Breakeven Day. Gave the market 2K again intraday trade went wrong

Carried Position Gone Right

Lesson : Always put reliable targets for intraday

• If you refer Yesterday .

• Yesterday I bought 200qts - 18750 PE for ₹36.10, today I sold it for ₹45.45.

• I had put order to trigger at 49. But when I checked CPR, CPR was on ₹45.60.

• Hence, I shifted my buy target to ₹45.45 which resulted in a near perfect execution.🙂

• Immediately after executing order it slumped towards ₹23.

• A potential 4.5K Loss was evaded.

• Intraday Profit should be realized ASAP.

• This especially applies to overnight buy positions.

Positions

Again same mistakes

• Unnecessary buy on the evening after 2.
• Cost Loss of -2K.
• A good day turned average day.

Days History 🥲

Note to Self

• PUT SL.
• Only do trending intraday.

Pay Off Diagram 🙂

• Double Diagonal turned to Iron Condor using the same hedges.