Historical march series will end soon.Historical in sense that Nifty made all time high and trading around it only.Before we start trading in April series we should look back and analyse what we did in March.Mistakes that we could have avoided and decision because of which we made profit.
When i look back to it- I can say that we were with the trend in whole series.Without thinking much about Operators,foreign markets and all that we managed to be with trend.
There was no single trade against trend.No put buying in rising stocks only because of correction expectation and no call buying in weak stocks either.We took both side trades only with trend.Bought puts of weak stocks and calls of stocks which trending higher.
Except one trade in LIC we respected SL in every trade.SL was affordable and we kept raising our SL to increase profit.Which worked very well.
We reversed our trades without waiting for magic to happen when there was change in trend.
Though we can't claim 100% success ratio as few trades triggered sl but that too due to market uncertainity not because traded against trend.We must accept that trades without any hesitation.
We tried to trade like machines without emotions and fear of getting trapped by Operators,FIIs etc.
We learnt to book small loss and big profit.We learnt to remain with trend.We learnt to control our emotions and most important thing is we got profit.
Now we should try to improve this further in April series and later on.
Best luck for April...