Breakeven Day. Gave the market 2K again intraday trade went wrong
Carried Position Gone Right
Lesson : Always put reliable targets for intraday
- If you refer Yesterday .
- Yesterday I bought 200qts - 18750 PE for ₹36.10, today I sold it for ₹45.45.
- I had put order to trigger at 49. But when I checked CPR, CPR was on ₹45.60.
- Hence, I shifted my buy target to ₹45.45 which resulted in a near perfect execution.🙂
- Immediately after executing order it slumped towards ₹23.
- A potential 4.5K Loss was evaded.
― OptionsMaddy, Today's Trade
- Intraday Profit should be realized ASAP.
- This especially applies to overnight buy positions.
Positions
Again same mistakes
- Unnecessary buy on the evening after 2.
- Cost Loss of -2K.
- A good day turned average day.
Days History 🥲
Note to Self
― OptionsMaddy, Today's Trade
- PUT SL.
- Only do trending intraday.
Pay Off Diagram 🙂
- Double Diagonal turned to Iron Condor using the same hedges.