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

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SexyTrader

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Whatever little experience I managed to get out of my own free-style trading...I feel SELLING OTM & ATM options is ALWAYS BETTER than buying them :thumb: I speak this from personal experience coz buying and holding these are a big headache....selling OTM & ATM options feels so comfortable compared to buying them!! :thumb:

Futures are a good hedge against Selling these options...this combo works best in my opinion. :)

So this is going to be my strategy for the near future :thumb: I like this comfort
 

SexyTrader

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For INTRADAY today....

Bought DLF(Fut) at 273 now :thumb: and hoping to profit-book 5-10 points up!

No SL for now....STRICTLY Intraday :)
 

SexyTrader

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Along with my 5900 PE Writing thats been active for this series....TODAY I am Writing 5800 PE at 55/- :thumb:

Now 2 open positions in Writing 5800 PE & 5900 PE :)
 

SexyTrader

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Today I will profit-book both (WRITING 5800 PE & 5900 PE) as soon as Target achieved :thumb:

Till afternoon 1.30 pm, everything looks proper....for a brief rally to 5900 is what I feel. :)

Maybe expiry ULTIMATELY around 5850 or less ! Cannot be sure.......
 

Rish

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This is the reason, i told you Joker.

Anybody is trading without s/l and giving levels in the open forum without S/l, Real Joker.

Good trader will always give levels with S/l.
 

Rish

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Jassi bhabhi's already squared her position at 6 in the morning :D
Yes possible. otherwise, if market recover from low 5721 and close above 5880, he will come and say, just now i closed the position.

Whatever it is, he is real JOKER, doing PAPER TRADING.

Open forum, we can give levels, not like this IDIOT without s/l, if somebody (without knowledge) following, they will be killed ! ! ! !
 
Maybe expiry ULTIMATELY around 5850 or less ! Cannot be sure.......
Please note that he did say that he is not sure about the expiry figure. He was right about the spike in the morning; also, his post indicates that he expected a retracement too. I won't be surprised if he did book profits or TSL hit.

Keep it up, Sexytrader :clap:
 

SexyTrader

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Today was a FANTASTIC day for me....:thumb:

Today turned out to be really good for me! Booked profits in all my positions...including some INTRADAY trades as well! :)

And I see the Nifty-spot heading down to 5600 or maybe 5500 soon !!!!!!
 

Rish

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Nobody can be sure about the trend, maximum we can trade with the trend and s/l, not running the trade into loss without s/l, that too selling put option at 68 and run position till the death.

Let the s/l hit does't matter, without s/l if somebody is taking trade definitely he is either joker or mad or doing only paper trading or only TIME PASS.

Open forum giving levels one should be careful, if any fellow member taking trade, where is the s/l for the trade ?

No regrets for my comments.
 
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