Trading in Whisky's Style-It's an addiction

[whisky]

Stuck in AxisBank short & Vwap for 30M is holding at 1066, stock neither breaking down 1060 neither breaking up 1075
Keeping close watch for quick action:thumb:

Took timely exit, It could be a big loss:clapping:

 

[whisky]

Bought InfyFuture @3016.10, Target 3022 SL 3012:thumb:

SL hit It's a bad day, stopping trade for the time being

 

[whisky]

Bought InfyFuture @3016.10, Target 3022 SL 3012:thumb:

Hitting High Now:annoyed::annoyed:

 

[whisky]

EOD-My Learnings & Rules (I will keep on adding to it, to have one list)

R1- Book profit if price come close to your target, don't wait for exact rate.
R2- Taking quick action is the key in trading
R3- Stop trading for the day,if already got good profit for the day, don't be over confident
R4- Don't trade in a particular scrip/index if you are not confident about the move. It's better not to trade rather than trading wrong.
R5- Don't trade if risk reward ratio is not favorable.


L1- Keep a stop loss or a close watch, if your trade move confirmed in negative direction, take exit immediately.
L2- Focus on trade, opportunity can come at any time, don't miss trading opportunity, even a small opportunity can pay you big.
L3- Don't regret if you miss the opportunity, wait for the right one to enter.
L4- Trade patiently, quality of trade matters not the frequency/numbers.
L5- Stop trading for the day,if your most of trades are resulting negative for you. Remember, everyday is not your day.

:cheers:

 

[whisky]

Shorting AxisBank at 1061 for a target of 1049:thumb:

 

[whisky]

Shorting AxisBank at 1061 for a target of 1049:thumb:

Exit the position in loss @1071

 

[whisky]

Missed the long in Infy, moved so fast couldn't take entry Seems it will touch 3100 today only

 

[whisky]

Short on Axis Bank at 1098.80 target 1085:thumb:

 

[whisky]

Short on Axis Bank at 1098.80 target 1085:thumb:

Will book profit at 1091, bid already in place:thumb:

 

[whisky]

Will book profit at 1091, bid already in place:thumb:

Finally, got some profit:rofl: