My Daily Options Trading Diary

[lazytrader]

Thanks Buddy.. I have updated it, two of today's paper trade were real money trade as well.

TCS - 34% return (intraday)
BHARTIARTL - 65% return (intraday)

RELIANCE - WHAT A LOSER ... I have averaged it down to 22 and my target is at least 30 by Monday

Never average down. Without exception. Only average up.

 

[lazytrader]

This sheet is different compared to the one on google.
Never mind. Along with the "overall return" put the following as well:
Average win size
Average loss size
win percentage (%age of trades in which you make profits)
loss percentage (100 - win%)

Do this only for closed trades. You will trade differently when you know how you have doing by looking at those 4 parameters.

 

[DanPickUp]

Hy lazytrader

You found me some where else and now I found you here.

Take care and good luck

 

[findvikas]

This sheet is different compared to the one on google.
Never mind. Along with the "overall return" put the following as well:
Average win size
Average loss size
win percentage (%age of trades in which you make profits)
loss percentage (100 - win%)

Do this only for closed trades. You will trade differently when you know how you have doing by looking at those 4 parameters.

LT, the sheet on Google is my PAPER trade... while this is REAL and extracted from my KOTAK account. I will try and put those fields as suggested. Thanks.

 

[stockBond]

LT, the sheet on Google is my PAPER trade... while this is REAL and extracted from my KOTAK account. I will try and put those fields as suggested. Thanks

 

[stockBond]

This sheet is different compared to the one on google.
Never mind. Along with the "overall return" put the following as well:
Average win size
Average loss size
win percentage (%age of trades in which you make profits)
loss percentage (100 - win%)

Do this only for closed trades. You will trade differently when you know how you have doing by looking at those 4 parameters.

man!!!!! ........ how have you been able to earn 36K in tatasteel PUT options ??....it has been up throughout Sep month.........I didn't understand the logic

 

[findvikas]

man!!!!! ........ how have you been able to earn 36K in tatasteel PUT options ??....it has been up throughout Sep month.........I didn't understand the logic

It happened to be on 27th August when the bad news came in and the Spot was trading around 440, and 400 put was veryyy cheap.. around 10.5

I bought it in bulk as the news will drive the sentiment negative for at least 2-3days and operators will book profits and reenter at lower levels. So within 3-4days 400PA shot upto 18 when spot hit 415 and I booked it all as 415 was a good support in my sense and instead of buying 440CA at that time I waited outside market.... i wish I had bought 440CA at that time

 

[DanPickUp]

Hy findvikas

Now the question :

What made you to come to the decision, to wait outside of the market ?

Was it your personal approach, or had it some thing to do with your technical or fundamental analysis ?

You may can explain ?

Take care and good look

 

[findvikas]

Hy findvikas

Now the question :

What made you to come to the decision, to wait outside of the market ?

Was it your personal approach, or had it some thing to do with your technical or fundamental analysis ?

You may can explain ?

Take care and good look

415-420 was a a good support technically and the stock was oversold technically, a small bounce back was expected. Overall Steel industry was performing good but this guy was sitting on big losses, so it was a risky bet at that time given the losses and market sentiment for industry... Nifty was still going down..

I decided to watch it and not stay invested in this counter

 

[findvikas]

Till 18/09/2009

I have not booked any loss or profit as it was not a good day to do that, I am expecting a major upside move on Monday specially in RIL and betting big time, if that does not happen then I will have to close my positions on Monday with HUGE losses.

The Acquisition news, is it positive... I can read it as positive only... comments?