Why Am I Failing



My Trading Journey

BIGGEST MISTAKES - 18 MAY 26 - 5000 INTRADAY LOSS

1) Followed rules and existed early and missed 9K profit 

Here , my mistake is everything formed like power leg break and retraced at 78.6% and unwind see but still booked very little. This needs to be improved.


2nd Entry Rule - Every time it may not come to 78.6%.
Red candles should close below to either 0.50% OR 61.8 % and a green candle must close above of previous 2 Red candles (1Min) and once it closed we can go for 2nd buy entry as still in BULLISH POWER LEG and SL is below of 78.6% or 100%



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BLUNDER MISTAKE - IT'S NOT FORMED THE POWER LEG , MIND WAS THINKING UNWIND SEEN AND EXPECTED NIFTY FALL BUT DID NOT LISTEN MARKET , REACTED EARLY AND PAID


Took First Entry at 78.6 retracement @100 RS, unwind seen during the retracement but later once took position , again writing seen and with hoping again took another position at 100% retracement @90 RS DUE TO BLODDY HOPPING. LOSS BOOKED 2000.
LOW WENT 30, IF WE REVERSE the position 60*65=3900 PROFIT

NOTE: ONCE ITS BROKEN , WE NEED TO TAKE REVERSE POSITION INSTREAD OF HOLDING

MY BIGGEST MISTAKE - HOPE , DID SAME MISTAGE AGAIN on 18-May-2026 on NIFTY PUT SIDE



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BLUNDER MISTAKE ON BANKNIFTY - 3000 LOSS

BLUNDER MISTAKE - IT'S NOT FORMED THE BEARISH POWER LEG , MIND WAS THINKING WRITING SEEN AND EXPECTED BN FALL BUT DID NOT LISTEN MARKET , REACTED EARLY AND PAID. WHEN I SHORTED CALL IN 1 MIN IT GOT SUDDEN SPIKE and SEEN 4500 LOSS and FINALLY BOOKED 3000 LOSS




This is actual BULLISH POWERLEG PATTERN, ITS NOT BROKEN THE PATTERN. TRADED BASED ON FALL EXPECT AND PAID 3000 (LOSS BOOKED)



FINAL CONCLUSTION FOR 18-MAY-26 : WAS BOOKED 1800 LOSS AND TRIED TO RECOVER , DIDN'T LISTEN MARKET AND PAID 4800 LOSS IN SINGLE DAY DUE TO HOPE & ENTERED EARLY WITHOUT CONFIRMATION

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