Playing since 2005 lost 13+3 lakhs

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ranger123

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Hello Stock72,

I am also buy CE 5800 today, but I has buy for another reason. I has cover my sell CE 5800, which I has sell on 8 Jun. So I has buy to book profit. You has buy to want to make it in profit. I think you are pay the fees to the market with only buy position of CE 5800.

Also I has now has plan to sell CE 5700 at closing market today. With this I also do a sell PE 5300 today at closing time. I will cover this pair it in two or three day time.

Thank you and best of luck.
 

PGDIMES

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stock72

Well-Known Member
could you please share the thought process for 5800 expiry?

Thanks,
Premi
I explained many times in many thread ...
if this month expiry above 5800 i would request every one those who are in trouble to take my call from july to recover all losses before end of this year ... if not .. what else -- will listen as usual...
 

ranger123

Well-Known Member
I explained many times in many thread ...
if this month expiry above 5800 i would request every one those who are in trouble to take my call from july to recover all losses before end of this year ... if not .. what else -- will listen as usual...
Hello Stock 72,

I not understand why you try to know the nifty level at expiery. You are not has any set up which has payment amount and know of risk amount if postion keep till expiery. You are trade only buy option of different strike price. Sometime you buy out money option and keep and try your luck if your thinking is right. I am 100% sure this not the way to trading in option. and specally for keeping till expiery time. No.

If you are gambling with only direction position of buy option so you should has a 1/2/3 day idea of nifty and not the expeiry day level. You has to change the strike price of your direction position every 1/2 day becase there is time decay and volatity efact in option. So it is not a simple thing like share trading. You has to get many thing corract and has keep change the strike price, quanlity, etc.

What you are do is gambling. I think like this you will the there only, make and loss and loss and make money.

Thank you and best of luck.
 

TraderRavi

low risk profile

stock72

Well-Known Member
Hello Stock 72,

I not understand why you try to know the nifty level at expiery. You are not has any set up which has payment amount and know of risk amount if postion keep till expiery. You are trade only buy option of different strike price. Sometime you buy out money option and keep and try your luck if your thinking is right. I am 100% sure this not the way to trading in option. and specally for keeping till expiery time. No.

If you are gambling with only direction position of buy option so you should has a 1/2/3 day idea of nifty and not the expeiry day level. You has to change the strike price of your direction position every 1/2 day becase there is time decay and volatity efact in option. So it is not a simple thing like share trading. You has to get many thing corract and has keep change the strike price, quanlity, etc.

What you are do is gambling. I think like this you will the there only, make and loss and loss and make money.

Thank you and best of luck.
cool ranger .... I stopped gambling long time .. i do have a perfect back tested mathamatic model for some few stocks and trading according to that...

this time little bit lured ( say greedy ) I have another small system and accordingly the expiry of this month would be above 5800... I will not test this in future even if it wins this month.
 
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