Need to make 25 Lakhs in 1 year.
- Thread starter The Piedpiper.
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My Guru's strategy for next week:
Expecting market to open gap up by atleast 50 points.
Dump all long positions @ market open( as markets are at extreme overbought levels and its only fair to expect a decent pull back)
Put a premarket order to buy 10 lots 5500 put @ 10 .
If the put order gets filled then great or else will further decide the next course of action after watching how things pan out from there.
Expecting market to open gap up by atleast 50 points.
Dump all long positions @ market open( as markets are at extreme overbought levels and its only fair to expect a decent pull back)
Put a premarket order to buy 10 lots 5500 put @ 10 .
If the put order gets filled then great or else will further decide the next course of action after watching how things pan out from there.
Holding 500 puts of 5300 @19/- now you can assume... what i'm expecting.... 
IMO: fed is not going to announce QE3 today... but if they given signal for QE in near future then do not expect major up/down side....
but no announcement and no signal will disappoint traders very deeply...
BUT PLEASE NOTE THAT MY ASSUMPTION GOES ALWAYS WRONG....
THATS WHY I AM A LOOSER IN STOCK MARKET.... BYE...
IMO: fed is not going to announce QE3 today... but if they given signal for QE in near future then do not expect major up/down side....
but no announcement and no signal will disappoint traders very deeply...
BUT PLEASE NOTE THAT MY ASSUMPTION GOES ALWAYS WRONG....
THATS WHY I AM A LOOSER IN STOCK MARKET.... BYE...
Hey Piedpiper!!! I respect your courage, you broke your FD and sold your gold to arrange 1 lakh and want to trade with this amount. To make this decision itself requires lot of courage.
Many people in this forum have written that people have lakhs and crores and why cant they make such huge amounts. The answer is simple, they dont have courage my friend.
For example, many children have the potential to be Sachin Tendulkar, but not all infact not even 2 become tendulkar,you know why??? Cuz they or their parents could not take the risk of getting every thing or nothing.. 99.99% of us take the decision of studying till graduation, get a secure job and live a mediocre life, we all have a simple choice and that is what we choose. We all criticize people who want to take a path less travelled as we ourselves dont have the courage to take that path..What wud Tendulkar have become if he did not choose Cricket??? We dont even know and we dont want to know as well...
The point is, if you have 1 lakh, dont think many have that amount so why cant all become rich, as each of us have 2 eyes, 2 ears, 1 mouth and 1 nose but all of us look different..Dont we???
So, what do I mean here??? Or what is it that I want to prove??? I just want to say that now you know tht u have courage, try to get what it takes other than that to make that kind of amount. You should have a strategy, a plan, knowledge, intelligence, perseverance and will..With all these in right proportions you will get your recipe for success...All the best and remember, it requires only ordinary idea and extra ordinary efforts to make it big..
Many people in this forum have written that people have lakhs and crores and why cant they make such huge amounts. The answer is simple, they dont have courage my friend.
For example, many children have the potential to be Sachin Tendulkar, but not all infact not even 2 become tendulkar,you know why??? Cuz they or their parents could not take the risk of getting every thing or nothing.. 99.99% of us take the decision of studying till graduation, get a secure job and live a mediocre life, we all have a simple choice and that is what we choose. We all criticize people who want to take a path less travelled as we ourselves dont have the courage to take that path..What wud Tendulkar have become if he did not choose Cricket??? We dont even know and we dont want to know as well...
The point is, if you have 1 lakh, dont think many have that amount so why cant all become rich, as each of us have 2 eyes, 2 ears, 1 mouth and 1 nose but all of us look different..Dont we???
So, what do I mean here??? Or what is it that I want to prove??? I just want to say that now you know tht u have courage, try to get what it takes other than that to make that kind of amount. You should have a strategy, a plan, knowledge, intelligence, perseverance and will..With all these in right proportions you will get your recipe for success...All the best and remember, it requires only ordinary idea and extra ordinary efforts to make it big..
I am also hoping the market to open as high as possible, 5600Call @ 42 is what I have ....Dont ask how many if u dont wanna faint...
the reason is simple: pros need your blood bro !
whenever common people (from your previous post, I ve judged you as a common dude) buy tops, pros milk them as a rule !
well, as like anything else in markets, my above words are delivered under 'i may be wrong by 20% probability' disclaimer
lets see !
well, then I guess tomo, its going to gap down
the reason is simple: pros need your blood bro !
whenever common people (from your previous post, I ve judged you as a common dude) buy tops, pros milk them as a rule !
well, as like anything else in markets, my above words are delivered under 'i may be wrong by 20% probability' disclaimer
lets see !
the reason is simple: pros need your blood bro !
whenever common people (from your previous post, I ve judged you as a common dude) buy tops, pros milk them as a rule !
well, as like anything else in markets, my above words are delivered under 'i may be wrong by 20% probability' disclaimer
lets see !
oops ! @Bpr, you tried to help a newbie... but he calls you back as dumbo... still worse he thinks you discourage a budding millionaire bcoz u r a loser !
Ofcourse you are dumbo for trying to explain the difference between 'yellow' and 'green' to a blind guy, you forgot a blind guy never has the concept of 'color' to begin with ! If a newbie can't figure out why people lose, and thinks if its all one has to do is 'buy low and sell high'... then he is missing multiple crucial market concepts... well am not going to do the same mistake as you... when I see such newbies with initial victory in markets, I whistle and feel happy for everything that's happening and going to happen (you already know whats cooking!) god is great afterall
Ofcourse you are dumbo for trying to explain the difference between 'yellow' and 'green' to a blind guy, you forgot a blind guy never has the concept of 'color' to begin with ! If a newbie can't figure out why people lose, and thinks if its all one has to do is 'buy low and sell high'... then he is missing multiple crucial market concepts... well am not going to do the same mistake as you... when I see such newbies with initial victory in markets, I whistle and feel happy for everything that's happening and going to happen
(you already know whats cooking!) god is great afterall 
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