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

[prabhsingh]

ST,

If i want to send you some PM how can i do that as you have disabled not to receive PM's.My query is kindly can you post some technical details for PFC please.

 

[SexyTrader]

ST,

If i want to send you some PM how can i do that as you have disabled not to receive PM's.My query is kindly can you post some technical details for PFC please.

The reason for buying PFC 150 Put is that I sense a good doubling opportunity here....I do not base my decisions on technicals as I dont understand much of that, I go STRICTLY by my INSTINCTS and I have not gone wrong as yet. Maybe coz my "hunches" do seem to work....have tested that over so many trades posted on here as well :thumb:

I bought PFC 150 Put at 3.20/- and I will exit at 6.40/- I dont mind waiting coz I sense it will happen in this series. But I will NOT exit PFC 150 Put without the doubling

 

[SexyTrader]

I have noticed over a period of time, the TA/FA jargon tends to get really complicated Personally I like to keep things simple....

I tried to read up on TA/FA and found it so damn boring In fact I'm happier without all these technicals, coz technicals make things look so monotonous than they actually are

INSTINCTS work best over any TA/FA...I'm convinced of this :thumb:

Today, I will buy the 5500 call....its looking good to buy

 

[SexyTrader]

Today that is Tuesday....

I bought the 5500 Call at 12.80/- today, was patiently waiting to get it at a good price Finally managed that today......

And my target is open....though I wish to profit-book at 31 (or more!), if that can be made possible

And keeping my SL at 2.80/-

Lets see how this game goes!

 

[SexyTrader]

On Tuesday, I did profit-book the Nifty 5500 Call at 24/- coz I got my near-doubling coz bought it at 12.80.....and I did not feel like holding for today Wednesday

I feel today Wednesday, the Nifty may be hammered down....so I'll wait and watch and then decide :thumb:

For now, I just hold the PFC 150 Put coz not yet reached my target of 6.40/- I do not profit-book without my doubling

 

[SexyTrader]

I was expecting the Nifty to be hammered down Today But looks like the positive sentiment in Europe might have arrested that!

But I feel its best to buy Nifty Puts dirt-cheap now....coz I feel this Sept expiry will end in the red

Today....I'm not holding any positions, just watching :thumb: But the PFC 150 Put bought earlier is held tightly!

 

[SexyTrader]

All this ECB talk and bail-outs been going on for a long long time! It looks like Europe is fooling around with the world at large :annoyed:

Every few months or weeks, they keep chanting this bail-out routine! And the world markets start rallying for no reason

The countries benefiting from ECB are the stupid ones that spent all their money enjoying their beer on the beach.... and then one fine day realized they didn't have money to pay their bills :rofl:
And begging others to rush in and bail them out :lol: while the world markets dance around for no apparent reason!
Who's bailing out GREECE for their ancient monuments ? Raise your hands please! :rofl: :lol:

Stupid!!! Our Sept expiry will be in the red, so start accumulating NiftyPUTS is what I'm doing as well :thumb:

 

[SexyTrader]

Today...that is Thursday

I will buy JPassociates 70 Call when I get it at 1.50/- & also TataMotors 270 Call when I get it at 3/- :thumb: Maximum lots the way to go!

Other than this, I continue to hold the PFC 150 Put.

This is my game-plan for Thursday

 

[SexyTrader]

Today that is Thursday, I did learn something new :thumb:

Just out of curiosity, I also did buy AlokTextiles 10-Put at 0.15/- as soon as it opened....with maximum lots to test out !
And profit-booked at 0.35/- just a few minutes back :thumb:

In just 6 hours, it more than doubled :clapping: I like this INSTINCTIVE strategy I stumbled upon today !

Every day is a LEARNING day! Hurray!

 

[SexyTrader]

So SexyT Bhai,
How many lots qualify as maximum lots ? for AlokText is is it 1100000 ?

Maximum lots allowed for an individual person on NSE/BSE is what I mean by maximum lots :thumb:

I have been advised by SmartTrade here, not to state exact lots.
I operate with high margins with very HIGH RISK as I like it that way.....but others may not be able to handle that as everyone's RISK-APPETITE is different

So I always mention the prices I bought or sold, not my exact quantity....as I do not want to be held responsible for any person's loss due to trading the exact quantity as mine.

I love HIGH RISK = HIGH RETURNS and I can handle it very very well, but not everyone does....I have realized that too