Madhav Magic

[madhavareddy1203]

Guys.. remember.. every day its not possible to trade in nifty options.

 

[madhavareddy1203]

Trading in options? risky ? easy? more profitable? what u think as per ur experience. In my view Trading in options is a good game for good analysts.

 

[madhavareddy1203]

I will show how to make money.. how to keep capital safe. get ready. dont afraid of losses. control ur emotions.

 

[Shailu]

20 points stoploss in 20 lots that means 20000 rs loss plus brokrage loss.
first target is lesser than ur stoploss that also is risky.

 

[madhavareddy1203]

20 points stoploss in 20 lots that means 20000 rs loss plus brokrage loss.
first target is lesser than ur stoploss that also is risky.

Boss.. This is the mistake of our traders.

SL means... When we are at positive in market when any unexpected moment happent to protect our capital we keep SL.

As per my exp and research keeping 20 pts SL is good idea. I already mentioned dont worry about SL.

I will move SL depending upon moment. U will understand all things in future.

U can understand about my targets also. Keep watching.

 

[madhavareddy1203]

About brokerage.. Plz take less brokerage account to trade in nifty options. now lot of brokers giving 20rs per trade.. for me 8rs per lot in options. so 16 rs both sides. total 20 rs including taxes.

 

[madhavareddy1203]

Ok friends. i will give answers to all ur questions with trades. U can ask questions. but dont leg pulling. here im sharing all my experience. ( 6 yrs of exp).

 

[rh6996]

Boss.. This is the mistake of our traders.

SL means... When we are at positive in market when any unexpected moment happent to protect our capital we keep SL.

As per my exp and research keeping 20 pts SL is good idea. I already mentioned dont worry about SL.

I will move SL depending upon moment. U will understand all things in future.

U can understand about my targets also. Keep watching.

Why 20 points, why not specify it in Percentage!!
When we Buy a Call at 100, the SL is 20% but what if I buy a call at 40, then it is 50% and well if I Buy it at 18!!!!
So it is advisable if SL is specified in Percentage terms!!

 

[rh6996]

While discussing Options with a Senior member here it came out that in Options he uses double parameters for SL!! He has a Percentage based SL and also Nifty level based SL whichever triggers earlier he is out!! Similarly he also has Target levels!!

 

[madhavareddy1203]

Why 20 points, why not specify it in Percentage!!
When we Buy a Call at 100, the SL is 20% but what if I buy a call at 40, then it is 50% and well if I Buy it at 18!!!!
So it is advisable if SL is specified in Percentage terms!!

Good question... 20 points not fixed.. this is not percentage game also.. depending upon strength and available time my targets will change. ( My calls only intraday)

Coming to prices.. i always trade ITM or ATM strike prices. not OTM. I will not encourage OTM.

Cos u can find good moment in ATM ot ITM.

Thats why i strictly mention to trade in only mentioned strike prices.. Never trade in other strike prices.

Lot of reasons there when to trade in OTM.. when not