Trade # 4
Short @ 8110 X Mod Qty
Trade # 3 is still Open.
Done with this as well.
Booked full @ 8088 = +22 X Mod Qty.
I am done here.
I introduced a new Day Stop in my Trading System ->
Profit Stop (Just like Day Limit Stop on Loss).
If I have pocketed more than 32 points in Nifty , I will not trade anymore. Done for the day.
Today the score was -5, +16, + 13, + 22 = 46 in this narrow range sucking market.
This is advised to me by one of my Elder who saw my trade journal- purpose, take fresh start each day and don't give away hard earned profit by over trading. Let see if it helps.
Ok Then.
See you all in Crude Oil Field in the evening. I have a positional Short open over there though. Shall manage that till evening. That's all.