Escape's Options Trading Diary - Phase 2

[escape]

Bought Nifty 12OCT2012 PE 5900 @ 135.90, SL 133.90 CMP 137.15

Will exit with smaller gain of 3-4 points.

 

[escape]

Bought Nifty 12OCT2012 PE 5900 @ 135.90, SL 133.90 CMP 137.15

Will exit with smaller gain of 3-4 points.

Exit @ 140.75.
Later it there was spike .. and it reached around 160

 

[escape]

Bought Nifty 12OCT2012 CE 5800 @ 80.10, exit @ 75.00, loss of 5.10 points

 

[prakash2010]

Nse cash market crashed.

Freak low 4888.

Be careful .Rates were updating abnormally.

 

[escape]

Had few trades, until now overall around 10 points loss.

 

[gunsho]

Today I'm doing some scalp trading, to recover previous loss.

You were doing good. Now this sounds scary, as generally this is when we make more loss. IMHO, prefer to take every trade as a fresh trade, not with a recovery feeling :thumb:

 

[escape]

Bought Nifty 12OCT2012 CE 5800 @ 62.45, SL 52.45, CMP 66

 

[escape]

You were doing good. Now this sounds scary, as generally this is when we make more loss. IMHO, prefer to take every trade as a fresh trade, not with a recovery feeling :thumb:

Thank you Gunsho for valuable advise. I complete agree with you. It is not revenge trade, else definitely we will loose.

 

[escape]

Bought Nifty 12OCT2012 CE 5800 @ 62.45, SL 52.45, CMP 66

SL hit @ 67.90, profit of 5.45, less brokerages.

 

[escape]

Placed order to Buy Nifty 12OCT2012 CE 5800 @ 74.75, CMP 72.30 (R) Possible breakout.