Saturday, August 1, 2020

Performance summary of Trades and Recommendations for the month of July 2020


Here we go! Trade Journal for the month of July, good hit rate this month, and sitting on a few good ones for the long term. I like Sequent, Hikal, Mphasis the way they are setting up for the long term. However, Paushak was like a rocket, gave 30% in two days itself, and then retraced back 14% for the rest of the week. 

IndiaMart, Paushak, Mphasis, Sequent did well in July and a few of my twitter followers got in on time to enjoy the profits. 

Performance summary of Trades and Recommendations for the month of June 2020



Here is how June went, not many trades like professional traders who trade 5-10 stocks every day. I have worked on my system in last few years and would sit on good trades for a few months to a year to ride the upside, I have a few stock n my core portfolio which I bought on Technical Breakout and still holding from 4-5 years and eventually, they are 10X from the price from where I first bought. 

Mantra of my system is Ride the Long and Cut the loss. 

Why Cutting losses using Stops is Important in Trading

 One should be ready with trailing stops for the stocks which are trading near their Stop Loss levels. Don’t hesitate to cut the position at...