13th June 2024 – the Trades
Blogs , Trading Life , Trading Mistakes
SHILLONG :: Market opened at 23480 approximately, thereby allowing me good entry for call sell till gap fill, but I made a mistake in the trade execution, instead of call sell, I bought a call. I quickly close the trade, at …[..]…
:: The View
As per my early market view, I was inclined with a positive view no matter where the market opens.
:: The Opportunity
Market opened at 23480 approximately, thereby allowing me good entry for call sell till gap fill, but I made a mistake in the trade execution, instead of call sell, I bought a call. Realizing the mistake, I quickly close the trade, at 9:18am, and by that time, market has already started trading around 23430 levels, Therefore a straddle trade executed as below , expecting a cooling at this level:-
As the market was settling around 23360-70 Level, I added some more ATM & OTM put sell, with an expectation to rise from here, in line with my view. The orders as in the order book below.
:: The Order Book
:: The Chart
:: The P&L Graph
:: The Day End
All trades were closed at 12:00pm, as I had achieved my target today, and don’t want to loose my wins if any unwanted volatility at 1pm.
:: The Verified P&L by Dhan
It was an easy day today, and I made a small mistake while entering trade but I close the trade quickly and managed a good Positive(+) MTM, and the following is the verified P&L– verified by Dhan.