Re: Help with Nifty stratergy.
What do you mean in this situation when u say average ? (Should I cover 2700 calls and sell 2600 calls when the market moves down or should I sell another call and buy a future ?)
And thanks everybody for all the advise. I'm going to square this off today.
Cause you are not ready as of now to trade in derivative market.. as you don't have much knowledge about it.. and no idea about what risk you might be taking.
And let me tell you 1 thing about risk.I think there is a possibility that markets may touch sub 2100 levels in January alone but are you sure you are up for losing 25k even if you are trading in 1 lot and also considering that you wont average your trade(like most starters do..) when the market starts to fall ?
Also don't tell me it is not possible, cause if you think it is not, go check out what happened in October..
And let me tell you 1 thing about risk.I think there is a possibility that markets may touch sub 2100 levels in January alone but are you sure you are up for losing 25k even if you are trading in 1 lot and also considering that you wont average your trade(like most starters do..) when the market starts to fall ?
Also don't tell me it is not possible, cause if you think it is not, go check out what happened in October..
And thanks everybody for all the advise. I'm going to square this off today.