NIFTY Options Trading by RAJ

[DanPickUp]

I am new to trading started with equity now in options ......don't have much knowledge and info would any one please show me the path like when to buy pe or ce ................started with 40k now left 5k....................plzzz guide me


can anybody hear me...am i talking to my self

Hi AFORASTRO

Well, if you lost all that money, sad to hear. Did you try to analzye how you lost your money? Did you study about options before you started to trade them?

Befor you now move on to spend the rest of your money on trades you may do not understand, start to learn a bit more about options and how to trade them. The thread you are in now needs already some kind of knowledge about options. Not sure if you are on that level. Is it possible for you to give some more information what went wrong in the past with your trades and where do you see by yourself the weak points. If we know that, we may bettern can lead you to the right place in the forum.

Take care / DanPickUp

 

[timepass]

can anybody hear me...am i talking to my self

Are you in the habit of talking to yourself ?? Also, do you sleepwalk ??

Well, you are the best person to answer that, aren't you ?

Anyway, the forum talks to all the viewers, you have to have the ears and the attention to detail for listening to it and absorbing the right material.

There are many threads here about options fundamentals. I strongly recommend the thread by DanPickup.
http://www.traderji.com/options/66266-option-trading-danpickup.html

................started with 40k now left 5k....................plzzz guide me

My trading capital is Rs. 3000 at present. I am posting my daily summary in Ravi's thread.
http://www.traderji.com/futures/89068-day-trading-nifty-futures-331.html#post866302

 

[toocool]

If you are using a Android phone, I downloaded a cool application from investing.com which has all the key events under the "Calendar" section + Plus you can see the World indices Futures. Today for India it had listed the RBI Rate policy and had put the Expectation as 7.25 and Actual as 7.5.

thanks for suggesting ,yup got galaxy NOTE 2 , big screen is what i took it for as i also have zerodha mobile trading on it for traveling days . earlier even NOW software was on it

Nice:thumbup:

 

[AFORASTRO]

Hi AFORASTRO

Well, if you lost all that money, sad to hear. Did you try to analzye how you lost your money? Did you study about options before you started to trade them?

Befor you now move on to spend the rest of your money on trades you may do not understand, start to learn a bit more about options and how to trade them. The thread you are in now needs already some kind of knowledge about options. Not sure if you are on that level. Is it possible for you to give some more information what went wrong in the past with your trades and where do you see by yourself the weak points. If we know that, we may bettern can lead you to the right place in the forum.

Take care / DanPickUp

i don't have knowledge of options i treat them same as equity and i lost the money in commodity and equity .I started trading since 2nd july 2013.I have zero knowledge of finance world and now just started gaining some thing by going through most of the threads in this forum.


The weak point is that i do trade in options without any base information i started trading in options since yesterday and lost 2.5k ....i use nest for trading.

 

[AFORASTRO]

Are you in the habit of talking to yourself ?? Also, do you sleepwalk ??

Well, you are the best person to answer that, aren't you ?

Anyway, the forum talks to all the viewers, you have to have the ears and the attention to detail for listening to it and absorbing the right material.

There are many threads here about options fundamentals. I strongly recommend the thread by DanPickup.
http://www.traderji.com/options/66266-option-trading-danpickup.html
My trading capital is Rs. 3000 at present. I am posting my daily summary in Ravi's thread.
http://www.traderji.com/futures/89068-day-trading-nifty-futures-331.html#post866302

Thanks for the link going through them..................

 

[DanPickUp]

i don't have knowledge of options i treat them same as equity and i lost the money in commodity and equity .I started trading since 2nd july 2013.I have zero knowledge of finance world and now just started gaining some thing by going through most of the threads in this forum.


The weak point is that i do trade in options without any base information i started trading in options since yesterday and lost 2.5k ....i use nest for trading.

@AFORASTRO

Ok, then I recommend you to stay away from the market for a certain time and instead invest in your education about trading. TP has mentioned my thread. It is a typical learning thread and is meant to educate people like you about option trading. Do not handle options like a share or a future. That would be a fatal mistake.

You say you lost money in commodities and in equities. So why do you now want to jump into option trading, as option trading under certain circumstances is the most difficult of all, depending how we want to use them?

Did you in dept analyze your losses in the Commodities and Equities? Did you analyze your entries and stop losses and even your exits? It will take some time to do so, but now jumping into option will also take time to learn about them. Just wanted to show you that you have at least two ways now. Think about it.

As always: Your time, your money, your choices.

Take care and decide wisely / DanPickUp

Edit: Sorry Healthraj to disturb the flow of the thread, but I think somebody needed some help, so posted to that request. Hope you do not mind.

 

[healthraj]

@AFORASTRO


Edit: Sorry Healthraj to disturb the flow of the thread, but I think somebody needed some help, so posted to that request. Hope you do not mind.

No issue Dan. Hope you are doing the right thing. If somebody like you were there I would not have lost the lakhs and lakhs that I lost.

Yes I agree. First we have to go to Kinder garten, Then 1st standard to 12 the standard, then an UG degree and if required a Master degree. Then only somebody in India will give a Job. So why should Trading job be different.:thumb:

@AFORASTRO, Please take it in the right sense. Otherwise it is anyway your money and your life. You can still want to loose it at your will

 

[maneverfix]

Raj Sir, you will cover up all your loses and will make a fortune:thumb::thumb::thumb:

All the best.

No issue Dan. Hope you are doing the right thing. If somebody like you were there I would not have lost the lakhs and lakhs that I lost.

 

[AFORASTRO]

No issue Dan. Hope you are doing the right thing. If somebody like you were there I would not have lost the lakhs and lakhs that I lost.

Yes I agree. First we have to go to Kinder garten, Then 1st standard to 12 the standard, then an UG degree and if required a Master degree. Then only somebody in India will give a Job. So why should Trading job be different.:thumb:

@AFORASTRO, Please take it in the right sense. Otherwise it is anyway your money and your life. You can still want to loose it at your will

Thank you all for advice .....now on learning path than on earning

 

[manojborle]

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Update to previous week
This is now second week lower levels are rejected.
If 5525 broken then it is going up, What you say friends ?

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When I had asked this question in my post , I did not get proper response except Healthraj(and one more person I dont remember his name but he pointed out my mistakes which was the purpose of mine to post and not arguing with anybody) off course he has given his reasons which was fair enough.
I was just saying that it looks like a trading range on weekly chart and it should reverse.
It did reverse and touched the upper side also rather faster than my expectations and with that view only I had paper traded and trades were posted in Stocktrendy's thread.

Thanks