NIFTY Options Trading by RAJ

[columbus]

Raj, Don't take it to the heart, you are really doing good. One failure will not take out your learnings. Markets will always gives surprise, don't give up now. Let us learn from the mistake.

We should accept the fact that Markets are highly Manipulated sometimes.
Few months ago, every parameter went against market , but SENSEX rose by 100 odd points.
(Putting shame to the words AGAINST MARKET)

 

[bksujal]

well these people who manipulated the market and took it up knew the RBI MSF rate cut in advance! Tomorrow 6000 should be easy to breach

 

[timepass]

well these people who manipulated the market and took it up knew the RBI MSF rate cut in advance! Tomorrow 6000 should be easy to breach

If that was the case, the bank nifty would've boomed, which didn't happen.

 

[trader15]

If that was the case, the bank nifty would've boomed, which didn't happen.

Options ka premium kha rahe hai badee log.

There is no trigger why market went up and down...

 

[anup0212]

Today was full of surprises. Somehow it does not seem to be working for me. Thinking of Quitting. I have been trying and trying from 2009.

Anyway Let me take a break and think about it

Hey Raj, this is what happens when things look so obvious and you know when we opened down may shorts were in place and when MARKET look obivous better to let our mind think Why is it so Obvious and then MARKET suprise us ? well a bad day for trader and we all learn from mistakes...keep your faith alive like the way your signature says ...rule -1 "never to bow to OPERATOR" and rule -2 "keep faith in your self"...I am sure you have came a long way and really u have find some great strategies and let peole like me to learn them...I joined TJ in 2010 and until 1 month ago only I find your link and I feel this is the best thread of TJ...so keep up man U will reach your goal some day sure...:thumb:

 

[sanjeev258380]

Today was full of surprises. Somehow it does not seem to be working for me. Thinking of Quitting. I have been trying and trying from 2009.

Anyway Let me take a break and think about it

hii Raj,
Your streatgy and your tools are awsome and showing good indicators.
But the primary error i think you have done is buying options..
Remember Raj.. 2-3 months back when you have started shorting options in pair..
it was awsome profit. like we short pair of 95-110 value
and cover it when it come around 80-75.. it was awsome profit.
Raj my personally advice do trade for this type of small money but safe money.

 

[anup]

Raj, Please come back man..

 

[healthraj]

NIFTY Analysis for Today

As per Price Action Buy NIFTY above 5985 SPOT. Sell Below 5945 SPOT.

As per OAT, not much volume in Options. So better to wait and take a call.

The MAX OI still at 5700-6100. So as I have been telling 6100 is very much possible in this week. So Risky can buy 6200 CE 65 or 6300 CE @ 38

 

[gmt900]

Today was full of surprises. Somehow it does not seem to be working for me. Thinking of Quitting. I have been trying and trying from 2009.

Anyway Let me take a break and think about it

Dear Raj,
We all know that market is full of surprises. Please don't think that it is not working for "You". On the contrary you are going about it in a far more systematic way than most of us do. It is most natural for one to feel dejected when one gets a nasty surprise. All of us have gone through these emotions.
It is a good idea to take a break. I am sure you will get over this feeling and bounce back. Good wishes of so many fellow traders are with you.
I had posted an article "Stock Market and You" from speaking tree in Times of India . You may like to go through it.
I wish you many years of satisfying and successful trading.
Thanks and regards,
gmt900

 

[healthraj]

Thanks friends for all your encouraging words. I have been trying hard from 2009 and in the last 6 months it has been a Zero sum game (No loss No gain). So Let me try some one more year so that I will complete my 5 year self-degree in Trading.