2. Always wait for candle to complete and confirm it with next candle only after its completed. It's okay to loose a few points. You will anyways make money if your analysis is right.
3.Restrict your daily trade orders to less than 5 to have quality control & to reduce costs. Pls

Lessons : ( I m not sure of naming it “lessons learnt” as this is not the first time I m making the very same mistake. This time hopefully I ll learn as I m documenting it here.)

1. Never have FOMO, you are living a good life. Have gratitude. Take trades objectively.

Trade 4 : Again same FOMO trades of Nifty 25400 CE
Was feeling FOMO a lot as I had left Good runaway rally early.
Couple of trades between 3.03pm and 2.29pm. 1600 rs loss.

Trade 3: Same nifty 25400 CE, FOMO.

Bought and sold couple of times between 2.24 and 2.29pm quickly small 400rs profit. I should have avoided the FOMO trades. Not a good habit in the long run.

Trade 2 : Buy Nifty 25400 Oct 20th CE

Bought 2 lots around 10.12 am thinking it's a pullback.
Sold at 12.22pm at 2nd resistance of the day. I thought let me not be greedy for more
I had already booked a loss today, was bit biased towards fear. I should've let the winners win big

Trade 1. Canara Bank Buy CALL

Bought 1 lot at 9.51 thinking it to be pullback against strong volume.
Averaged it again with 1 more lot at 9.58am thinking it will take support at previous high.
Exited with 6400rs loss at 11.49
Should've exited when I was wrong in the next candle

Today's Takeaway:
My profits were modest,but my discipline was strong. I managed risk, followed my rules, and cut losses swiftly. I traded my plan, not my emotions, and that’s a win in itself.

5. Nifty PE (Loss: ₹90)
Thinking the drop would continue,I bought a PE. It found support and reversed. I exited promptly with a negligible loss. Again, proud of the quick decision.

4. Nifty CE (Booked Loss)
I bought a CE after a new high,but the market dropped sharply. I exited immediately after the big red candle. I'm proud of booking the loss quickly without hesitation.

3. Bank Nifty (Loss: ₹1,260)
I entered after a breakout,using R1 as support. When the price broke below R1, I exited. It later reversed, but I'm proud I stuck to my rule. Lesson: Always exit when your support level breaks. Protecting capital is key.

2. Coforge (Profit: ₹881)
The stock had strong bullish momentum,but my entry was at the peak—a mistake. I should have waited for a pullback. I exited on a small dip, but it went up again. Lesson: A good setup needs a patient entry.

1. Nifty 50 (Profit: ₹2,700)
I entered a bullish trend after a strong first candle and a pullback.I exited with a good profit but too early, fearing a resistance test. In hindsight, it was forming a 'W' pattern and made a new high. Lesson: I need more patience to stay in winning trades.

It's also okay to let go of the trades if your order isn't executed at your price due to big sudden moves and you are not sure of entering at the current price.!
Market will be there tomorrow, next year and after as well. You will find good opportunities. Dont have FOMO.
#trading #bigloss #options

Lesson 5: Always wait for the candle to complete and double check with next candle to be sure. It's okay to let go of few points. Don't try to perfectly time the market. If your direction is right you will still make money. Just avoid chances loosing. Have patience!

Lesson 4 : Never turn off mindfull trading feature of sensibull. And always execute trades from sensibull and not zerodha kite. It's okay to let go of few points lost in Volatility due to breathing time in mindfull trading feature. It's okay, I say again!

Lesson 3 : Always wear a smartwatch and have an alert if heart rate and stress levels are above the threshold level. This way you can keep a check and not take any trades.
I would like sensibull have this feature of smartwatch integration.