More lessons about Initial Stop Losses

I started experimenting with small Initial Stop Losses yesterday. Today, I continued the experiment. The experiment has given me very bad results on both days. Is the market trying to tell me something?

Though the impact of today's misfortune with the small Initial Stop Loss in HINDALCO was much greater, I don't feel as bad about it as the small Initial Stop Loss exit in ICICIBANK yesterday. Something quirky - I don't know why. If I had been able to stick with that HINDALCO long, it would have been perhaps my best trading day this month. But I have still not decided whether to end this experiment with the Initial Stop Loss positioning. The perpetual dilemma about Stop Loss positioning continues....

2 losses in HINDALCO, followed by 3 losses in SBIN. Finally, one good trade in ICICIBANK, but overall a very bad day trading day.

That's trading. You win some, you lose some. You pick yourself up and then move on.... Right!!?

Day Trading Price Action HINDALCO

Day Trading Price Action SBIN

Day Trading Price Action ICICIBANK

>>> My live tweets of today's trades <<<