Option Zero [ Experimenting Test123 Logs ]

[TraderRavi]

this thread is very important , it should be made sticky. To see live what happens when you try to win big.
every newbie and noobs must understand that option is a sellers game , through buying you can win big once in a while , only to play more and blow lakhs of money .
it is the fastest way of losing money , in equity you can lose , in futures faster than equity , in options fastest .
In NSE options have highest turnover means most of the traders shifted in options from equity cash and futures.
small traders losing 5- 10 lakhs , big traders losing 80 - 90 lakhs as option buyers.
I have seen traders buying OTM options in nifty and stock options worth 15 - 20 lakhs in one go and losing all.
In my six years in traderji , I have seen biggest losses in only options traders. it is kinda addiction.

 

[ram2010]

Originally Posted by test123 View Post
Never wanted to run market claps :xD that was not even my plan ..
one day they will say ppls like me show u how accredited this game is and how hard it is to win here

Sold all 8475 qty of 7200 PE @ 28
(recovers most of my investments )

bought 7500 CE @ 73 3000 qty
markets gave me very tough fight .. they say if u cann;t win against them become one of them ^^^


Sold 86



bought 7200PE back 8400 qty :xD @20.1

hard luck

71/03/2016

bought another 5800 Qty @ 8.55

totaling bomb of 14250 ... this better go up lol and it will
avg comes to 21 even if i win i don;t think i will get much profi ..

expecting worse and hoping for best :xD

for stupid reason my heart says 150 lol i know thats stupid but thats butterfly effect :xD







bhai this is the unique thing abt the markets ,paisa bohot hai bhai logo k paas kidar daalneka samaj nahi ata .to unko lagta hai market me double ho jayenga:lol: but these are very important people for markets and professional traders bcoz they feed them :lol: lagao bhai jam k satta koi dikkat nahi....

recently sebi hiked the lot size,

i want sebi to put a ban on retail people from buying options,

:lol:, then to whom fii will sell their options ,
i pray god to this happen,

simple, if test 123 would have sold 7300 pe and 7200 pe , massive quantity, he would have be in profits now,

buying otm options is damn cheap,:lol: but its suicide

 

[ram2010]

this thread is very important , it should be made sticky. To see live what happens when you try to win big.
every newbie and noobs must understand that option is a sellers game , through buying you can win big once in a while , only to play more and blow lakhs of money .
it is the fastest way of losing money , in equity you can lose , in futures faster than equity , in options fastest .
In NSE options have highest turnover means most of the traders shifted in options from equity cash and futures.
small traders losing 5- 10 lakhs , big traders losing 80 - 90 lakhs as option buyers.
I have seen traders buying OTM options in nifty and stock options worth 15 - 20 lakhs in one go and losing all.
In my six years in traderji , I have seen biggest losses in only options traders. it is kinda addiction.

This addiction is mush bigger than brown sugar and alcohol

 

[bunti_k23]

this thread is very important , it should be made sticky. To see live what happens when you try to win big.
every newbie and noobs must understand that option is a sellers game , through buying you can win big once in a while , only to play more and blow lakhs of money .
it is the fastest way of losing money , in equity you can lose , in futures faster than equity , in options fastest .
In NSE options have highest turnover means most of the traders shifted in options from equity cash and futures.
small traders losing 5- 10 lakhs , big traders losing 80 - 90 lakhs as option buyers.
I have seen traders buying OTM options in nifty and stock options worth 15 - 20 lakhs in one go and losing all.
In my six years in traderji , I have seen biggest losses in only options traders. it is kinda addiction.

:lol:yeh soch raha hoga aaj put khareed k kal profit book karunga aur baju k gaav ki puri zameen kharid lunga lol :lol: a dialogue from 'd street ka don':lol:

 

[test123]

sold al f it @ 8

bought 1875 7500 PE @ 29.2

lol traderravi ^^ they say it;s hard to make first million .. well this won;t be mine first smile ..
\I have right to be wrong happens it;s war against 2 billions vs 3 lakhs aka now 55K

@ ram2010 true
@bunti_k23 aaga gaya guy that speaks truth lol

beenatht the silver moon
but i was alonely
May be you were right ....
1
2
0
:xD.....................

 

[Shikamaru]

This addiction is mush bigger than brown sugar and alcohol

Though trading addiction is limited by market time,
but other addictions are not, believe me

If test123 learning something from his losses then he will
be good trader after some time period. I am happy he is
transparent and posting his position without bias,

I will subscrib this thread, Happy trading :thumb:

 

[test123]

Shikamaru bahi

proft or loss face se smile ko gayb nahi hone deneka.. After all u are in control of
do u want to be happy or u want to be sad...

what i bought when i came to this world ? and what i will i take with me what i leave for heaven :x
In short :--
LIVE LIFE King size :xD
Life is too short but salal nifty wants to play only gap gap gap that what kills me ^^

True meaning of Gap is :-- GEt out u are massively wrong

 

[Shikamaru]

Shikamaru bahi

proft or loss face se smile ko gayb nahi hone deneka.. After all u are in control of
do u want to be happy or u want to be sad...

what i bought when i came to this world ? and what i will i take with me what i leave for heaven :x
In short :--
LIVE LIFE King size :xD
Life is too short but salal nifty wants to play only gap gap gap that what kills me ^^

True meaning of Gap is :-- GEt out u are massively wrong

I agree,,,,,,,,

 

[test123]

sold all @ 18

bought again @15 an wil let it go til 31st

 

[bunti_k23]

sold all @ 18

bought again @15 an wil let it go til 31st

just to remind u ,the value of otm options at the time of expiry is zero