Playing since 2005 lost 13+3 lakhs

[PGDIMES]

Re: Playing since 2005 lost 13+3 lacks

Thank you . just for a change bought futures. need some time to gain confidence in this futures.. thanks for your blessing....

As you were in no mood to study materials on options before trading it (which I believe is more mathematical than directional), it will be always better for you to trade futures as no (though theoretically there is some time value attached) time value will be there to eat into your profit... This is kinda your 50-50 gambling... So bon voyage...:thumb:

 

[stock72]

Re: Playing since 2005 lost 13+3 lacks

23-12-2010-Gambling PROFIT 0K . so number now -1543-0K=-1543k
regards

Note : 1) Holding 8 lots of dec nifty futures

24-12-2010-Gambling PROFIT 19K . so number now -1543+19K=-1524k
regards

Note : 1) Yesterday 8 lots of dec nifty futures closed for a profit of 7k and accounted above.
regards

 

[Smithh]

Re: Playing since 2005 lost 13+3 lacks

Smart trader,

Thank you for your courtesy. Actually I dont know what to analysis since think I have not followed any system it seems. Just got to know traderji couple of months and came to know that guys are using some sort of TA for their trades. Still if I deploy your queries on my trade, delete duplicates I think I may end up with an output that I kept on changing my strategy and that too exactly opposite to the market direction. So it seems that I was always on the other side of the market. Why? One more thing is I have not been on wining trade for longer time. However was on the loosing trader much longer. Though sad let me take it as funny....

But I still HOPE I can recover my losses and do some money in market. Let me try.

Let Me Also Try to Recover My Losses In the Market ...!!!!!!!

 

[stock72]

Re: Playing since 2005 lost 13+3 lacks

FROM oct 9th it seeems the profit is 1000 rs / day .....

 

[stock72]

Re: Playing since 2005 lost 13+3 lacks

24-12-2010-Gambling PROFIT 19K . so number now -1543+19K=-1524k
regards

Note : 1) Yesterday 8 lots of dec nifty futures closed for a profit of 7k and accounted above.
regards

27-12-2010-Gambling PROFIT 6K . so number now -1524+6K=-1518k
regards

 

[stock72]

Re: Playing since 2005 lost 13+3 lacks

27-12-2010-Gambling PROFIT 6K . so number now -1524+6K=-1518k
regards

28-12-2010-Gambling PROFIT 2K . so number now -1518+2K=-1516k

 

[stock72]

Re: Playing since 2005 lost 13+3 lacks

28-12-2010-Gambling PROFIT 2K . so number now -1518+2K=-1516k

29-12-2010-Gambling PROFIT 0K . so number now -1516+0K=-1516k
Note : holding 27 Lots 6100 PE ..tomorow if market allows me will dump in the early morning for cost ...

 

[montyisgreat]

Re: Playing since 2005 lost 13+3 lacks

29-12-2010-Gambling PROFIT 0K . so number now -1516+0K=-1516k
Note : holding 27 Lots 6100 PE ..tomorow if market allows me will dump in the early morning for cost ...

Bought or sold??
December or January Put?
The price @ which u bought?

 

[stock72]

Re: Playing since 2005 lost 13+3 lacks

29-12-2010-Gambling PROFIT 0K . so number now -1516+0K=-1516k
Note : holding 27 Lots 6100 PE ..tomorow if market allows me will dump in the early morning for cost ...

30-12-2010-Gambling LOSS 33K . so number now -1516-33K=-1549k
Note: Around 11.30am I was about to exit with 4k profit ... but some what decided to hold to end in loss ..................................................................................................

 

[superman]

Re: Playing since 2005 lost 13+3 lacks

30-12-2010-Gambling LOSS 33K . so number now -1516-33K=-1549k
Note: Around 11.30am I was about to exit with 4k profit ... but some what decided to hold to end in loss ..................................................................................................

wow thats huge .. lost in futures or options ?
Expiry day of f&o sucks..cant predict movement itself