Good morning!
Its been 4 months , Dec 2020 to be exact since I began sharing my calls real time on my Telegram group(link provided on my Twitter handle as a pinned tweet). Sharing the performance details at the end of this write up.
After a difficult Feb I am seeing the market behave in a way that is not very comforting and familiar to me. We are seeing gap days followed by trending moves accompanied by volume profiles. Normally a day like this sees a follow up or a range bound day the next day. However the next day turns out to be an opposite move again accompanied by big volumes. Typically this happens when a top or a bottom is being made and this is probably one of the most difficult times to trade. The same is reflected in my trades. The breakout trades are not moving well and in some cases the SL levels are way too far for my comfort.
Going forward, have decided to restrict my trades to NF and BNF for the month of March till the dust settles down and I am more comfortable with the market structure. However, incase a trade does come up on my radar in stocks in the meantime, I will definitely share the same on the Telegram channel. Till then I shall be sharing the trades on NF/BNF.
Have a great trading month ahead!
December:
January 2021:
February 2021:
