Wednesday, December 14, 2011

Fear of making money


We are back in business, we have recovered all our losses and now again standing on more than 10.00% in trade book.

Before reading any further please visit the link: NOT SO FUNNY

Option Trade book and intraday analysis Dec 14, 2011


Learning:
  • There was some mistakes we committed which force us to lose all our previous gains, because we deviate from our own rules
  • We should not have go with more than 4 lot at a time in past
  • Should have avoided trade on the day we booked loss, because it often freez our mind and we do not want to change our perception at that time, but if we trade day it would give us chance to Analise the situation afresh
  • I took chances at right time to recover all those losses
  • Again I have made position with call option of 4700 @ 160.00 (it should have been avoided)



We will continue with less number of lot from next trade

1 comment:

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