Hello ! Here we are discussing one of the biggest mistake one rookie trader do in his innocence or in fear of Loss booking. Let us discuss a situation, we bought 100 scrip of India Bull Housing Finance on 03.06.2019 @ Rs. 814.00 for Intraday with a Target of Rs. 825.00. As you found that after taking trade it sustains around the same level and then starts going down afterwards. After some time, your trade starts showing losses and goes as low as Rs. 790.00 level.
Now what will you do??
Decision 1 : You will book the loss and close the trade.
Decision 2 : You will convert your Intraday Position to delivery.
For more info, please visit our website www.mynsetrade.com
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.