Playing since 2005 lost 13+3 lakhs

[intellibitz]

>> 2009Oct 5007 4750 -5.13

That's one huge swing in 2009Oct series.

 

[stock72]

Though i wish this month series to expiry above 5800.... but seems to odd now ?!
other way round still four trading days are more .... immm let see

Seems expiry at 5800 is ruled out now ..

5700 -- possible since just 70 points need
surely above 5600 ?.....

 

[stock72]

Seems expiry at 5800 is ruled out now ..

5700 -- possible since just 70 points need
surely above 5600 ?.....

already close to 5700 now !!!!!!!!!!!! imm ... seems 5800 may be still a possibility ?! .....

 

[ranger123]

already close to 5700 now !!!!!!!!!!!! imm ... seems 5800 may be still a possibility ?! .....

Hello Stock 72, you has said that to SG sir that you now not will trade option from the come month. So you has to stick to what you has say. Just like gessing the nifty index leval for exipery will make you in big loss for your directional option positon. Now after the today fell in the nifty index, the expiery can be also less than 5500 also. I am not gessing the nifty index becasue I not do directon option trade much and I do intraday trading so I am not gessing what will happan on exipery day. I has idea of nifyt index only for the day on which I do the tradin.

Thank you and best of luck.

 

[stock72]

Hello Stock 72, you has said that to SG sir that you now not will trade option from the come month. So you has to stick to what you has say. Just like gessing the nifty index leval for exipery will make you in big loss for your directional option positon. Now after the today fell in the nifty index, the expiery can be also less than 5500 also. I am not gessing the nifty index becasue I not do directon option trade much and I do intraday trading so I am not gessing what will happan on exipery day. I has idea of nifyt index only for the day on which I do the tradin.

Thank you and best of luck.

ranger,
thanks for your advise . but want to ask you y we should not guess and play ?

 

[stock72]

Hello Stock 72, you has said that to SG sir that you now not will trade option from the come month. So you has to stick to what you has say. Just like gessing the nifty index leval for exipery will make you in big loss for your directional option positon. Now after the today fell in the nifty index, the expiery can be also less than 5500 also. I am not gessing the nifty index becasue I not do directon option trade much and I do intraday trading so I am not gessing what will happan on exipery day. I has idea of nifyt index only for the day on which I do the tradin.

Thank you and best of luck.

Why u thing the market will not completely revese it positiom tommorow and wull not resume the upware journey ? I now holding good amount ce in august too..

 

[ajshare108]

Why u thing the market will not completely revese it positiom tommorow and wull not resume the upware journey ? I now holding good amount ce in august too..

normally it is not happening when market fall in such a manner form the upper band of the trading range.

 

[4xpipcounter]

Uploaded with ImageShack.us

There's a picture of the candle from that week. It was that week the market hit an extreme level within the SD channel and key R points, and so it dropped in a huge way. It was a strong confluence that added up to an explosive one-week reversal. That wek was a 350-point hi-lo spread which is about double the typical, which is 180.

>> 2009Oct 5007 4750 -5.13

That's one huge swing in 2009Oct series.

 

[4xpipcounter]

Stock72, this is not a guess game. Trading is all based on sound decisions. I don't trade options or Nifty. However, I'm still 100% a chartist. I can tell you that based on the velocity of the drop, there is a possibility of 5495 being hit. The market has been in a tight channel of late. 5765 is very solid containment on the upside.

Just my two cents worth. I hope it sounded constructive.

ranger,
thanks for your advise . but want to ask you y we should not guess and play ?

 

[IrfanBasheer]

ranger,
thanks for your advise . but want to ask you y we should not guess and play ?

stock72 : guess what ? you can donate all your money to some charity every month instead of transferring the money to some stranger's account.

I have sincere suggestion for you.

1) Stop all your Trading this week.
2) Study the market for next 6-8 months as if you are preparing for your Board Exam.
3) Then start trading very patiently and see how you for 3 months.
4) If you feel comfortable/confident in your trades continue otherwise go to step 1.

-Irfan