Two stupid trades took away most of the profits, otherwise would have been a lovely day. Just managed to cover transaction costs in such a windfall day
No...I was short from a very long time...from 7905 .Then day before yesterday I covered part of my short positions below 7400 ....yesterday when the market did not go above my SAR level, I sold again in the afternoon session ..I could have taken a small loss had it opened with up side gap but took that risk as we were near SAR level...that risk paid off....
One has to take a calculated and defined risk...no one knows how the market will move in future...it is just management of risk...