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onerighttrade
Jun 11, 2021 2:49 AM

FY21-22 Swing Trade Idea #84: Long on WALCHANNAG Long

WALCHANDNAGAR INDNSE

Description

This is a private swing trade idea. The idea is only for Learning and observational purpose and learn about proper risk management. We take a trade only when we are ready to lose the amount risked. Proper risk management is the core of trading and we focus mostly on it rather than on the trades. In case you take trades, the risk and responsibility is entirely yours. I would comment on any further updates on our entry, targets and stop-loss on this idea. You can post your queries in comment section and I will try to answer asap .

Trade active

got entry, trade is active

Order cancelled

I just checked chart of this stock and this went below my stoploss yesterday, so stoploss is not valid anymore. So, this buy should have been cancelled which i missed. So, I exited this trade at 85 now with just 1.5 points loss. This was a mistake.
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