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

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abhi.

Active Member
Sexy sir, ur fans are increasing...:thumb:
I m always a Fan of anyone who tends to do sthg different from crowd.
Sexy has used one amazing mathematical concept to his benefit and it is called law of averages.
Almost every Big trader i heard always advised AGAINST AVERAGING , but this guy(Sexy) tends to be always averaging everything he buys and thus manages to enjoy awesome returns.
So maybe this is the very secret of biggies(This is y they always advised against it) which has been explored by Sexy :clapping:
 
I m always a Fan of anyone who tends to do sthg different from crowd.
Sexy has used one amazing mathematical concept to his benefit and it is called law of averages.
Almost every Big trader i heard always advised AGAINST AVERAGING , but this guy(Sexy) tends to be always averaging everything he buys and thus manages to enjoy awesome returns.
So maybe this is the very secret of biggies(This is y they always advised against it) which has been explored by Sexy :clapping:
Actually it's not so much averaging, but adding. When they spot a certain direction in a scrip, they take an initial position, maybe 25% position. Then, even the trade goes in the opposite direction, they continue adding till their stoploss is reached.
 

SexyTrader

Well-Known Member
Thanks for all the compliments :)

Today.....I have bought 10900 PE at 160/- now! And will average out if necessary...:thumb: Profit booking target is 320 or 480 !
 

SexyTrader

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Again added more lots of 10900 PE at 120/- :thumb:

Now the revised buying price is 140/- Hence my revised profit-booking target is 280 or 420 :)
 

SexyTrader

Well-Known Member
Again...added more lots of 10900 PE at 110/- :thumb:

Now revised buying price is 130/- hence my profit booking target is 260 or 390 :)
 

SexyTrader

Well-Known Member
More number of Far OTM Puts are being bought in INFY...

And coz of that, I think I should get my TRIPLING in 10900 PE :D
 

SexyTrader

Well-Known Member
Today...added some more lots to my 10900 PE position at 75/- :thumb:

Hence revised buying price is 116.25/- and my profit-booking target is 232.50/- or 348.75/- :)
 
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