Loss of ₹11,700/- for 26 July - 01 August 2019
Not a good week for me. I got trapped into a fake buy signal and hedged it with 29000 Put sell. Although it was a small quantity but couldn't be saved.
In the end made a loss of ₹11700/- for the week which is 0.6% of traded capital.
AUM made a loss of 1% on capital deployed.
At first, I thought of fighting and recovering the losses but market kept slipping further and further. Finally I decided not to fight with it an gave it.
Sometimes it is better to call it a loss and get out of the market. I did exactly that.
Whipsaws have increased and it is time, I give little break to my self from market. Will not be trading tomorrow. Let's see how market are developing. Sitting on cash to act.
Here is the trade sheet: