Monday, August 25, 2014

Got Stopped Out from 8000 Nifty PUT

Got Stopped Out from 8000 Nifty  PUT
I bought it today at Rs 71.40.
Since Nifty was at new highs and only 3 days left to expiry,i put a tight stop loss of Rs 54.50.
market trigerred my stop loss and reversed.
So lesson again learnt.
Do not anticipate the market.
Now wont buy anythings if nifty shows strength.

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