The small gain in NIFTY was a big trouble for us.
Trouble came in the shape of ASIANPAINT.
It painted RED all over our trades. This was the only trade which was keeping us afloat in a difficult situation where all other trades had gone wrong.
Yesterday, this trade went wrong in a big way.
That proved to be our undoing for the month.
We are in a very deep hole now. Digging further will not be of any help.
We stop digging and just go through the day.
Trade cautiously, trade profitably.
Today the post on Throwing Stones At Mango Trees is not being posted as I am pressed for time.
Disclaimer: This post and examples are for teaching purpose only and are not meant as advice/suggestion to trade in these stocks. Trading in Futures and Options can lead to big losses and should be done with appropriate knowledge and advice only. Mentioning the stocks here does not imply that I have a trading position or likely to take a trade in these stocks.