Thanks jagankris for the comments! I am glad to hear them
Here are my replies -
No but, luckily my job allows me to have two laptops at the same time, one is work and the other is for misc stuff. This means there are times when the terminal is not manned and I am exposing myself to certain risks when I am caught up in meetings, etc.
Which one do you recommend? I am using Zerodha at the moment.
I did make some losses initially, but overall I squared off in the green for this particular trade after averaging, so is averaging not a good thing to do?
You also talk about how one should not hope for a trend reversal when the going is bad....Fully agree...I know hoping is something I should avoid at all costs. It's the human side of trading that I should keep curbs on...In fact I should now re-assess my holding and see if I should get out of them now...else just square them off.
And yes, I don't have a solid platform, stategy per se, but so far I have been following the markets trends, and being alert to stock/sectoral specific news...
As for tips, I agree with you. I should not really fish for tips and should base my entire trading decisions on my own analysis.
I like your suggestion in point no. 2 and I think I am going to try it. Short ruthlessly against your positions when trend reverses.
Besides this, I am trying to spend as much of my free time as possible in trying to educate myself on trading tools and strategies. So far my exposure to them is none. As I said earlier... I am more of a tukka trader, but i know this is not sustainable for too long...
Here are my replies -
All the Best for your dream :thumb:
1.Since you are doing day trading - You have quit your job ?
1.Since you are doing day trading - You have quit your job ?
1.Better to go for flat broker - so that you could save on the brokerage front.
3.Averaging loosing trades.
(SBIN Trades on 6th July and 7th / ).
(SBIN Trades on 6th July and 7th / ).
You also talk about how one should not hope for a trend reversal when the going is bad....Fully agree...I know hoping is something I should avoid at all costs. It's the human side of trading that I should keep curbs on...In fact I should now re-assess my holding and see if I should get out of them now...else just square them off.
And yes, I don't have a solid platform, stategy per se, but so far I have been following the markets trends, and being alert to stock/sectoral specific news...
As for tips, I agree with you. I should not really fish for tips and should base my entire trading decisions on my own analysis.
I like your suggestion in point no. 2 and I think I am going to try it. Short ruthlessly against your positions when trend reverses.
Besides this, I am trying to spend as much of my free time as possible in trying to educate myself on trading tools and strategies. So far my exposure to them is none. As I said earlier... I am more of a tukka trader, but i know this is not sustainable for too long...
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