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

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SexyTrader

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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
This is my way of trading....:thumb:

I can handle a LOT of risk, no big deal coz trading is not something like nuclear physics or tensor algebra or quantum mechanics :D

What I write is the truth, if you do not like it...sorry I cannot do anything :)

And the reason I have bought BankNifty 9500 CE September series is.... to make good the current NOTIONAL losses...and even if the premiums are high, no one stops from averaging cost in the coming days right ? :thumb: Good hedge!
 

ryan4ucar

Well-Known Member
This is my way of trading....:thumb:

I can handle a LOT of risk, no big deal coz trading is not something like nuclear physics or tensor algebra or quantum mechanics :D

What I write is the truth, if you do not like it...sorry I cannot do anything :)

And the reason I have bought BankNifty 9500 CE September series is.... to make good the current NOTIONAL losses...and even if the premiums are high, no one stops from averaging cost in the coming days right ? :thumb: Good hedge!
ok buddy dont say i didnt give you a fair warning but you are now pusing it to far.
you bought 120 lots of BankNifty 9500 CE September series at 425 today right ? 120*25=3k shares but your trades dont show up on the chart below there is nothing at 425

On top there are only 4 lots traded today open interest for the whole series is 75 lots ,so which exchange exactly did you trade 120 lots ?



 

Rish

Well-Known Member
On top there are only 4 lots traded today open interest for the whole series is 75 lots ,so which exchange exactly did you trade 120 lots ?
He use to trade with friends and near by families/street side gamblers, no question of how many lots ! ! !, even he can trade 1000000........ lots, paper trade/game there is no question of exchange. I hope he has lost money earlier, so, he is consoling himself and trading in paper.
 

SexyTrader

Well-Known Member
He use to trade with friends and near by families/street side gamblers, no question of how many lots ! ! !, even he can trade 1000000........ lots, paper trade/game there is no question of exchange. I hope he has lost money earlier, so, he is consoling himself and trading in paper.
To get the record straight....I have not lost money beyond what an usual trader would lose!
And these losses that are incurred in one Series gets nullified in the next Series to Series :thumb:

Of course, when it feels right....circular trading is done with friends coz keeps the profits rolling and at times saves a LOT on brokerage & charges coz adjusted against profits over multiple trades :)
 

Mr.G

Well-Known Member
Of course, when it feels right....circular trading is done with friends coz keeps the profits rolling and at times saves a LOT on brokerage & charges coz adjusted against profits over multiple trades :)
Explain........
 

SexyTrader

Well-Known Member
Explain........
Some trades are done in circular fashion...coz no brokerage needs to be paid upfront coz it gets adjusted against the Profits over multiple trades :thumb:

Saves on huge brokerages plus charges....coz you get the drift :) Even if charges etc on single leg can be saved, the profit-percentage increases by leaps :thumb:

Simple! And Liquidity is never a problem on this front...coz smooth operation and profits credited as soon as that leg of transaction is booked.
 

Mr.G

Well-Known Member
Some trades are done in circular fashion...coz no brokerage needs to be paid upfront coz it gets adjusted against the Profits over multiple trades :thumb:

Saves on huge brokerages plus charges....coz you get the drift :) Even if charges etc on single leg can be saved, the profit-percentage increases by leaps :thumb:

Simple! And Liquidity is never a problem on this front...coz smooth operation and profits credited as soon as that leg of transaction is booked.
I have never heard of this type of circular trading between people, What are you trying to say?
 

SexyTrader

Well-Known Member
I have never heard of this type of circular trading between people, What are you trying to say?
Of course its done.....especially when one wants to save on brokerage plus charges in one leg of transaction :thumb:

Two way brokerage plus charges on a big amount can eat away the profits...so its done :)
 

Mr.G

Well-Known Member
Of course its done.....especially when one wants to save on brokerage plus charges in one leg of transaction :thumb:

Two way brokerage plus charges on a big amount can eat away the profits...so its done :)
How is it done? Whats the process? My family friends are big brokers I have not heard of this.
 
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