Playing since 2005 lost 13+3 lakhs

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stock72

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GAMBLING PART II
Succumbed to addiction -Gambling restarted with a fresh capitial of 400k .
17/1/2011= 400+1k=401k.
regards
@Tnsn2345,
This does not mean that I am deviating from my promise of saying "Good bye to trading".Surely My ultimate aim is to leave trading/gambling. .... How ??????
19/1/2011= 401+6k=407k.
 

stock72

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Friends,

Though myself lucky today since I am buying and selling twice 5600 CE around 150+ levels and quantity also one time 20 lots and other time 40 lots .... my tsl saved me ...
But really dont understand why nifty fell down like this.....
Please do not reply to this with any charts since if charts are foretelling exactly then we no need more than a week to make the money we want and of course we will not be in this forum writing comments.....[ Guys please open your eyes and see]
To me only Money and risk management going to win this game..
Seems movement of nifty is pure random or some billions are making it to shiver like this ...( I am talking on intra day basis only ) ...

I dont know but today fall seems so funny..
still funniest thing is we used to draw the chart with what happend and wait for tommorow happening to update the chart and extend the lines and based on that the stratedgy beign developed will be named ...:rofl::lol:
 
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PGDIMES

Well-Known Member
Gambling part -II
20-01-2011= 407+24=431K

Worked well ...

Bought 40 lots of 5700CE at 38 and 40 lots of 5600PE 39 ..
5700CE sold at 73 and PE at 20....
Good to see that you are using option strategies today... :clap: It's better to buy straddles or strangles when you are not quite sure of the direction of the market...:)
 

stock72

Well-Known Member
Good to see that you are using option strategies today... :clap: It's better to buy straddles or strangles when you are not quite sure of the direction of the market...:)
thanks ..
In the other words it seems market is not going to be there at 5650 ... hence reacted ....
 
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