Psychological "Mistake.......Lesson Learned....Trade based on external factors and assumption...
Though Put Option was in reversing pattern...."We" did psychological mistake....based on Dow & SP...forming ATH.....and ignored our level completely..
Taken long in 10600 call option December at 59.80....trade against our rule.....but...not with volume...because ....our rule cautioned "No"
We did only 2 lot basis...knowingly....did the mistake....(not costly mistake)...
Loss of Rs.5180.....not a big deal...we can take it out with in a day...
Point and Moral of the Story...
Always, go as per our set of rule....not by external factors...
Let us rock...with our Rule...in the coming days...nothing to worry..
Cheers...and be happy...
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.