100% profit in 6 months...!

[sprintravi75]

immediately after sending the message i relised that

sprintravi75, according to your calender 6 months consists of 12 days only?see this topic is started on 26.01.2010.

 

[vinodkiyer]

hi linkon,

was not around last few days as i was assembling a new computer and opened account with rk global. will be trading regularly from tomorrow. meantime can u advise me if i can get a version of odin diet or client which can trade from excel sheet with rk global

 

[Luv_Stocks]

I think wt 3 L capital now, gaining 1 L is no challenge. specially if you take exposure on much higher amount by paying only 15-20% of the exposure as margin.

Track BNF and reliance and increase the TF. NOT very comfortable wt you trading 3 min. I think 15 min for direction and 5 min trade is better. Carry swing positions in stocks.

I didnt like the 30 lots risk. Jobbing OTM options gerenerates nothing but brokerage. You were lucky to get the big fall. If we opened flat and then decided to fall, you would be at break even today on that trade. think about it....! I liked the graceful exit of positions. Having mental tgt is essential and taking profits is equally important. I think keeping 10 lots of 4600 put along with the 5000 calls would make it delta neutral. but you did was also ok...

 

[linkon7]

I think wt 3 L capital now, gaining 1 L is no challenge. specially if you take exposure on much higher amount by paying only 15-20% of the exposure as margin.

Track BNF and reliance and increase the TF. NOT very comfortable wt you trading 3 min. I think 15 min for direction and 5 min trade is better. Carry swing positions in stocks.

I didnt like the 30 lots risk. Jobbing OTM options gerenerates nothing but brokerage. You were lucky to get the big fall. If we opened flat and then decided to fall, you would be at break even today on that trade. think about it....! I liked the graceful exit of positions. Having mental tgt is essential and taking profits is equally important. I think keeping 10 lots of 4600 put along with the 5000 calls would make it delta neutral. but you did was also ok...

Gaining 1 L is always a challenge. :lol:

I was a bit uncomfortable with the 30 lots too. look at the jmx and OI buildup. Charts too supported it and i was planng to close 20 lots on friday. It was a risk that looked good. Besides my 19 k on 5000-5100 was going down badly. Lost almost 6 k on that and taking naked 4600 puts was like loosing 10-15 points sure shot if we gapped up...Thankfully it played out well... lesson learnt...dont take positions if not comfortable..

Even i was thinking of trying out reliance and BNF. This will give me a chance to avoid the 55-65% probable trades.

thanks again for the feedback....

 

[linkon7]

hi linkon,

was not around last few days as i was assembling a new computer and opened account with rk global. will be trading regularly from tomorrow. meantime can u advise me if i can get a version of odin diet or client which can trade from excel sheet with rk global

We get diet odin only and no alternatives to that here. RKG guys in kolkata have no idea about the same.

 

[vinst]

hi Linkon7,

I read about you target of 100% in 6 months. I follow a level driven trading system for NF (no hedging) since past 2-3 years. I have attached the graph showing total NF points earned in green (scale on right side).
I tried to measure this system for your target. For this I took points gained on rolling 6 months basis. this is shown in yellow curve. Minimum was 490 points and maximum touched 4500 points. these is no compounding and only 1 lot NF is used.
I had always looked at total returns and not on 'timed' basis as your target. I am happy to say that at the minimum this system would have generated 490*50 which is ~ 25K. This is nearly 100% returns. All brokerage is taken into account since these are my trading results.

regards,
vin

 

[linkon7]

hi Linkon7,

I read about you target of 100% in 6 months. I follow a level driven trading system for NF (no hedging) since past 2-3 years. I have attached the graph showing total NF points earned in green (scale on right side).
I tried to measure this system for your target. For this I took points gained on rolling 6 months basis. this is shown in yellow curve. Minimum was 490 points and maximum touched 4500 points. these is no compounding and only 1 lot NF is used.
I had always looked at total returns and not on 'timed' basis as your target. I am happy to say that at the minimum this system would have generated 490*50 which is ~ 25K. This is nearly 100% returns. All brokerage is taken into account since these are my trading results.

regards,
vin

Vin,
Thanks for ur feedback. Nice way of tracking the performance.
I trade 2 lots of NF intraday and sometimes 4 lots and use options when ever i feel there is some opportunity to make something extra. Thankfully things are on track. Not very worried now...

 

[linkon7]

nifty calculation

sold at 4751, covered at 4684, points gained 67, -2 as brokerage, net gain of 65 points
sold at 4689, covered at 4678, points gained 11, -2 as brokerage, net gain of 9 points
bought at 4682, covered at 4727, points gained 45, -2 as brokerage, net gain of 43 points


5000 call long : 10 lots
bot at 0 sold at 34
34 x 10 x 50 = 17000

4800 call bot at 82
4900 call sold at 56
spread cost = 82-56 = 26
present price =
profit = 40-26 = 14
14 x 10 x 50 = 7000

 

[linkon7]

positions held :

4800 call and 4900 call spread
cost 26
present price 40
lots 10
40-26 = 14
14 x 10 x 50 = 7000


profit realised today :
N/f = 12300 /-
Options = 17,000 /-
29300






total profit booked till date : 89,950+29,300 = 119,250
Total m2m profit : 7,000 /-

 

[linkon7]

This thread is closed...

No challenge left... it's served its purpose.

Concentrating on trade management now. Will start a thread on that if i feel a discussion on the methods is warranted... Till then, i'll just have to pm a few seniors for their view on my thought process...

Happy trading to all...