How to invest 40 lakhs in equity, FnO, commodities etc. Part 2

[Rish]

i told you, he wont give a stop this time. He was forced to accept that he booked his loss.... or he would have rolled over for 30 months

:rofl::rofl::rofl::rofl::rofl::rofl::rofl:

 

[rohitsx]

Apart from Real Trade, now my paper trade is like this.

I bought 25 lots RCOM 116.20, my target is 132.80. My s/l, is Rs.89.80.. If it goes down i will buy and also i will hedge with RCOM Call in the appropriate time.

Let us see, what happens.

and what would you buy if your target hit to celebrate, any paper laptop , paper mobile etc etc :lol:

 

[Rish]

and what would you buy if your target hit to celebrate, any paper laptop , paper mobile etc etc :lol:

If my target hit, definitely i will celebrate with paper laptop with paper wifi...

very simple..............

 

[Sultaan]

I decided to book losses at 117/- :thumb: in Rcom(Fut) shorted at 103.7/-

And now entering a new trade in Shorting Rcom(Fut) from current level of 116.50/- coz it will make good the loss I booked coz SL hit! :thumb:

ek macchar (stock) aadmi ko _____ banaa deta hai...Nana paatekar kahaa karta tha, aaj dekhne mila...:annoyed:

 

[TraderRavi]

aie ka re, ek sasura SL hit ho gawa to tum hamar sexy guru ka majak banat ho .......hamar guru phir kamyab hoga, kisi aur din.............:thumb:

 

[EagleOne]

I decided to book losses at 117/- :thumb: in Rcom(Fut) shorted at 103.7/-

And now entering a new trade in Shorting Rcom(Fut) from current level of 116.50/- coz it will make good the loss I booked coz SL hit! :thumb:

If you had written just the fist line, by any trading standard it would be considered as one of the 'normal' bad days at the office, though in case of your position, the day stretched a bit too long.

Second line, however, shows revenge not wisdom, bhai, by any trading standard. Although Rcom stock dipped a tiny bit in the end, but I wouldn't bet my money on it shorting after looking at 10+ pillar of a candle in a day. The market has broken out with vengeance. Along with banks many stocks have kicked their swing highs, no matter their strong, dubious or weak fundamentals. It might all turn out be temporary fireworks. You know, the usual balancing out deep ITM options by the big gun option writers, or due to crashing commodities much liquid fund is finding its way in stock market, or whatever. The visible fact is, bulls are in full swing and now mauling the bears left right and center. And in such situations, even the hardcore bears don't mind wearing bulls' hide to save their own hide, so to speak. Or at least hide in the woods to bide the time!

Please do not take me wrong if I say that you took this step just to prove a point to your 'loving & caring' fan club here. . A point that may cost you dearly. Not only in terms money but also in terms of mental well being.
A friendly suggestion, if I may. Don't tell or say anything publically what you trade, how you trade, why you trade. Ever. You will see the difference.

Take care, my friend. Good luck.

 

[SexyTrader]

If you had written just the fist line, by any trading standard it would be considered as one of the 'normal' bad days at the office, though in case of your position, the day stretched a bit too long.

Second line, however, shows revenge not wisdom, bhai, by any trading standard. Although Rcom stock dipped a tiny bit in the end, but I wouldn't bet my money on it shorting after looking at 10+ pillar of a candle in a day. The market has broken out with vengeance. Along with banks many stocks have kicked their swing highs, no matter their strong, dubious or weak fundamentals. It might all turn out be temporary fireworks. You know, the usual balancing out deep ITM options by the big gun option writers, or due to crashing commodities much liquid fund is finding its way in stock market, or whatever. The visible fact is, bulls are in full swing and now mauling the bears left right and center. And in such situations, even the hardcore bears don't mind wearing bulls' hide to save their own hide, so to speak. Or at least hide in the woods to bide the time!

Please do not take me wrong if I say that you took this step just to prove a point to your 'loving & caring' fan club here. . A point that may cost you dearly. Not only in terms money but also in terms of mental well being.
A friendly suggestion, if I may. Don't tell or say anything publically what you trade, how you trade, why you trade. Ever. You will see the difference.

Take care, my friend. Good luck.

I have a plan when it comes to Shorting again :thumb: I never do Revenge trading coz I am always at peace when it comes to my trades...

The reason I shorted new trade in Rcom(Fut) at 116.50/- today is coz I believe this rally may take this price up a bit more for me to average out....but it would not go beyond 128/- so thats my SL in my mind for this new trade and I know Rcom(fut) will head down to 85....

I factor in the losses in my decisions, I do not trade without factoring in the maximum loss I can handle in a month Coz these losses,if any, get offset against some the profits I have made in the past. Hence my capital is NOT eroded in doing such trades :thumb:

 

[prabhsingh]

ST Bro,

If you are already aware that this stock can go upto 125-128 then why dont you go long.Dont you think it would be more sensible decision of going Long.

 

[SexyTrader]

ST Bro,

If you are already aware that this stock can go upto 125-128 then why dont you go long.Dont you think it would be more sensible decision of going Long.

Going long at this point of time is fraught with Risks Thats why I am Shorting...and the 128 is the SL in my mind and can stretch maybe a bit!

I feel the Rcom(Fut) is not that much of a rocker but getting pushed upwards due to overall bullish sentiment....so Shorting feels safer :thumb: Just my take on things.

 

[timepass]

But this series has only 6 sessions more to go.