Dear Day Trader Friends
See my todays problem a stock from -1 percent rose to 2.5 percent and I shorted it at 5 percent level but with in few seconds it went up by another 5 percent
I could not get time to place a stop loss and my whole day earning were converted to loss of Rs 43 this banking stock increased by 11 percent in a day ....
Whats your experience in such cases .....I think I should have monitored its price chart and should have waited for short covering to stop what do you think
Thanku
Hare Krishna
Ganesh
See my todays problem a stock from -1 percent rose to 2.5 percent and I shorted it at 5 percent level but with in few seconds it went up by another 5 percent
I could not get time to place a stop loss and my whole day earning were converted to loss of Rs 43 this banking stock increased by 11 percent in a day ....
Whats your experience in such cases .....I think I should have monitored its price chart and should have waited for short covering to stop what do you think
Thanku
Hare Krishna
Ganesh