25ThApril 2020
I started with a fixed profit and loss strategy in the stock market. Min profit per day:500 Max Loss per day:1000 and decided that without putting stop loss, not to take any trade. I took 5 trade today so my transaction charges will be 360/- and my profit was 875/- rupees. Two weakness I have: Booking profit faster and waiting to book my loss. Entering into the market when it is not needed as I entered into market at the closing time i.e. 11:03PM and this trade went into negative but I booked my loss and came out from the market. I am planning to apply my strategy like for every 70 rupees I need to make just 500 rupees. so If I entered into market 4 times I will be making 2000 rupees and I will be paying 360 as a brokerage in silver mini. I need to create a Multi-Source Income strategy.