General Trading Chat

vivektrader

In persuit of financial independence.
Pretty fast recovery in Bajaj finance, not only ruined the short, but also jeopardized possibility of buying for portfolio at lower level 2100-2050.
Unexpected.

Vivek
yes, for me also.... SL hit in BAJFINANCE trade due to unexpected sharp recovery...
Do you follow daily sequential? How do you manage Stoploss and profit booking?

Vivek
 
Do you follow daily sequential? How do you manage Stoploss and profit booking?

Vivek

Yesterday morning when I saw weakness in the counter, shorted it keeping previous day's closing price as SL. Then carried it for today. Today, kept yesterday's closing price as SL. I was expecting it to go down and complete ATR to book the profit... but SL hit.
 

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