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  1. O

    Looking for a mentor in option trading

    Here are the details
  2. O

    Looking for a mentor in option trading

    The Iron Condor Opened on the eve of RBI event i.e., 04th April 2016 is fetching rs. 264 as of 08th April EOD prices. Lets see how it fares out. With 3 holidays in the next 2 weeks the conditions cannot be more favourable than this. But, would like to remind that the SL of the condor is at 7474...
  3. O

    Looking for a mentor in option trading

    SGX is trading in the green now . NF is expected to open Gap up. Time to repair your positions if still holding.
  4. O

    Looking for a mentor in option trading

    Strategy 1 is Iron Condor, which should have been done around 3 pm on 04-04-2016. 7600 pe which u have shorted is a naked strategy, should have covered atleast , by buying 7400 pe.
  5. O

    General Trading Chat

    Found some Crude Oil Data. But it is only from March to October 2015. That is very less data to give relaible results.
  6. O

    General Trading Chat

    The code is looking something like this Buy = Cross(StochK(14,14) , StochD(14,14,14)) AND C>MA(C,50); Sell = Cross(StochD(14,14,14) , StochK(14,14)) AND C<MA(C,50); But I dont have MCX Crude Oil Data with me I have NF data only. Testing on NF data looks quite impressive, Pls see the...
  7. O

    General Trading Chat

    I am old but not sir yet, later maybe:). I will try the backtest .
  8. O

    Looking for a mentor in option trading

    He is suggesting selling a condor of 84xx and 76xx strikes if the nifty is at 80xx. Target is 40% of cost involved and SL is around 100 pts below and above the strikes respectively. Assuming SL is hit at 84xx, you are advised to sell twice the qty of 88xx strike and keep the other side open...
  9. O

    Looking for a mentor in option trading

    The guy is suggesting selling iron condors, and wait till you get around 40% returns or SL is hit. And if SL is hit he suggests selling double the quantity of options in the opposite direction. Assuming that since Nifty has run quite a long in one direction, it has to reverse the direction...
  10. O

    Looking for a mentor in option trading

    It is upto you , if you want to disregard backtesting results and join the course. The course is nothing but a set of iron condor strategies, with unrealistic targets. There is nothing to gain from the course except waste of time. I dont know how SEBI allows such guys to operate.
  11. O

    Looking for a mentor in option trading

    It is not worth the time and money spent. He is claiming average 3% per month returns, say around 36% per year. What I got in the backtesting was around 8% per year. How can u take guidance from a guy who is straight forward lying about the facts.
  12. O

    NF Swing Trading using Fractal AFL

    I have no idea about curve fitting.
  13. O

    General Trading Chat

    That is for Nifty IT Futures Contract, not for Nifty Futures Contract.
  14. O

    General Trading Chat

    Why so less posts today, where is everybody.
  15. O

    General Trading Chat

    It is always better to have your positions hedged. But it is not always that the GAPS will go against your position. Considering the long position above. What if the NF Gaps up or opens without Gap on Monday. In both the situations the hedge will have to be closed in loss. Better way would...
  16. O

    General Trading Chat

    Had seen the selection criteria, before , not able to recall , where I had seen. Will have to start digging. Will post if I find something.
  17. O

    General Trading Chat

    On a serious note, any idea about the requirements for becoming a star. :)
  18. O

    General Trading Chat

    I have made 51k profit on 50k capital in the 60 day challenge. Do I qualify for a star in Opentrade. 10 days already finished , refund not credited still.:D
  19. O

    General Trading Chat

    There is a common thought among traders, If he is a good market analyst then why is he giving advice and not trading himself. With the launch of Opentrade with traders making above 300% in the last 90 days period, sharing their trades for a meagre amount of 500 rs per month, there is a need for...
  20. O

    General Trading Chat

    Guys, Opentrade of Zerodha is active now. https://opentrade.in/dashboard/