NIFTY Options Trading by RAJ

How do you use OAT tool?

  • For Intraday Naked Options trading

    Votes: 58 37.7%
  • For Intraday Pair trading of Options

    Votes: 27 17.5%
  • For Intraday Futures trading

    Votes: 18 11.7%
  • For Positional Naked Options trading

    Votes: 35 22.7%
  • For Positional Pair trading of options

    Votes: 29 18.8%
  • For Positional Futures trading

    Votes: 11 7.1%
  • To trade in Cash market

    Votes: 13 8.4%
  • Overall trading has improved with OAT

    Votes: 27 17.5%
  • Understanding of Options has improved with OAT

    Votes: 57 37.0%

  • Total voters
    154
  • Poll closed .

SexyTrader

Well-Known Member

healthraj

Well-Known Member
Dear Raj,

Went through your charts in detail... To support your charts Sgxnifty is already +55 one can see http://sgxnifty.org/

Simple question is if these charts on real time working well then why don't you try directional trades with NF it self, it will be really a great deal towards a better rewards!!

Toughard
Thanks for your suggestion. My simple answer is that in the last 3 months, I have been consistently making profit in Options. Using Options I am able to manage the Risk using Pairs. I have also started trading naked Calls or Puts recently. But my comfort lies in trading pairs.

If one is trading naked Calls or Puts, In terms "better rewards", I still think Options have a greater rewards than Futures.

I think one has to First conquer Fear and then one can conquer Greed.

Also as per my Trading plan for at least six months, I want to trade with the same instrument (NIFTY Options) and same quantity and consistently make profit. I have 3 more things to complete this rule. I will may be consider trading in Futures and other instruments after 3 months.
 

toughard

Well-Known Member
Thanks for your suggestion. My simple answer is that in the last 3 months, I have been consistently making profit in Options. Using Options I am able to manage the Risk using Pairs. I have also started trading naked Calls or Puts recently. But my comfort lies in trading pairs.

If one is trading naked Calls or Puts, In terms "better rewards", I still think Options have a greater rewards than Futures.

I think one has to First conquer Fear and then one can conquer Greed.

Also as per my Trading plan for at least six months, I want to trade with the same instrument (NIFTY Options) and same quantity and consistently make profit. I have 3 more things to complete this rule. I will may be consider trading in Futures and other instruments after 3 months.
Nicely putted raj... well there is no static set of rules in trading as its success is derived basically by following a method that is comfortable for particular trader!

No second thoughts on naked options rewarding more than futures while only Faith can remove the Fear and interestingly a good system can remove fear as well as it can handle greed too!!

What amazed me is that you had given your fear and greed a TIME of 6 months to accept their defeat so that you can conquer both!

Finally, its all about an emotion less leverage, in simpler terms becoming a core mechanical trader BTW I must admit that your charts are catching accurate tops and bottoms compared to the system that I use (below) which have some confirmation lag based on momentum, which gave me around 670+ point in last month from 4 trades and works good for naked options too.


Good luck ahead,
Toughard
 
Links to my Tools and other important links

OAT Tool v1.2
http://goo.gl/qyHQgn

MTP V3.5
http://goo.gl/GeQ2Y7

OTP V1.0
http://goo.gl/MsHuCl

Stock Screener v1.1
http://goo.gl/b1ikFU

MAX Pain Calculator Excel
http://goo.gl/oynJUs

Trading Chart Patterns Presentation
http://goo.gl/fg91j5

Options Oracle tool
http://goo.gl/R3ziDU

SAINT's FLOW Method Level 1 & 2
http://goo.gl/tGY01G
http://goo.gl/sh5cHu
hello,

OAT link doesnt works.

is there any other link to download this tool.

thanks
 
Please find the updated version

ht tp:// w ww. 4shared .com/file/ZiRmzVBTce/healthrajs_trend_finder.html

I have slightly modified the approach. Instead of taking the Trend of the Close price. I find the Trend of High and Trend of the Low and Took an average of the two trends to get the overall trend line or pivot line...

R1 = High Trend + Standard Error
S1 = Low Trend - Standard Error
R2 = R1 + Standard Error
S2 = S1 - Standard Error

I have corrected all the formulas.

For calculating the Pivot line, Instead of taking an Average High Trend and Low Trend, One can also directly find the Trend from the "Close" price
sir
in this excel sheet why is the "#" column starts with 42.

m sure that this numbering is not mistake.

pls do care to explain

thank you

Regards
 

toughard

Well-Known Member
sir
in this excel sheet why is the "#" column starts with 42.

m sure that this numbering is not mistake.

pls do care to explain

thank you

Regards
Dear Raj,
with your permission.... Ritesh you can the EXCEL below and it self explanatory!!




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