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praveen taneja

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Friends , was too tired yesterday... Was studying till 3:30 for Maths , par kya farak pada:(

Thats why missed lot of action on Dow .... But What Czar has mentioned in NF2 thread , about nasdaq , someone else also told me. Dow showed a great bounceback from 7200 levels but every1 was shouting about 7400???? Not much panic even after it was broken or is to come?

Anyways , i dont take Options positions before a weekend and that too near exp where Prem Fall accelerates coupled with that we have a holiday on Monday... Why taking so much risk???:D
Very good decision Cool man
Har Har Mahadev
Happy Mahashiv Ratri To all My friends of TJ
 

prasadam

Well-Known Member
Friends , was too tired yesterday... Was studying till 3:30 for Maths , par kya farak pada

Thats why missed lot of action on Dow .... But What Czar has mentioned in NF2 thread , about nasdaq , someone else also told me. Dow showed a great bounceback from 7200 levels but every1 was shouting about 7400???? Not much panic even after it was broken or is to come?

Anyways , i dont take Options positions before a weekend and that too near exp where Prem Fall accelerates coupled with that we have a holiday on Monday... Why taking so much risk???
CIP sir,

DUmdum's views

i remeber in last 4-5days of jan expiry when market was 2640 spike down at that time 2800 CE jan made a low around 4.5 and on 29 jan expiry it hits the high 65 rs !!!!

now this time it seems revenge:D of 2600 level. Y day it hits low of 6.8 so and now big show.... is it ready.... steady go..........:p
&

u kno,
from that day when i realize that some money should be thrown away on penny option in every exiry in last 4-5 days. especially levels 200 above and below spot ar very good candidate of this penny game.
:D
 

prasadam

Well-Known Member
Bro question remain same which option in which u throw ur hard earned money as volatality will eat all ur money if it remain sideway even for 2 days in last days:)
Go through the message again.

u kno,
from that day when i realize that some money should be thrown away on penny option in every exiry in last 4-5 days. especially levels 200 above and below spot ar very good candidate of this penny game.
buy a lottery ticket:)


It will be lot better than buy at the beginning of the series na.:)
 

coolboy007

Well-Known Member
Go through the message again.



buy a lottery ticket:)


It will be lot better than buy at the beginning of the series na.:)
Prasadam ,

Dude , the thing is not About expiry...
The things which Dumdum says or you quoted , its like "Andhere me teer chalana" .. These things look good only when the Prev Exp is Over or we enter paper Trades in Oracle and then see Analysis of Profit.

MAybe some have better luck as to gain but believe me i Lost Good amount in this gambling game in Nov and Dec. If we Buy March Options on Tuesday , yes they are expensive but probability of Gaining is atleast 60-70% as we use SL also .
Now I have stopped all these things , its no use to keep praying we move up or down. I Clear out all my Option positions BEFORE the Exp week starts whatever is my profit or loss , i book it ( Only those Trades remain which didnt give me time to exit i hold them ), Also i dont Buy Next Month Options before Exp week starts even if i find them tempting.
I made List of Last losing trades and saw that i maximum times lost when i went in Buying Next series Options too early. This was reinforced by my Nifty Short Straddles paper trades (next month series done on Fri b4 exp week) , this straddle always SHOWED more profits than Options Oracle projected for 2 months in a row.
Our member Bandlabs has shown it successfully as he shorted a FEB straddle in JAN and has exited succussfully (paper trades):D
 
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