today i learned something completely new about psychology of male n female, related to trading, which i share here, maybe it will helpful for someone to understand their psychology n help improve
in morning, i say my 2 cousins, 1 18 year boy, n 1 19 year girl.... that only looks for short opportunities as bigger trend is bullish, n short the 18400PE from supports in nifty spot n resistances in option chart....
both of them followed instructions properly....
i give them daily target of 20 points in nifty premium
both of them use zerodha n have pivot n cpr on chart to know support n resistance on option chart
both of them fill order on 10:15 am candle when nifty spot day low was broken
girl already give limit order at 120 as cpr low range was at 120.75....
boy fire market order n it fill at 121.4
girl give stoploss limit order at 130, n boy did not give any stoploss as he highly confident....
girl take 3 trades at 120 n cover at 110 and use 130 stoploss in all 3 trades.... she not expecting big moves
boy still have open trade n expecting price to fall till 90 n break day's low
in both scenarios, profit is 30 points which girl already make even when market didnt rise much
from observing their behaviour n discipline/non discipline, i learned 1 thing today....
mostly all lady is very discipline n good management n perfect in trading by default