Playing since 2005 lost 13+3 lakhs

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stock72

Well-Known Member
#31
Re: Playing since 2005 lost 13+3 lacks

Hei...one more thing that may work is buy both PE & CE at the same time! Once you turn to net profit close one and wait on the other! This will work only for options buying not for selling!
I did. In fact bit better I think . buying both CE and PE in the money options.
but this attempt gone waste for past six months. Incase if i continued for September the same strategy I would have covered almost 1/3 of my total losses. but I start selling option on September and lost further money there. as OILMAN said I need to watch for trending of the market and use the proper strategy else stick to one strategy for ever.
 
#33
Re: Playing since 2005 lost 13+3 lacks

Hei...one more thing that may work is buy both PE & CE at the same time! Once you turn to net profit close one and wait on the other! This will work only for options buying not for selling!...

This works well in highly volatile markets...this can work well in October as volatility will be high due to results. Not only that October is well known for good crashes!

Otherwise you can try forex trading, where potential for high returns is more. To start with I can help with little bit of Technical Analysis etc... just an :!

I know how painful it is lose money... my investments in SBI MF just before 2008 crash are still quoting under my price even after 2 1/2 years! And UPA government's second term win made big hole in my pocket through my Nifty shorts in 2 days... after which I decided not to trade in Indian markets and turned to 24hrs tradable forex markets and could recover all those losses!:thumb:
 

stock72

Well-Known Member
#34
Re: Playing since 2005 lost 13+3 lacks

Hei...one more thing that may work is buy both PE & CE at the same time! Once you turn to net profit close one and wait on the other! This will work only for options buying not for selling!...

This works well in highly volatile markets...this can work well in October as volatility will be high due to results. Not only that October is well known for good crashes!

Otherwise you can try forex trading, where potential for high returns is more. To start with I can help with little bit of Technical Analysis etc... just an :!

I know how painful it is lose money... my investments in SBI MF just before 2008 crash are still quoting under my price even after 2 1/2 years! And UPA government's second term win made big hole in my pocket through my Nifty shorts in 2 days... after which I decided not to trade in Indian markets and turned to 24hrs tradable forex markets and could recover all those losses!:thumb:
Really thanx you for your intrest. you are correct . october shall be volatile .Sorry I dont have time and knowledge to work in forex. once again thankx for your intrest .
 

stock72

Well-Known Member
#36
Re: Playing since 2005 lost 13+3 lacks

my current position in Fand 0
1) OCT 6200 PE/Buy/ 200 @ 244
2) OCT 6200 CE/BUY/ 500@78
3)OCT 5900 CE /SELL/150 @ 78
4) NOV 5900 CE /SELL/100 @ 60

any suggestion pls
Sold 2) OCT 6200 CE/BUY/ 500@78 AT 88. ( 3000 profit)
did some trading today and got (4000.)
Now loss is 1600K-7K= 1593K.
 
#37
Re: Playing since 2005 lost 13+3 lacks

Really thanx you for your intrest. you are correct . october shall be volatile .Sorry I dont have time and knowledge to work in forex. once again thankx for your intrest .
I donot know what is your understanding about forex markets, if you feel we can discuss further let me know of your understanding.

I wish you best of luck for good returns. If you use yahoo messenger add me to ur contact list... ava_ind @ yahoo . co . in
 

stock72

Well-Known Member
#38
Re: Playing since 2005 lost 13+3 lacks

I donot know what is your understanding about forex markets, if you feel we can discuss further let me know of your understanding.

I wish you best of luck for good returns. If you use yahoo messenger add me to ur contact list... ava_ind @ yahoo . co . in
thank you .I dont want to enter in to forex now . let me get confortable in this market ....
 

stock72

Well-Known Member
#39
Re: Playing since 2005 lost 13+3 lacks

Sold 2) OCT 6200 CE/BUY/ 500@78 AT 88. ( 3000 profit)
did some trading today and got (4000.)
Now loss is 1600K-7K= 1593K.
same trade repeated again and got 1k .
Now loss is 1593k-1k=1592k.
 

stock72

Well-Known Member
#40
Re: Playing since 2005 lost 13+3 lacks

wondering which one is real.. the nifty meltdown or its recovery to the current position of 6100+ ...

Since lot of people in west are jobless it seems the meltdown is correct .that mean this recovery is false ? once again meltdown will be there ? I think we will get an answer with in six months...
 
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