Date : 16 may 2018
first trade was on VEDL. This is a classic mistake that I do very often i.e. not waiting for the candle close, and joining in a trade assuming that eventually candle close will be in my favour. I had to wait for the first 30m candle close here and then evaluate the setup, But I entered long on 1st 5m candle itself. After 9:30, I realized there was no setup at all.. A wrong trade here..
Trade 2 was on CIPLA, after a very sharp fall in morning, price failed to continue. Price was making higher low. (i have wrongly marked them as higher high in chart).. Wen long above the higher high above EMA, but price failed to trend and hit the SL.
Trade 3 was on SUNPHARMA, Price broke out above morning range. Attempted LONG after a pullback. But price failed to resume and went for the SL instead.
I had not kept a screenshot of my order window yesterday and now today its not accessible. So giving screenshot of only contract note.
Net Equity is down more than 3% in 3 session. Need to be very very careful from here on...
first trade was on VEDL. This is a classic mistake that I do very often i.e. not waiting for the candle close, and joining in a trade assuming that eventually candle close will be in my favour. I had to wait for the first 30m candle close here and then evaluate the setup, But I entered long on 1st 5m candle itself. After 9:30, I realized there was no setup at all.. A wrong trade here..
Trade 2 was on CIPLA, after a very sharp fall in morning, price failed to continue. Price was making higher low. (i have wrongly marked them as higher high in chart).. Wen long above the higher high above EMA, but price failed to trend and hit the SL.
Trade 3 was on SUNPHARMA, Price broke out above morning range. Attempted LONG after a pullback. But price failed to resume and went for the SL instead.
I had not kept a screenshot of my order window yesterday and now today its not accessible. So giving screenshot of only contract note.
Net Equity is down more than 3% in 3 session. Need to be very very careful from here on...