My options trading diary----kiran_thiru

[kiran_thiru]

sbin chart 19 july 13

 

[bapu4]

hi kiran,
I feel sad looking at your trades,I feel Options should be traded intrday if you are getting profit,if not you have to keep them for at least 3 days, of course with SL,long ops should be avoided after 15 days of the series,secondly pl. study market correction strategy 315 on this forum I feel your perspective of trading will change you will trade less,more the frequency of trades more the chances of making losses(This is my experience).
Wish you a good luck,
BC
Vivek

 

[kiran_thiru]

thanks boss. actually i am profit in 1st long trade of sbin ce. but suddenly sbin is down so i was in loss. 2nd pe trade is initiated and that too in profit, but after sbin is up and pe is down. so i feel i don't trade no more in that day.
can you give me the link of 315. thank you for your advice.
:clapping:

 

[kiran_thiru]

bought ril 940 ce @ 2.55--2 lot

 

[kiran_thiru]

sold ril 940ce @ 3.45--2 lot
profit--450

 

[kiran_thiru]

luckly i sold at high at that time.
after i sold ril 940 ce came to 2.80 again.

 

[kiran_thiru]

bought bnf 10800 pe @ 48.45--one lot

 

[kiran_thiru]

closed bnf 10800 pe @ 47.10
loss--34
it went high @ 53 after i buy
down to 36 after i square off

 

[kiran_thiru]

todays profit 415--less brokerage

ril chart

nifty chart

 

[kiran_thiru]

bought 6000 pe @ 7.25---3 lots