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

[SexyTrader]

Added some more lots for Short-selling in my current open position 11400 CE at 432/- now

So average short-selling price comes to 327/- at present :thumb:

 

[anuragmunjal]

Tomorrow onwards....
in strictly INTRADAY trades, I will sell 40 lots of BankNifty puts/calls depending on the market direction :thumb:

Selling options INTRADAY is my current passion and pretty exciting too

strictly intraday trades??

 

[SexyTrader]

strictly intraday trades??

Yes....but could not profit-book the current Short-sold 11400 CE on INTRADAY basis

hence carrying this open position to coming week while enjoying the time-decay & premium collected :thumb:

 

[new2trade]

Selling calls and puts appears so risky but I see that you do it effortlessly. Don't you feel afraid ? How can I learn to trade like that ? Please advise

 

[prabhsingh]

Selling calls and puts appears so risky but I see that you do it effortlessly. Don't you feel afraid ? How can I learn to trade like that ? Please advise

Just start doing paper trade and you wont afraid of anything.

 

[SexyTrader]

Just start doing paper trade and you wont afraid of anything.

And what makes you think my trades are not real ? And they are real-time trades too!

Let me assure you and everyone that I do NOT need to paper-trade....when I know how to trade :thumb:

 

[prabhsingh]

And what makes you think my trades are not real ? And they are real-time trades too!

Let me assure you and everyone that I do NOT need to paper-trade....when I know how to trade :thumb:

ST Mate,

Did i ever said your trade are not real.I just kept my point as how to feel confident by means of doing paper trade.My point was never against you dude.I hope you will take it in positive manner.

 

[timepass]

11400CE is nearing 500Rs. What's your strategy at this point ? SL hit or average or just hold ?

 

[SexyTrader]

11400CE is nearing 500Rs. What's your strategy at this point ? SL hit or average or just hold ?

Of course average a few lots more :thumb: Coz July does not look like a very "sexy" month for me to buy and relax

Sell and go away in July is my mantra for BankNifty

 

[SexyTrader]

Selling calls and puts appears so risky but I see that you do it effortlessly. Don't you feel afraid ? How can I learn to trade like that ? Please advise

Yes it is risky! But I find selling calls & puts far better than buying them :thumb:

HATE to see the premium decaying when calls or puts bought

In my experience, Options should ONLY be sold...no use buying and holding them!

If you want to trade well, you have got to get used to RISK :thumb: