General Trading Chat

[cinderblock]

he still has his 7400 7100 6800 1:2:1 ratio put spread

Haven't seen the actual strategy but shouldn't it be just 1:2?

Ratio spreads have 2 strikes. 6800 is just break even for buy X 7400 and sell 2X 7100

 

[pratapvb]

Haven't seen the actual strategy but shouldn't it be just 1:2?

Ratio spreads have 2 strikes. 6800 is just break even.

6800 is BE for 1:2 .... so 6800 also bought as low insurance to fully hedge

 

[vikas2131]

Your expectation from life is different from what most people on this forum want out of life. There's no point trying to explain yourself :thumb:

He is showing some spark for spirituality good for him

 

[vikas2131]

It was a clear pivot low break in longer time frame ( 1 hour or even 4 hrs ) chart.Yesterday it gave one stop loss as there was a breakdown failure but on second attempt it worked smoothly.This is the reason that one has to try 1-2 attempts to get a good position.Stops of 15-20 points don't hurt as when we catch a trend we will make min 3-5 R or more.

In last 3 trades market has already given over 700 nifty points with one stop loss of 20 points.Last long trade gave 145 points....this short trade let us see how much it gives.No targets,no expectations just follow the price.

Smart_trade

I was saying the same thing that there was much upside left in market and it was about to tank..seems only selected post are read

 

[cinderblock]

6800 is BE for 1:2 .... so 6800 also bought as low insurance to fully hedge

But then it's not a ratio spread at all. It's now transformed to a butterfly spread with 3 strikes

 

[pratapvb]

But then it's not a ratio spread at all. It's now transformed to a butterfly spread with 3 strikes

Sorry I am trader ...don't remember all the fancy names and don't care what it is called .... it was taken as a 1:2 put spread ...then hedged at BE strike

 

[cinderblock]

Sorry I am trader ...don't remember all the fancy names and don't care what it is called .... it was taken as a 1:2 put spread ...then hedged at BE strike

Correct - you are just a trader. My mistake. As long as you make money who cares about other things :thumb:

 

[Smart_trade]

But then it's not a ratio spread at all. It's now transformed to a butterfly spread with 3 strikes

I have not bought 6800 puts ,so the trade is still a ratio spread.

ST

 

[Smart_trade]

Awesome ST Bro!

Dont u trade spreads, hedges or condors?

I trade all these.But main is nifty day trade and swing trade.

ST

 

[Trader_PK]

It was a clear pivot low break in longer time frame ( 1 hour or even 4 hrs ) chart.Yesterday it gave one stop loss as there was a breakdown failure but on second attempt it worked smoothly.This is the reason that one has to try 1-2 attempts to get a good position.Stops of 15-20 points don't hurt as when we catch a trend we will make min 3-5 R or more.

In last 3 trades market has already given over 700 nifty points with one stop loss of 20 points.Last long trade gave 145 points....this short trade let us see how much it gives.No targets,no expectations just follow the price.

Smart_trade

if anyone not shorted yesterday, then he can short today after failure of HOD..this is nice trade also