General Trading Chat

i am weak in option's ,
today by mistake i buy bnf at 18911,and my sl not triggered and i have open position currently.
current price quoting 18751.
can i sell 18900 ce at 330.
so that at end of expiry i became profitable around 300 points .
plz suggest , margin is not a problem .
any flaw in this theory ?

so that my loss is covered , i not touch it till expiry , and trade other things .
Hi SDL,

You are correct, but you have risk if price falls further from currently as you have Future open Long position.
 
i am weak in option's ,
today by mistake i buy bnf at 18911,and my sl not triggered and i have open position currently.
current price quoting 18751.
can i sell 18900 ce at 330.
so that at end of expiry i became profitable around 300 points .
plz suggest , margin is not a problem .
any flaw in this theory ?

so that my loss is covered , i not touch it till expiry , and trade other things .


what is actual combined margin 58000 or 79000 ?
 

niftytaurus

Well-Known Member


Only for learning purpose
Hi
Yesterday I got a very simple but profitable setup..again simple Price action ..no indicator...
price get resistance 3 times at 19860-880 area..& see candels in that area...no strong bullish candel..price breaks a micro trendline ...but we will wait..as price near support...here see..6 doji candel..indecision...so lets wait with them..no hurry..as trend is still up..but 6 doji candel..for 1.5 hour, price is just ranging between 18150-60 area..very small range..a big move is on its way.wait..on which way, it explodes..that range had broken at downside with volumes..besides, it breaks a support 18150.. I have shorted at that candel..prices again go up but couldnt sustain..so short was opened at yesterday closing...today is result of that weakness..Here we dont predict anything..we just go with Price..Honestly speaking, I dont watch news or read news..I am not aware about any world market conditions etc ...
But my funda is simple..just go with price..dont predict as nobody cant..just go with flow of price..."PRICE IS GOD"..Jaisa ki old traders boltey hai" BHAW BHAGWAN CHEY"
thanks
 
Last edited:

niftytaurus

Well-Known Member
hi
my broker Rksv told that dont put orders as some connectivity issue..anybody here who is trading with them getting similar message? is matter resolved? I put query on their thread also
thanks
 

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