Escape's Options Trading Diary - Phase 2

[escape]

Bought 5 lots of Nifty 28Feb2013 CE 6100 @ 53.90, SL 53.00, CMP 54.50

 

[escape]

Bought 5 lots of Nifty 28Feb2013 CE 6100 @ 53.90, SL 53.00, CMP 54.50

SL hit @ 53.85, loss of 0.05 points, less brokerages.

 

[escape]

Bought 5 lots of Nifty 28Feb2013 CE 6100 @ 53.30, SL 52.40, CMP 52.90

 

[escape]

Bought 5 lots of Nifty 28Feb2013 CE 6100 @ 53.30, SL 52.40, CMP 52.90

SL hit @ 52.40, loss of 0.90 points, less brokerages.

 

[escape]

Bought 5 lots of Nifty 28Feb2013 CE 6100 @ 54.10, SL 53.10, CMP 54.00

 

[appy050]

Hi Escape,

what is the reason to again buy at higher levels after u got loss buying @53.30 and sold.

 

[escape]

Hi Escape,

what is the reason to again buy at higher levels after u got loss buying @53.30 and sold.

Breakout assumption.

 

[escape]

Bought 5 lots of Nifty 28Feb2013 CE 6100 @ 54.10, SL 53.10, CMP 54.00

SL hit @ 53.45, loss of 0.65 points, less brokerages.

 

[escape]

Hi Escape,

what is the reason to again buy at higher levels after u got loss buying @53.30 and sold.

Finally it broke to other side. My SL got hit and saved from bigger loss.

 

[escape]

Bought 5 lots of Nifty 28Feb2013 CE 6000 @ 66.50, SL 63.90, CMP 67.45