Simple Nifty trading by Mr.Perfect

[Mr.Perfect]

dear memers,

what is the tomorow trend - laddering into nifty @ 6245 - 85?

I think the uptrend may continue, Nifty would make all the efforts to touch 6300 this week.

 

[Mr.Perfect]

Combined profit of around 2,000 after charges during the first two days of this week. Feeling positive after staying in profits for 3 days in a row after several loosing days.

Holding two lots of 6100 PE at 105 for Thursday..

Lost around 7,000 on Thursday and did a big revenge trade. Bought 18 lots of 6200 calls. Converted this position in to 4 lots of 6100 call and 20 lots of 6300 call on Friday. So betting big on long side. If everything works out well, I may recover my capital of 3rd innings. :thumb:

 

[Mr.Perfect]

Exited the calls in marginal loss as SL hit. Holding 5 lots of 6200 Puts at 59. Stock72 is helping me in following the trend by patiently replying my private messages, BIG THANKS to him..

 

[Mr.Perfect]

Exited the puts at cost and incurred a loss of around 5,000 today in multiple trades. :annoyed:

 

[TraderRavi]

Exited the puts at cost and incurred a loss of around 5,000 today in multiple trades. :annoyed:

on choppy days option buyers get chopped like this......tc buddy

 

[Stock trendy]

The chopper seems to be rich...look at golden rings on his/her finger.

 

[Mr.Perfect]

Bought 20 lots of 6200 calls at 50.3 yesterday. Sold at 80 today when market coming down after touching 6250.

Again bought 20 lots of 6300 calls and 14 lots of 6200 calls. So loads of calls for tomorrow. Trading very rough and risky to recover losses.

 

[Mr.Perfect]

Well I can only say Friday was very bad day for me. Still hanging on calls. Monday to decide my fate.

 

[hareesh2k3]

I guess monday is going to be flat or red...There is no steam for nifty to run...

 

[pannalal]

Well I can only say Friday was very bad day for me. Still hanging on calls. Monday to decide my fate.

Perfectji,

After reading your posts, I feel you are losing money continuously. Though, I am novice here. I suggest you very simple strategy. Just do 2-3 trades in a month. I have tested my strategy on NSE, BSE and 22 stock exchanges. So, I hope it should work. Just check my post "Nifty Trading Based on EOD". Hoping for the best.