100% profit in 6 months...!

[linkon7]

Activity Today :
Morning pivot at 4720..
going to follow cci only today
we started above pivot… 4600 at 71-72
exited 20 lots at 70
rakesh bot at 4725… kamina
shooting up…. Wont counter trade today
nice VT formed
TBL clear now
zlr…shorted 4746
sl 51… ZL
didn’t exit… sl at 44
made a second zlr
added 2 lots 37
sl 41
sl 33
sl 26…
gone
made a new low
should have waited for system exit
and kept hard stop…not trailing it
setting for zlr
but lsma green
-17 gets taken out we have vt
diff reducing
-17 got taken out…
bot 27…
there was a ghost pattern also
sl hit at 30
got a TT now
bot 28
sl 23
again jumped the gun
should wait for 20 sec
got out at 24
now it built for tt
entered again 28
bounced off the 34 ema
reversed at 27…
sl hit at 22
exied 4600 put at 91…
now 5000 call are free
money has come back home.. And there is a hope of a nice pull back..that can give some more
now I'll go into the hope mode and pray for recovery…
Got a buy at 4700…
VT…
no point…
let it go to hell…

 

[linkon7]

5100-5000 call spread cost
cost price : -5
exit price : 15
total profit = 15 - (-5) = 20
after brokerage = 20-2 = 18
total = 18 x 50 x 10 = 9000

4600 put and 5000 call strangle :
bot 30 lots @ 80.6
cost = 80.6 x 30 x 50
120,900.00

Sold 20 lots of 4600@ 70
70 x 20 x 50 = 70,000.00

Sold 20 lots of 5000 call@ 28
28 x 20 x 50 = 28,000.00

sold 10 lots of 4600 @ 91
91 x 10 x 50 = 45,500.00

Net return = 70+28+45.5 K
143,500
brokerage = 30+20 = 50 lots x 27 Rs
1350

Net profit = 143,500 - 120,900 - 1,350
21250

 

[linkon7]

sold at 4746, covered at 4726, points gained 20, -2 as brokerage, net gain of 18 points
sold at 4737, covered at 4726, points gained 11, -2 as brokerage, net gain of 9 points
bought at 4727, covered at 4730, points gained 3, -2 as brokerage, net gain of 1 points
bought at 4728, covered at 4724, points gained -4, -2 as brokerage, net gain of -6 points
bought at 4828, covered at 4827, points gained -1, -2 as brokerage, net gain of -3 points
sold at 4827, covered at 4822, points gained 5, -2 as brokerage, net gain of 3 points

 

[linkon7]

positions held :

5000 call long :
cost 0
present price 28
lots 10

Unrealised profit :
28 x 10 x 50 =
14000

profit realised today :
N/f = 2200 /-
Options = 9,000 /-
Options = 21,500 /-

total = 32,700 /-


total profit booked till date : 57250 +32700 = 89,950
Total m2m profit : 14,000 /-

 

[findvikas]

Good Job... you got a milking cow there its ok if someday the milk is less... keep pressing...

 

[kkeskar92]

my puts are free and risk free... not even my capital used in them.
here is how I am doing since january (actually december first week).. whatever profit comes from my options trading I pick RIL shares for that... my broker gives me 85% margin on the market value of total RIL that I hold... so in a sense I am milking money out of free money

Hi Vikas

I am not criticising your trades....if you are a swing trader....good for u....I do scalping and intraday trading which works for me.......I just try to catch small countertrend moves.......everbody knows market is in a downtrend...that does not mean anybody should try trading against the trend.

 

[linkon7]

Got a small scalp on Nifty futures on ghost pattern
Entry 4721.....Exit 4735

Today nonfarm payrolls....so US markets expected to be volatile...better to close everything and go home.

I am holding 4900-4800 bear put spread bought yesterday for next week. Profitable as far as price is below breakeven 4870.

I hate the dangling of the carrot... in front of me...
If there is sufficient profit on the table, i want my cut and i'll leave some for tomorrow...

i left the 5000 calls on the field... I am in the hope-mode now... hoping for a big u turn...

 

[findvikas]

Hi Vikas

I am not criticising your trades....if you are a swing trader....good for u....I do scalping and intraday trading which works for me.......I just try to catch small countertrend moves.......everbody knows market is in a downtrend...that does not mean anybody should try trading against the trend.

I know what you are saying bro and I am a scalper myself.. I loved to trade 2 min Nifty charts on RK Global. Its just that I am too much into other stuff that not really watching the charts these days... find a wave.. ride the wave... but make sure to get off it before it becomes the idle water.

 

[linkon7]

Good Job... you got a milking cow there its ok if someday the milk is less... keep pressing...

Nothing hurts more than to see profit vanish in thin air...! market wants to give me something, i'll take it both hands....

 

[linkon7]

We are ending almost 321 points below the ema-34....
Thats a strong candidate for a pull back...