SONATA SOFTWARE Update (as on 4th April, 2024)
Possibly one of my worst re-entry trades ever:
- After makinng 14% our TSL was hit (lost 1.5%) making it around 12.5% in the first week of February for our initial trade
- Thereafter, the stock fell back to our Weekly Support Zone and we were watching the stock carefuly for a consolidation and pullback
- But what we got was a proper fake breakout (as seen in the image in a daily TF)
- And the stock fell continuously for the last 10 sessions, and my SL (of 6.5%) was Triggered at the bottom of the box
Note:
- I do know that whenever, the pullback happens, it will be quick and smooth, but cant keep waiting or praying for it to
- Some stocks will sure make you regret, but following the rules is the only way out
- Cut my losses and moving on
Become Emotionless
&
Trade Ryte