Another volatile day.
Again the bears set the trap to perfection and made the bulls run around. Nifty caved in and we had another negative close.
Our trade results improved slightly.
Based on global trends, we look to be set for another negative day in the market. Now is the time that our puts in Relcapital, Tatasteel, Idea, Tatamotors etc delivered. Some of them may do that today.
Let us be vigilant and manage the good trades rightly.
Trade cautiously, trade profitably.
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.
Divyank October 23, 2018 at 1:47 pm
Now I am being afraidReply
Santosh October 24, 2018 at 10:28 am
Intraday Trading will kill you much faster. The losses that you have right now which took you several days to make, intraday will make you lose that kind of money in a few minutes. So you decide.Reply
Mahesh October 23, 2018 at 5:05 pm
Volatility killing premiums, intraday is best.Reply
admin October 24, 2018 at 8:29 am
Volatility (reduced) killing the premiums is nothing new.That does not make day trading better.