diary of a day trader

[TraderRavi]

Today Result.....Bajaj - Auto.....CMP 1310....
aaj iska action dekhna padega ...

 

[ChaoticTrader]

In last 3 days lost 2k, 1k, 2.5k ..total 5.5k......
out of these....lost 4.5 k in options......so options are money destroyer no. 1 for me.....
log sharab chood dete hain, mere se option nahin choot rahi.....

Hi TraderRavi

In options the odds are always against the buyer.In trading of most financial instruments you have to choose the correct scrip, then u need to know the extent of its move. But in options you also need to know how quickly the underlying will complete the move. You need to be right in all three areas to make money in options. Thus one needs to be careful while trading options.

Therefore logically speaking u have better odds of earning by trading in futures.

 

[TraderRavi]

neutral day.....for me....profit loss brokerage sab barabar ho gaya...

SBI 2 trades 1 profit, 1 loss
shorted @ 2362...covered @ 2386...sala bhag gaya...
again shorted @ 2378 covered @ 2371....then later low made 2328 something...:annoyed:

Bajaj auto was like mad roller coaster today due to results...
2 trades , both profit..
shorted @ 1288, covered @ 1270...:thumb:
again shorted @ 1295, covered @ 1291.5....should have covered @ 1281 but sala dekhta hi reh gaya....

last mein bot 5400 PE @44/ 2 lots sold @ 43.1...could not sell @ 45.5...sala piche bhag gaya....

 

[vishnu.]

ravi if u can post as soon as taking positions or just before it that wil be good.

 

[TraderRavi]

ravi if u can post as soon as taking positions or just before it that wil be good.

I sometimes do that, but if you trying to trade opposite me, I will post my trades live.......

 

[TraderRavi]

Results tomorrow , L&T......
other scrips to watch tomorrow,
SAIL
SBIN
BAJAJ AUTO
HERO HONDA
SUZLON
COAL INDIA

 

[TraderRavi]

shorted LT @ 1491.....sl 1498..........

 

[ChaoticTrader]

LT traders delight for today

I hope u took all the trades in it today. gave a sweet breakout though after the results volatility.

 

[TraderRavi]

shorted LT @ 1491.....sl 1498..........

low made 1475...but before hitting my sl with a spike ......

L&T , 3 trades , 2 loss, 1 win....all shorted....then after 2 pm, had to leave..then results announced & L&T topped 5 - 6% gains....

 

[TraderRavi]

Ashokley shorted @ 51 , reason gained 5% in the morning , then high made 51.5 , so feels like shorted a bit earlier,

covered @ 50.25.......chance was @ 50....but TSL hit....

so first trade in profit.....lets see ...