My Daily Options Trading Diary

[Mangafreakz]

Whats is your trading strategy Vikas ? You follow any particular pivots for calculating the Support and resistances ?

 

[findvikas]

watch out for 4675 in SPOT and short without worries below 4675 in SPOT for 4500-4444 in coming days

 

[findvikas]

back into action... 4 lots @ 94.8

 

[findvikas]

average it to 90

 

[findvikas]

changed my position... booked @ 80 (loss of 10) and shorted 2 lots 4600pe @ 78

 

[arnav_rulz]

Just one thing.. MArkets may/may not slide down.. but plz do remember money management and dont try and earn it all at once..

You may think market is trapping the bulls and it not turn out to be a big surprise that this is what the markets wanted you to think and it was just trapping the bears.. (reverse psychology lol)

Just remember 3 things..
1)Money management
2)Stop losses
3)Not to average out losing trades.

After that you'll be able to earn regardless where the market goes..

cheers

thanks but it was no way trapping the bears

we are nearing the all important levels of 472X, where we come to know who got trapped and who escaped.. hehe

 

[findvikas]

it was bull trap below 4730 and short covering above that levels

 

[findvikas]

either ways... I like to see my profits run... 4600PE shorted at 78 is trading at 70

 

[arnav_rulz]

either ways... I like to see my profits run... 4600PE shorted at 78 is trading at 70

thats why I really like your trades
you know na i wasnt questioning your trades.. just warning you and giving a diff prospective..

But i can clearly see your a stud at this

 

[findvikas]

yep.... I learned to "trade what you see" not what you feel