:: After the first week on back foot, and back to back losses. Took few days break, Traded again on 14th February, 2024.

Again, faced loss on 14th February 2024, on the first trade and exited at SL and taken the 2nd trade of the day which was planned and executed, and the market also traded on my favor and somehow managed to recover with minimal MTM loss towards the end of the day.

Trading Days of the 2nd week of February 2024

14th February, 2024

• Executed a plan
• But plan failed, didn’t go the way anticipated
• Cut the lossy trade early, managed the MTM with minimal loss with the 2nd trade as per plan

15th February, 2024

• Trade as per plan
• Worked in my favor, book profits with trailing SL after it was in green

16th February, 2024

• Pre-planned trade
• Market on favor, booked profits with trailing SL after it was in green

Key Take Aways:

1. Take a break after heavy losses
2. Don’t give up, come back strong
3. Always exit on stop loss
4. Train yourself to take Stop loss manually at levels decided
5. Once a trade is in profit initiate trailing SL, to avoid going back to red.

Immediate Plan

No plan to stop, continue with the same zeal and vigor. And it feels good to be winning again, just hopeful to continue with it.