My Trading Journey

 Again and again, don't take more than 2 stoplosses. FOLLOW RULES. Also from RBL, don't be hesistant in taking the trade.  Same in Bandhan bank. Once a trade is taken , follow the rules and stoploss. Don't be bothered by momentary drawdowns.

 Did the mistake in Infosys. Stoploss was hit twice but the pricing was wrong.  IPCA labs - sell on retracement - very high probability trade

 Never underestimate the power of 200 moving average as in Sunpharma today. First mistake I did was didn't put a stoploss and second mistake was taking position size 5 times more than the limit and that too in a +ve trending market. Took a short trade in MCX due to hammer pattern .

 Followed rules but it was not the day. Need to optimize the rules - trend change at 12 PM Good trade in Chola Finance when it closed below 200 Moving average at top.

 Followed rules today but still broke one rule. Always buy on retracements like Minda industries

 Followed rules today but again kept shorting in DLF when there was a complete +ve trend in Reality. Change your mindset and never short in a +ve market and similarly never buy in a bear market.

 1. Never overtrade with more positions. Learnt the lesson hardway in ITC. 2. In UBL, there was a perfect trade as stock bounced from the previous resistance. Same was the case with BEL. 3. Broke rule in PathLabs. 4. Support from supertrend and 200 moving average is very important. 5. Asian paints reversal trade from supertrend by Gap filling.

 Today again the rules were broken. Importance of moving averages. If there is a green candle above 200 MV, then buy above it. In AshokLeyland and PVR. Also, in a +ve market, don't short or even if shorted, put a sufficient stoploss. Also, took wrong trades in NTPC and Powergrid. Lost where profit was to be made. Need to be careful in future.

 7 Dec 21 - Always follow rules UPL - SL hit - shooting star from supertrend doesn't work so take the trade again and put SL at initial SL. Didn't took the trade in NationalAlum. Always follow rules. Same trade in Indigo, MFSL and AlKEM. Every trade was profitable today but I didn't follow rules. Same inner candle trades in Shreecement, TataConsumer and AsianPaints. Also, after 230 PM if there is a red candle or bearish candle then trail the stoploss. NEVER DO OVERTRADING and NEVER MANILUPATE POSITION SIZING

 6 Dec 2021 Learning today - no matter what happens never do overtrading. Also, stick to rules. Can short at gap fill. Also there is a resistance at 200 MV so have a SL a bit above that as in case of Tech mahindra UPL - rule broke Shorted when breakout happens - also volume was large. Again in Godrej Properties didn't take the short trade when it was a clear signal. 1. Second candle broke 200 moving average. 2. It was an inner red candle The same inner candle gave profit in Lalpath labs, PVR, Titan,Wipro,Powergrid Also, we can short at the gap up closing as in case of BharatForge

 3rd December 21 Chambal Fertilizers Did reverse trading and lost - Never do reverse trading and don't take wrong position size.  SBILife - Followed the rules - Don't take reverse position after 2 PM Infosys - Didn't follow rules.

 Trading Journal - 2 Dec 21 MISTAKE - Didn't follow rules. After SL hit take double position and double target. IndusInd Bank Indigo IEX Biocon - Take profit at the moving average with a SL of .5% Today the market was all +ve so need to take profit early in all short stocks. If the market is negative then I can let profits run in shorts but in a +ve market in any +ve candle need to get out of the short trade. In ONGC did the mistake of shorting the stocks on seeing the third red candle. It was a buy stock wth stoploss  below the 5th candle wick. Sun Pharma - it was a buy call - higher high in first 3 candles In Axis bank entry was correct but trailing stoploss should have been used especially if there is a bullish engulfing candle at the bottom  Heromotoco - followed the rules and earned the profit Learning for today - Always follow rules and cut your losses. If more than 2 stoplosses in a trade don't enter again. Also, once overall loss for the day is 2% of the overall c...