Monday, August 31, 2009

Made a profit of Rs.216 (PLP)







Anil took a short intraday call for Reliance Industries and got a profit of Rs.700. I made 2 calls one was a profit and other a loss. The loss was 1000 and profit was 580. I miscalculated the number of shares for the loss scrip. I will take care of this in future.
Due to Anil's trade I escaped with a meagre profit but that trade was not according to wave3 rules. My short term goal is to increase the number of trades (max to 5) so that the sample size is considerable and the odds of winning over a large sample size will be higher.

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