My intraday trades in nifty options

[boarders]

out at 69.5

 

[boarders]

bought pe 73.8 sl 64.6 tgt 92

 

[needless101]

..and then it fell

 

[boarders]

exit at 71.75

 

[boarders]

5 trades gross 67.5 + cost 130 = net 197.5 loss

the first trade of the day in ce I got trigger when it was 62 around 0916 am, but as last 3 days were in loss, i couldnt bring myself to pull the trigger and then entered late at around 75 which resulted in only meager profit - psychological barrier

 

[boarders]

..and then it fell

cant predict direction with precision, we can only deduce and enter in the general direction of trend and hope the trend continues otherwise we have to execute the stoploss which will surely trigger and control the loss - that is trading

 

[boarders]

today will trade 6000 ce and 6100 pe

 

[rajsumi121]

cant predict direction with precision, we can only deduce and enter in the general direction of trend and hope the trend continues otherwise we have to execute the stoploss which will surely trigger and control the loss - that is trading

great quote .. big big thanks ..super like :clapping::clapping::clapping:

 

[TraderRavi]

cant predict direction with precision, we can only deduce and enter in the general direction of trend and hope the trend continues otherwise we have to execute the stoploss which will surely trigger and control the loss - that is trading

yes true, the problem is as a momentum trader we never know when will momentum stop, it can give u some points or it can reverse from the spot where we bought, as usual is the case, cause generally range is small for daytraders............:lol:

 

[boarders]

bought ce 89.4 sl 77.5 tgt 106