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

[Somatung]

I have been watching the FII Game for some time :thumb: Markets have really gone higher and higher...so good !! Except I don't know who/why buying at such HIGH LEVELS !!

Prudent buying is to buy cheap........BUT seems everyone is interested in buying expensive I'm NOT......so will hold my current position and RELAX :thumb:

There are times to buy cheap and there are times to buy a bit more expensive. No rules written about that in stones. Just experience over time in what ever market you trade with what ever scope and used stratey you value it. Take care

 

[trade4putuval]

the put that u bought at 54 is now 28, which is almost half, what is ur SL strategy? As per SST strategy, we have changed from short to long yesterday.

On further introspection, http://www.traderji.com/trading-diary/88670-nifty-options-trading-raj-529.html#post987190

Your views!

 

[SexyTrader]

On further introspection, http://www.traderji.com/trading-diary/88670-nifty-options-trading-raj-529.html#post987190

Your views!

Yes I believe we are in for a BIG correction, maybe 700 points as suggested! :thumb:

We cannot go any higher! We have reached the top for now My open PE position will DOUBLE or TRIPLE soon...

 

[trade_beginner]

Yes I believe we are in for a BIG correction, maybe 700 points as suggested! :thumb:

We cannot go any higher! We have reached the top for now My open PE position will DOUBLE or TRIPLE soon...

Dear Sir, what happened to your imaginations, when FII is going to exit their long positions ? any more clues ? :rofl::clapping:

 

[yan]

Yes I believe we are in for a BIG correction, maybe 700 points as suggested! :thumb:

We cannot go any higher! We have reached the top for now My open PE position will DOUBLE or TRIPLE soon...

so whats your average buying price, 7400 PE near around 20

 

[rajesh.vashisht]

at wat price ypu shorted 6000 call...i think if its around 25-30 then to earn 1 lakh premium you need to short 90 lots...this will require 15 lakh margin....so you are not trading with just 1 lakh

 

[SexyTrader]

so whats your average buying price, 7400 PE near around 20

7400PE is of Aug expiry....so its cool to hold it :thumb: I had bought it at 54/- and now its gone down.

So tomorrow depending on the market condition, I'll buy some more of 7400PE Aug to average down my buying cost

P.S. I have not shorted any 6000 call !!!!!!!

 

[yan]

at wat price ypu shorted 6000 call...i think if its around 25-30 then to earn 1 lakh premium you need to short 90 lots...this will require 15 lakh margin....so you are not trading with just 1 lakh

Thats why Read carefully Before coming any conclusions !!!

Dear Sir, what happened to your imaginations, any more clues ? :rofl::clapping:

sxy never said to follow his thread ,So it's better not too criticize this man.when anyone made good profit on his call then never said anything but wen making loss then problem arise. Profit, loss are include in trader life,what ever it's comes take it positively :thumb:

 

[SexyTrader]

7400PE is of Aug expiry....so its cool to hold it :thumb: I had bought it at 54/- and now its gone down.

So tomorrow depending on the market condition, I'll buy some more of 7400PE Aug to average down my buying cost

P.S. I have not shorted any 6000 call !!!!!!!

Today .....Bought additional lots in 7400PE Aug at 21/- now :thumb: Now average buying price is 37.50/-

And holding the position to DOUBLE or TRIPLE it soon

 

[TraderRavi]

This thread is for traders with capital over 40 lakh , not for all.