diary of a day trader

[HEM]

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[ajeetsingh]

Dear ajeet,

Well done.......:clapping::thumb:




trading in LUPIN EQ not in future ...........? in future Lupin lot size is only 500 .

Bro
I m still a learner so cant take huge risk so traded with 200 shares in cash

 

[Taiki]

Ravi Bhai, I hope you would have recovered some of your earlier loss today ..
How was the day ??

 

[bear]

Its just rising...

it made a intraday low of 5992, as i read nifty i thought the closing will be near 5980 but nifty successfully managed to close above 6000 remember that on 18th april i quoted that nifty will touch 6000 before rbi policy or may 3rd. i was also sure that nifty will touch 6200 before may expiry but looking at how nifty was running i doubt of any up move. but if upmove has to happen nobody will enjoy its fruits as most of the long futures and options are in the hands of fiis-

if nifty has closed at or near 5980 i would be very sure of crossing 6200 this series

i would like to disclose you people that i am bad at trading nifty, but good at predicting its moves, -i am mainly a stock fnotrader :thumb:

 

[del_66]

Nifty

Banknifty

Nse500

NseMidcap

Long term Monthly charts of Nifty indices..
Bulls making arrangemets for a big party and whether bears will succed in poking a hole in these chart patterns will be known in coming months..

nevertheless each according to his own interpretation

 

[arcus]

http://in.reuters.com/article/2013/05/02/india-economy-rbi-idINDEE9410AY20130502

http://www.moneycontrol.com/news/ec...ove-comfort-levelsfy14-rbi-survey_863557.html

RBI tone is very hawkish a day before its monetary review.
Expect intermediate downtrend to continue.

Markets have priced in 50 bps cut but I don't see Mr Subba cutting interest rates (Repo) more than 25 bps.

Advice reviewing all long positions.

Disclosure - I have initiated net short position in Bank Nifty option. (SL - A positive close in BN tomorrow)

 

[arcus]

Life is like an options contract. The premium is high at the beginning(birth) and reaches zero as we die.
All due to negative theta! (time decay)

 

[soft_trader]

Life is like an options contract. The premium is high at the beginning(birth) and reaches zero as we die.
All due to negative theta! (time decay)

Yes, and some people becomes memorable even after death because of their hard work and achievement in their life. You can call it as Intrinsic value.

Others Expires at ZERO.

 

[DanPickUp]

Yes, and some people becomes memorable even after death because of their hard work and achievement in their life. You can call it as Intrinsic value.

Others Expires at ZERO.

The thread starts to go a little bit philosophical. Love it.

Memorable people you can choose beside your mom, father, sister, brother, all of your family members and friends and neighbors and people you meet in daily live:

-Humanitarians
-Thinkers and Philosophers
-Kings, Emperors and Politicians
-Religious Leaders
-Musicians and Composers
-Writers
-Scientists
-Inventors
-Explorers and Pioneers

 

[Gaur_Krishna]

ST da,

I read from Larry Connors book that VIX is dynamic indicator and not static one. So how to know levels of VIX that are considered to be low/high? Just static values such as 10-17 may not work, need some different criterion for this. Can you suggest one?

Regards,
Gaur_Krishna

QUOTE=Smart_trade;805296]For me such signals are much more powerful than any support/resistance levels break.

Increase in VIX as important event is coming near and uncertainty building up as the market going up.

ST[/QUOTE]