6th March 2024, The Trades
Journal , Trading Life , Trading Mistakes
…seeing the market holding up in the range of 22250 – 22300 rangebound despite a free fall in US market,….[..]
:: The Beginning
Carried a bull put spread from yesterday (Tuesday), with bullish view in mind, idea was that Market Trading at all time high range, and a good dip allowing a good entry point. Note: I had carried a hedged NIFTY 50 trade with R:R almost 1 : 1.1.
The Fear, I usually do not carry over night trades but seeing the opportunity, I had taken and carried a trade from Tuesday, with US market crash last night I was overwhelm with fear of recurring loss before the market opened but since my trade was hedged I risked and kept the trade and let it run.
:: The Opportunity
At 10:30am seeing the market holding up in the range of 22250 – 22300 rangebound despite a free fall in US market, with a strong convictions and with Price action & Order flow chart added another lot with lower range of bull put spread.
:: The Order Book
:: The Day End
:: The Verified P&L by Dhan
It was an easy day today, the following the verified P&L