16 sept 2018

Trade date 14 sept 2018

Yet another day of loss ...but certainly a learning from it. Lets see if i could get a chance to implement in future....

My trade for 14 sept are as follows :

1) Nickel mini 2 lots
     Sell at   : 900.50
     Buy at   : 902.80
     Loss     :  460

2) Nickel mega 1 lot
      Buy at  : 903.30
      Sell at  : 899.60
      Loss    :  925

3) Nickel mini 2 lots
      Sell at  : 895.70
      Buy at  : 893.60
     Profit    :  420

Total :  - 460 - 925 + 420 = 965
Brokrg :  280 approx

Net Loss : 1245 rs

Learnings : Always set your target
       In the second trade where i bought mega nickel at 903.30 after that it made a high of 911.30 approx ( u can check it ).It means that i was well in profit after recovering loss of the first trade.But i kept holding my position and aiming for more profits...what happened then was it went down suddenly and my loss extended.

So always set the target be it a minimum of 200 rs .If you see your daily set amount achieved exit the market and  to stay back