I started trading since last month.
Last week was terrible. I lost money when I shorted Bharti Airtel after their bad result. I was pretty sure it will go down, but it went up and up.
Same thing yesterday, Asian Paints had a good result but the stock went down. I was so sure yesterday that at 9:15 I bought 2 lots of call options. crazy right? I should have waited at least 10 minutes before deciding, I lost 8k yesterday.
Most of my trade is based on quarterly results. I did some good trades before with ICICI, IBULHSFIN etc. based on their results. But now it seems I am not seeing something about market. This is really frustrating, I still don’t know why and how people react to these results.
What should I do? The amount is small but significant for me as I earn 30k a month.