Failed to achieve this.
This Target forced me to take unnecessary risk even after getting very close to this.
Learning is that it's very bad idea to have targets in trading. We have to trade according to market condition and not by personal expectations.
Btw still not so far.
@abidsensibull Main reason I think is that they have realistic expectations, they know how much work they have to do to create such return in any business. It's very difficult to keep return expectations low for any trader, that's why they are not disciplined(including me).
@AdityaNayak23 @chauhanpunit26 Derivative prices and stock moves together, if their is shorting in f&o and futures start to go down and stock doesn't there is arbitrage between stock future, eventually both moves together.
@AdityaNayak23 @chauhanpunit26 In such case Selling pressure comes when people start to short the stock in f&o.
Daily traded Cash market volume is less than 1/10th of derivative volumes.
@realtejasbala I am also big trend follower bro, my biggest advantage have been my ability to stay with the trend and not sell winners early.
But risk-reward ratio matters. I don't want to be part of every trend which is there in the market.
@realtejasbala When trigger comes,people don't get time to exit. I follow stop losses and position sizing is calculated, I am ready to take many more small SL.
@kothariabhishek Enough of IT. Let's take Banking stocks to the moon.๐
Bank Credit growth close to 9 year high of 15%. Balance sheet cleaned in last two years by extra provisioning. Net interest margin would increase as rbi hike rates.