Playing since 2005 lost 13+3 lakhs

[tnsn2345]

s72 is more of a professional gambler. He has his methods and it works for him. As long as he is happy with his method, your advice is falling on deaf deaf ears here....!

Dear Linkon,

Happy he is, I hope.

Gamblers gamble with odds in their favour - high probability (low risk) occasionally and occasionally odds not in their favour - low probability (high risk). But not always bet on low probability (high risk).

Buying options and winning is a low probability game (1/3 probability). You win only if you are right, and lose when you are wrong and also lose if you neither right nor wrong)

Regards,

 

[stock72]

as of this moment seems the chances of meeting break even for july is tough ...........?????????

 

[msa5678]

as of this moment seems the chances of meeting break even for july is tough ...........?????????

Hi Stock72,

This time you are loosing hope too early :annoyed:

 

[anayash]

as of this moment seems the chances of meeting break even for july is tough ...........?????????

Naah! Don't worry! 6200 will come b4 expiry!

 

[stock72]

Naah! Don't worry! 6200 will come b4 expiry!

kidding ??????

 

[timepass]

more than 10 sessions to go in this series. Let's see when the bottom arrives. It's not far off, I think.

 

[tnsn2345]

more than 10 sessions to go in this series. Let's see when the bottom arrives. It's not far off, I think.

Dear TP, even for a sec if we assume what you say is right. But if Nifty decides to do 'timepass' (stays put / flat / range bound) at your bottom for a few sessions, then it may not reach the OTM CE strikes what one is holding today.

Nifty baccho ki running race mein to nahi hai ke finish line touch karke wapas daud laga ke upar ayegi. Phir to TP bhai dinner mein "timepass" (salted baked groundnuts sold on Mumbai beaches and trains) hi khake sona padega. :lol:

Regards,

 

[timepass]

Ok..Ok.. maybe my 5600CE will fail, but 5300PE to rang layegi na

Anyway, nifty's TP sessions usually don't last for more than 3-4 sessions.

 

[tnsn2345]

Ok..Ok.. maybe my 5600CE will fail, but 5300PE to rang layegi na

Anyway, nifty's TP sessions usually don't last for more than 3-4 sessions.

Unfortunately TP, my support level for expiry is 5300. and resitance is 5800. But this is as of last week end. Maybe my range can change to 5200 - 5700 at the end of this week, depending on what level we close this Friday.

But, like S'72, if you are already holding CE/PE with intent of hoping either of your holdings get In The Money at expiry, you will bleed every day. Tc

Regards,

 

[ajshare108]

This time nifty falling more sharper than of april downtrend. hope this time it will breach 5200 by first half of august