Earn 180% profit through nifty strategy

Discussion in 'Advanced Trading Strategies' started by rajgiri21, Jul 14, 2012.

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How would u rate this idea?

  1. Worst crap!!!

    32.7%
  2. Quite normal!!!

    27.3%
  3. Goood!!!

    30.9%
  4. Excellent!!!

    9.1%
  1. rajgiri21

    rajgiri21 New Member

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    Yeah Gunsho tat seems to be gud idea!! :) and i have learnt alot from this thread!! Thanks!!! And btw yeah i made tat title to attract ppls opinion!! But it seems i cant change the title.. is it so, then how?
     
  2. DanPickUp

    DanPickUp Well-Known Member

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    Works in sideways market and is out of question in trendy markets.
     
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  3. rajgiri21

    rajgiri21 New Member

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  4. rajgiri21

    rajgiri21 New Member

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    Thanx dan, yeah it works on sideways market but on oneside it wont!! i prefer i stay away frm tat n implement this simple idea of mine to make some profits!!! Thanx again!!!
     
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  5. DanPickUp

    DanPickUp Well-Known Member

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    Any time welcome and thanks to bring up such ideas in your home market. Hope others recognize the value of the thread. :)
     
  6. newbe

    newbe New Member

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    Whipsaws will kill you...thats a loop hole
     

  7. DanPickUp

    DanPickUp Well-Known Member

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    Wrong, as long as there are no trades are done.

    Good learning

    DanPickUp
     
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  8. jain.er

    jain.er Banned

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    Will reply to whipsaw thing tomorrow, currently the mind refuses to work...
     
  9. rajgiri21

    rajgiri21 New Member

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    Why would tat kill me? I am just staying away frm trades n whenever thr is downside i wil exit... I dont understand how it can happen?
     
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  10. linkon7

    linkon7 Well-Known Member

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    Your intention is to exit nifty below ur strike price... and buy it back when it climbs above it.

    I would rather Initiate a Naked 5200 put short.

    When I initiate the naked put short, my view would be that NF will take support above 5215, the low of the day, when we gap-ed up and extended the whole EOD trading range upwards. Everyday, the market dynamics change and depending on my current view, my action point can be to

    short nf below 5200 and make it a covered put..
    or
    buy 2x 5100 put and make it a ratio spread...
    or
    buy 5300 put and make it a bear spread...

    The potential profit /loss curve of your covered call (nf long + 5200 call short) is exactly the same as my naked 5200 put short...! Difference is in the variety of action points.

    Trading options is a whole different ball game. There has to be room to alter the delta of your positions and you have to cater to all what if scenario...
     

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