Booking loss in swing trading


#1

In swing trading i reached the cap of my allotted capital. Now no infusion of fresh capital. But account is running in loss p and l. Shall i sell loss making stocks and invest that in other big companies?


#2

Without getting into individual stocks - You should follow your system.

DS


#3

Depends on which sector u have done swing trading

I hope its not in the DHFLs and IBULHSGFINs


#4

No it was exactly DHFL and indiabulls :sunglasses:


#5

You lost money but not humour. :grinning:


#6

When you do swing trading in risky stocks, you should have a strict stop loss


#7

No @Newbie420 today stop loss only spoiled my intraday positions. Being office holiday i took intraday today. In Icicidirect due to high volatility they gave only 10 points less stop less trigger. I entered and stop loss got trigerred. But eventually ibhf moved in my direction and reached my target also. It was pathetic


#8

Intraday is worser in those two stocks

Those two (especially DHFL) move like a poisonous frog, even the operator sometimes wont know it will jump up or down next


#9

My trade set up and chemical is best expected such stocks only. With such volatility i used to make lot of profits also but yesterday caught off guarded due to stop loss point set by Icicidirect

Infact later i learnt due to heavy movement in ticks the system took time to update cover order SL boundary and i entered seeing a opportunity exactly in that high volatile time period

I ended the day with Rs 800 loss thanks to TCS intraday which saved much losses at fag end of the day


#10

At the moment, Swing trading is very risky stay away for some days!


#11

You are right, nowadays up down up down drama going on

Its so illogical that Intraday has become safer than Swing trading nowadays


#12

You can’t do intraday today when it is holiday…you will always end up losing in the long run. You need to be consistent and follow a strategy and execute it everyday like a robot. Become immune to money first.