, thinking I\u2019ll be able to make money without putting much effort.
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so even if I was in this game for quite long, the loss part hasn\u2019t changed even a bit even though everything else has changed. I recently saw a chat I had 3 years ago when I was making losses repeatedly and was looking for advice<\/p>\n\n\n\n

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Well as you can see, I haven\u2019t obeyed the advice and I planning to do it now. Let\u2019s see, I\u2019ll keep you updated<\/p>\n\n\n\n

The most important positive thing I got from trading is that, I see money as a material thing and don\u2019t get emotional about it. I am like chill, it\u2019s just money, we can easily lose and earn it. I love it about me. <\/p>\n","protected":false},"excerpt":{"rendered":"

Hello, at the end of first week trying to preserve capital and make money, to no surprise I did the opposite. I fact I did really really bad, wait let me show you. Nifty had these huge moves on 2 days before expiry and I held onto my weekly option sell confidently and finally ended… Continue reading Hayooh, I\u2019m still messing up<\/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":[4],"class_list":["post-45","post","type-post","status-publish","format-standard","hentry","category-kite","tag-trading-journey","entry"],"_links":{"self":[{"href":"https:\/\/hayooh.in\/index.php\/wp-json\/wp\/v2\/posts\/45","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=45"}],"version-history":[{"count":1,"href":"https:\/\/hayooh.in\/index.php\/wp-json\/wp\/v2\/posts\/45\/revisions"}],"predecessor-version":[{"id":55,"href":"https:\/\/hayooh.in\/index.php\/wp-json\/wp\/v2\/posts\/45\/revisions\/55"}],"wp:attachment":[{"href":"https:\/\/hayooh.in\/index.php\/wp-json\/wp\/v2\/media?parent=45"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hayooh.in\/index.php\/wp-json\/wp\/v2\/categories?post=45"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hayooh.in\/index.php\/wp-json\/wp\/v2\/tags?post=45"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}