So with the benefit of hindsight i can now say that , exiting the long position yesterday proved to be smart move ( Feels good to say it even when i know there was no smartness involved in that. To be honest, FEAR of losing profit was much involved ).
Today's trades : Traded according to KPL swing ,Took short position in the second arrow instead of first since the later showed lot of buying. Lost around 1% of my capital trying to be over-smart with the indicator. If i had just shorted at the close of first candle the loss would have been much less.
Then took a long position at third arrow and almost all loss got recovered. I am carrying that trade for few more sessions along with an OTM option. Lets see... !
Trade details :
Today's trades : Traded according to KPL swing ,Took short position in the second arrow instead of first since the later showed lot of buying. Lost around 1% of my capital trying to be over-smart with the indicator. If i had just shorted at the close of first candle the loss would have been much less.
Then took a long position at third arrow and almost all loss got recovered. I am carrying that trade for few more sessions along with an OTM option. Lets see... !
Trade details :
No comments:
Post a Comment