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:
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.
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.
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