Playing since 2005 lost 13+3 lakhs

[PGDIMES]

Re: Playing since 2005 lost 13+3 lacks

Dear stock72,

I do not know how much knowledge do you have about options. If you really want to be an options trader, download this OptionsOracle software from samoasky.com (this is free), study/analyse your positions/strategy with the help of this software, identify the direction of the market and if you are comfortable in taking the trades after your analysis, then only take the trades. I would also suggest to read a good book on options before taking any more options trade. The way you are taking positions in options, it sounds like gambling to me.
Moreover dig deep into the forum to find the great threads on understanding options as well as implementation of various combo strategies including options. I would suggest to follow the threads of Linkon7,AW10 and others who have discussed a few well-documented trading strategies using options. Hope this helps.

 

[PGDIMES]

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...

Oh dear,

You have given yourself a time-line of 5 more months, so what-if Nifty does not go down in next 5 months!!! and correct in the 2nd half of 2011???

 

[stock72]

Re: Playing since 2005 lost 13+3 lacks

Oh dear,

You have given yourself a time-line of 5 more months, so what-if Nifty does not go down in next 5 months!!! and correct in the 2nd half of 2011???

You may be correct. so what wrong in waiting another six months if nifty meltdown by 2011 second half? but important point to note that if the current recovery is bogus then the efforts for this bogus recovery will also add in the excess counts and nifty has to go down to low of 2009 ? further law of mean reversion may pull Nifty further down I think ...

 

[stock72]

Re: Playing since 2005 lost 13+3 lacks

Hiii
if u wanna get back ur lost earning ...then jst send me ur msg..i will provide u wid jackpot calls

how to send pm ?

 

[stock72]

Re: Playing since 2005 lost 13+3 lacks

same trade repeated again and got 1k .
Now loss is 1593k-1k=1592k.

Today traded (? gambled) and not able to ( read-not want to - may be my weakness) close the position in loss. hence left it open. let us see the outcome tomorrow and I wish to update this and off course ( if at all it happen in coming years ) will celebrate with you guys incase I managed to bring the above number(-1592K) to zero. let your blessing be with me also.

 

[stock72]

Re: Playing since 2005 lost 13+3 lacks

Today traded (? gambled) and not able to ( read-not want to - may be my weakness) close the position in loss. hence left it open. let us see the outcome tomorrow and I wish to update this and off course ( if at all it happen in coming years ) will celebrate with you guys incase I managed to bring the above number(-1592K) to zero. let your blessing be with me also.

Iam so happy for two things . 1 ) Guys from chile mine are comming out.
2) got 30k in gambling ( sorry i should not say trading ) that too it should have been a loss for me if i have closed it by yesterday as mentioned above.
so the number now -1592+30=-1562k .


I need the market to go down atleast little bit for tommorow so that my today's open gambling position can be closed with out any loss. .
let us see.
chile govt is there to save those guys. Here i think I need to save myself to reach surface ( means bringing the number -1562k to zero )

 

[stock72]

Re: Playing since 2005 lost 13+3 lacks

Iam so happy for two things . 1 ) Guys from chile mine are comming out.
2) got 30k in gambling ( sorry i should not say trading ) that too it should have been a loss for me if i have closed it by yesterday as mentioned above.
so the number now -1592+30=-1562k .


I need the market to go down atleast little bit for tommorow so that my today's open gambling position can be closed with out any loss. .
let us see.
chile govt is there to save those guys. Here i think I need to save myself to reach surface ( means bringing the number -1562k to zero )

Not able to get rid of yesterday's position. today gambling gone in lost of 32k.
so sadly the number is now -1562-32=1594k .

 

[MindlessTrader]

Re: Playing since 2005 lost 13+3 lacks

Iam so happy for two things . 1 ) Guys from chile mine are comming out.
2) got 30k in gambling ( sorry i should not say trading ) that too it should have been a loss for me if i have closed it by yesterday as mentioned above.
so the number now -1592+30=-1562k .


I need the market to go down atleast little bit for tommorow so that my today's open gambling position can be closed with out any loss. .
let us see.
chile govt is there to save those guys. Here i think I need to save myself to reach surface ( means bringing the number -1562k to zero )

your wish fulfilled....then why loss today..

 

[stock72]

Re: Playing since 2005 lost 13+3 lacks

your wish fulfilled....then why loss today..

thankx for query. not able to get rid of the fear at the morning. I closed my position around 10.30 with a loss of 32k .If i stayed a bit longer and at the end of the day the same position would have been a profit of 200k.
some thing I am missing?!!!!

 

[PGDIMES]

Re: Playing since 2005 lost 13+3 lacks

thankx for query. not able to get rid of the fear at the morning. I closed my position around 10.30 with a loss of 32k .If i stayed a bit longer and at the end of the day the same position would have been a profit of 200k.
some thing I am missing?!!!!

Oh Dear,

You are missing the whole plot. The problem is you are not learning from your mistakes and doing it time and again.