Hi Option Fan,
Nothing wrong with your analysis or most of your position except SUZ & 6400 CE.....
Problem....is that you froze when the markets started the downslide.... almost bewitched, entranced... by the move....
You could have done lots of things... if you weren't frozen...
I wrote something in your thread yesterday... to PGDIMES ... read it again.... at the end of it all...... I was sitting Long & Short on many of the positions....which I had a ball trading today...
Happy & Safer Trading
SavantGarde
Nothing wrong with your analysis or most of your position except SUZ & 6400 CE.....
Problem....is that you froze when the markets started the downslide.... almost bewitched, entranced... by the move....
You could have done lots of things... if you weren't frozen...
I wrote something in your thread yesterday... to PGDIMES ... read it again.... at the end of it all...... I was sitting Long & Short on many of the positions....which I had a ball trading today...
Happy & Safer Trading
SavantGarde
quote bellow is on 6th nov after muhurat trading session..
and what happened in actual trading....??
1. booked initial short position ( puts ) with say just 10-15 % minor gains.. on 1st immidiate trading day.
2. SBI fallen 200 rs and I went long ( calls) booked fantastic loss as it extended fall to 400 rs !!.
3. went long in 6400 CEs and booked with 50% loss.
4. finally what is result..? holding 6200/SBIN 3200/SUZLON 60/RELIANCE 1100 Calls ( all in loss @ cmp).... all my NOV earnings ( trading profit) is at stake.... confidence level abt own analysis skills DAMAGED big way !!
grrrrrr.... still cannot find where I went WRONG??
can anyone help???
and what happened in actual trading....??
1. booked initial short position ( puts ) with say just 10-15 % minor gains.. on 1st immidiate trading day.
2. SBI fallen 200 rs and I went long ( calls) booked fantastic loss as it extended fall to 400 rs !!.
3. went long in 6400 CEs and booked with 50% loss.
4. finally what is result..? holding 6200/SBIN 3200/SUZLON 60/RELIANCE 1100 Calls ( all in loss @ cmp).... all my NOV earnings ( trading profit) is at stake.... confidence level abt own analysis skills DAMAGED big way !!
grrrrrr.... still cannot find where I went WRONG??
can anyone help???