THIS IS HIGH RISK TRADE, WHICH I HAVE TRIED TO COMPENSATE WITH TIGHT STOP.
Trade closed: target reached
Wow, didn't expect it blow like that.
If someone rode it, kudos to them. I got chicken and scrammed at 11588. I was using naked options to play this and with 1 day to expiry, I moved up my stop-loss.
Sometimes we should play for singles and that's lesson for me. Can't hit 4's every ball. Great innings are built and not slogged!
Note
Here a single would have been using the next week expiry or perhaps futures.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.