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

Status
Not open for further replies.
A

Anillal

Active Member
#51
#51
SexyTrader said:
Yes the circumstances look adverse :) But this 5800 Call is available quite cheap even at the current values is what I feel. So keeping a small amount open in the 5800 Call is not a bad idea coz the circumstances are such that they can swing either way....coz circumstances are being worked on to bring it under control and I feel they will do it sooner...coz the world is watching us too :thumb:

So I stick with 5800 Call.....with a small amount of course :) Its a bet now, not a trade :p
Click to expand...
Buying 5800CE is not a bad idea sir if it is just a bet. Although TA is favouring stocking up on 5500PE but you are right that current circumstances are so fluid that the market could swing either way as it is just a matter of a 60 point gap. Or the usual sideways would do just fine till expiry. Any which way and the TA will find justification for it like always. :) Anyways I was amused to see the way nifty spot got closed. Somewhat like a Russian roulette. Thank goodness that long ago I decided to stick only to stocks. :D
 
timepass

timepass

Moderator
#52
#52
Anillal said:
Buying 5800CE is not a bad idea sir if it is just a bet. Although TA is favouring stocking up on 5500PE but you are right that current circumstances are so fluid that the market could swing either way as it is just a matter of a 60 point gap. Or the usual sideways would do just fine till expiry. Any which way and the TA will find justification for it like always. :) Anyways I was amused to see the way nifty spot got closed. Somewhat like a Russian roulette. Thank goodness that long ago I decided to stick only to stocks. :D
Click to expand...
The stocks too had a surprise price after adjustment. SBI's LTP is 2123, whereas at 3.30 it was trading around 2112 :)
 
A

Anillal

Active Member
#53
#53
timepass said:
The stocks too had a surprise price after adjustment. SBI's LTP is 2123, whereas at 3.30 it was trading around 2112 :)
Click to expand...
I am not surprised sir. Trading SBI is like trading nifty and banknifty combined therefore I only get interested in it if both are trending on higher TFs. Normally I avoid such fluid daytraders stocks. However Vijaya bank did fine today both ways, although I could only capture the second leg properly. A couple of others midcaps I had been stalking patiently are now showing signs of done accumulation. Let us see if they breakout tomorrow. :)
 
S

SexyTrader

Well-Known Member
#54
#54
ethan hunt said:
You always trade maximum qty at max leverage etc etc etc....

So, if this call goes to ZERO can we assume your trading capital is wiped out ?

Already your capital is down to HALF from 3.5 > 1.8 ...

:fatigue:
Click to expand...
*** If you clearly read what I have stated...in the 5800 Call I am not trading with maximum quantity for obvious reasons.

Hence my trading capital is NOT gonna be wiped out :thumb:

I've bought this 5800 Call, just for kicks....and that too with a very small amount. As soon as this small amount doubles taking this 5800 Call as a pure bet, I'm gonna buy a new Iphone with the doubled amount, and if I lose it....I'll just lose a very small premium amount :)

So this is just doing something against the Trend coz I feel it can swing either way....And the undertone is bullish, so I'm expecting a DOUBLING OR TRIPLING at my profit-booking target of Rs.7/- or Rs.14/- or Rs.21/- :cool:

Simple huh ? :thumb:
 
ethan hunt

ethan hunt

Well-Known Member
#55
#55
SexyTrader said:
*** If you clearly read what I have stated...in the 5800 Call I am not trading with maximum quantity for obvious reasons.

Hence my trading capital is NOT gonna be wiped out :thumb:

I've bought this 5800 Call, just for kicks....and that too with a very small amount. As soon as this small amount doubles taking this 5800 Call as a pure bet, I'm gonna buy a new Iphone with the doubled amount, and if I lose it....I'll just lose a very small premium amount :)

So this is just doing something against the Trend coz I feel it can swing either way....And the undertone is bullish, so I'm expecting a DOUBLING OR TRIPLING at my profit-booking target of Rs.7/- or Rs.14/- or Rs.21/- :cool:

Simple huh ? :thumb:
Click to expand...
But I think you've posted after market hrs that you have taken limited position in call option ..... maybe seeing that it is down already :cool:

Anyways your limited position is up now.
 
S

SexyTrader

Well-Known Member
#56
#56
And now my new Iphone is assured :clapping:

The DOUBLING in my 5800 Call has happened today as I felt INSTINCTIVELY it would ! :thumb:

I was sure the 5800 Call would work the best!

Happy Trading all the time :)
 
S

SexyTrader

Well-Known Member
#58
#58
Now trailing my SL in this 5800 Call......

I'm going to wait for my remaining targets in 5800 Call namely Rs.14/- or Rs.21/- to come by :)

Lets see when that happens! :cool:
 
S

SexyTrader

Well-Known Member
#59
#59
Since I bought the 5800 Call at 3.50/- Yesterday Thursday....and its running above 13/- now, the SL has been trailed to 9.50/- :)

I will hold this 5800 Call till it reaches 21/- (or more!? :D )....and keep trailing the SL at two-three points below the current market price. That should work well :thumb:
 
Status
Not open for further replies.
Thread starter Similar threads Forum Replies Date
S How to invest 40 lakhs in equity & FnO and profit Equities 287
B Why it doesnt make sense to invest more than 5 lakhs in mutual funds Mutual Funds Discussion Forum 17
S how to invest 20 lakhs Introductions 4
N Suggestion on one lakhs investment. Mutual Funds Discussion Forum 2
S How to invest 40 lakhs in equity, FnO, commodities etc. Equities 533

Similar threads