One common attribute to newcomers to trading is the thrill factor. They want a new trade every few minutes!
What we have to remember is that there is a time to trade and a time to sit tight. Right now we have 3 trades on, and nothing has changed for us to bother about them. Lets see how today pans out.
The Bongaigaon spread has reduced to 2.25 for the 80/85 Strike, While the 75 Strike had no trade. So we have a small paper profit.
The NIFTY 2450 straddle is now worth 62 , a paper loss. Here you see the effect of time against your long position.
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