Now looking back at this thread, I changed my rules.
1. I do not trade ORB now.
2. Further, I have limited myself to just One Scrip viz. BEL current Month Future.
3. I withdraw surplus in the account every day.
4. If account goes below Rs. 1,40,000/-, I do not withdraw until it is earned back.
5. If account loss is more that Rs. 40,000/-. I would take a break and try to figure out next action plan.
6. No daily targets.
So many rules went out of the window in less than 2 weeks.
Sridhar Garimella
1. I do not trade ORB now.
2. Further, I have limited myself to just One Scrip viz. BEL current Month Future.
3. I withdraw surplus in the account every day.
4. If account goes below Rs. 1,40,000/-, I do not withdraw until it is earned back.
5. If account loss is more that Rs. 40,000/-. I would take a break and try to figure out next action plan.
6. No daily targets.
So many rules went out of the window in less than 2 weeks.
Sridhar Garimella
Great going.
So, what shall be your Trading strategy now?
Perhaps starting at 10.00 hrs. and deciding upon the trade as per the trend of the scrip BEL.
Awaiting your reply on my two mails sent to you earlier.
Watching Bid & Ask prices as suggested.
Happy trading.
Vijay