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

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I had shorted 120 lots of 10600 PE at 280/- around the 3rd week of July as mentioned earlier.

Premium collected was 840000.

I was trying to hedge this notional loss by doing INTRADAY buying/shorting BankNifty(Fut) and managed to offset some of the notional loss.

Today seeing the current scenario, I bought 120 lots of 9500 CE September series at 450 now :thumb: This should be a good hedge! And I will make up the notional loss soon :)
Hey, Can you use some less 0's, it just makes my head spin seeing all those 0's on right side. 120 lots, premium collected 840000 etc :(
 

Mr.G

Well-Known Member
What the hell is going on here!? How can anyone risk 40lakhs for trading unless he is a 60+ guy who has spent his entire life trading?
 

SexyTrader

Well-Known Member
your notional losses are already (1134-284)*120*25 and to make matters worse you bought 9500 ce @ 425 paying a premium when options are the most inflated in a 6% downmove which is a huge premium (you have no idea what a mistake that is), clearly you have no clue about how options work.

If you remember your earlier aim was to get the 22 point loss money back , this has snowballed into i dont know what.


Your thread will soon reduce to the topic

Learn how to make 1 Million by starting with 1 Billion ,

sorry buddy even Rajnikanth will be unable to digest this.
The BankNifty 9500 CE that I bought today is of Sept series ! :) I expect to see the Government doing something to save their face (and ours too!)
 

SexyTrader

Well-Known Member
What the hell is going on here!? How can anyone risk 40lakhs for trading unless he is a 60+ guy who has spent his entire life trading?
Age is not a measure of ability :thumb:

I'm a young guy.... but that does not mean I cannot trade with a bigger corpus.

I have earned much more on the 40 lakhs I started out 2 years back :thumb: now I'm trading with the profits only :thumb: hence no risk to my capital.
 

TraderRavi

low risk profile
Age is not a measure of ability :thumb:

I'm a young guy.... but that does not mean I cannot trade with a bigger corpus.

I have earned much more on the 40 lakhs I started out 2 years back :thumb: now I'm trading with the profits only :thumb: hence no risk to my capital.
sexy ki trading jhingalala...........:clap:
 

ryan4ucar

Well-Known Member
Age is not a measure of ability :thumb:

I'm a young guy.... but that does not mean I cannot trade with a bigger corpus.

I have earned much more on the 40 lakhs I started out 2 years back :thumb: now I'm trading with the profits only :thumb: hence no risk to my capital.
ya you can fool many around here not me hard earned money is not wasted this way esp selling options , this thing is a bogus please dont do it anymore atleast write the truth
 
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