Escape's Options Trading Diary - Phase 2

[escape]

Bought 2 lots of Nifty 28Feb2013 CE 6000 @ 51.00, SL 50.00, CMP 51.90

Exit @ 53.75, profit of 2.75 points, less brokerages.

 

[trdstudent]

Exit @ 53.75, profit of 2.75 points, less brokerages.

keep an eye on future 5962 level.... as long as holding nifty will try for 5990/6006 future level ...

 

[trdstudent]

Hi escape, u r not trading to day ? Since future can not hold 5962 level it comes down to lower trgt of 5900(+/-) .
My spot trgt was 5895 and therefore close all my shorts and puts . Entrd 6000CE at 39 (just 2 lots) . We r probably now ready for an up move ...

 

[Gaur_Krishna]

Escape, how is your experience with RKSV? I am just confused between RKSV& Zerodha.. I think RKSV dont have commodities access with them yet.. But one good thing is once you pay odd 2200/- for a month, you are done..... Plz advice

Thanks & Regards,
Gaur_Krishna

 

[escape]

Hi escape, u r not trading to day ? Since future can not hold 5962 level it comes down to lower trgt of 5900(+/-) .
My spot trgt was 5895 and therefore close all my shorts and puts . Entrd 6000CE at 39 (just 2 lots) . We r probably now ready for an up move ...

Dear TrdStudent, It is bad day for me. Didn't able to EXIT.

My problem is putting SL for overnight position. In fact earlier in day I have decided, I'll EXIT anyway (because of weekend, time-decay and technical against me). But still failed to do so.

I should have put SL and left console. It is personal issue (emotional or fear factor or something else). I'm loosing continuously in overnight position because I don't put SL and EXIT.

Time and again, I have made rule for overnight position and I'm breaking it within few days. I have to follow my rules, else I'll keep loosing.

Sorry for disappointing to all and to myself.

 

[escape]

Escape, how is your experience with RKSV? I am just confused between RKSV& Zerodha.. I think RKSV dont have commodities access with them yet.. But one good thing is once you pay odd 2200/- for a month, you are done..... Plz advice

Thanks & Regards,
Gaur_Krishna

Dear Krishna, until now it is good experience. I'm not much bothered about calculating brokerage per trade or lots, etc.

I'll recommend it personally.

If you need any help for opening A/C, do let me know.

 

[TraderRavi]

Dear TrdStudent, It is bad day for me. Didn't able to EXIT.

My problem is putting SL for overnight position. In fact earlier in day I have decided, I'll EXIT anyway (because of weekend, time-decay and technical against me). But still failed to do so.

I should have put SL and left console. It is personal issue (emotional or fear factor or something else). I'm loosing continuously in overnight position because I don't put SL and EXIT.

Time and again, I have made rule for overnight position and I'm breaking it within few days. I have to follow my rules, else I'll keep loosing.

Sorry for disappointing to all and to myself.

may be you get exit opportunities on monday , hope to see some bounce..

 

[escape]

Definitely not a good news for us, not sure about Market:

Budget 2013: Finance ministry may hike indirect taxes

Source: http://www.moneycontrol.com/news/cn...-ministry-may-hike-indirect-taxes_820396.html

 

[escape]

Bought 2 more lots of Nifty 28Feb2013 CE 6000 @ 37.90, SL 33.00, CMP 38.30

Overall holding 14 lots @ Avg. of 54.75

 

[escape]

Bought 2 more lots of Nifty 28Feb2013 CE 6000 @ 37.90, SL 33.00, CMP 38.30

Overall holding 14 lots @ Avg. of 54.75

Exit 2 lots @ 39.60