Trading 40 Lakhs for good profits.......Simple strategy!

[yashu21985]

Holding the quoted position and waiting for at-least 100 points profit on the upside in this week :thumb:

It's trading at 227 currently. BTW, you expect nifty to go to 7700 in previous post, then why did u buy 8100 CE?

 

[test123]

He does;t control the market .
In stock market don;t our view changes daily ? lol
When position is exited and when u are sitting on money current TA tells u what to do.
My Ta tell
in 1-2 week we might see 8200 again so as of now if u ask any old player whats view Current view is bullish and 8000 is good support to buy :xD...

option are bets always remember don;t make it investment.
U want investment go in Future markets ^^
Lets see how many ppls bought call today lol raises hand ^^

Never buy anything unless your TA (technical Analysis) tells u to buy it.Old john does make profit 1000 sometimes but only 2 continuous loss are enough to destroy profit.
It;s not risk reward ratio it;s Quantity that kills most of option players .Higher they are greater they Fall !!

 

[SexyTrader]

Now....Bought several lots of 8100 CE December at 286/- now :thumb: Easy profits in just 2 days!

Today.....Bought additional lots in 8100 CE December at 86/- now to average down my buying price to 186/- :thumb: Easy profits soon!

 

[rahulmalik]

Today.....Bought additional lots in 8100 CE December at 86/- now to average down my buying price to 186/- :thumb: Easy profits soon!

Nifty will cross 7900, but ride will be bumpy. Expecting a dip below 7800 again before the bull ride again :thumb:

 

[mark1230]

loved thread and your simple trading startegy bt the thing i hate about future and option is that u can't hold them ...i invest trade in cash jst on the condition that no losses...

 

[yan]

8100 now trading @ 34 ,still you hold it

 

[SexyTrader]

8100 now trading @ 34 ,still you hold it

Averaged down 8100 CE at 40/- so I will hold and book profits coz GST will get the Nifty above 8000 soon :thumb:

 

[yashu21985]

Averaged down 8100 CE at 40/- so I will hold and book profits coz GST will get the Nifty above 8000 soon :thumb:

Are you kidding us?????
How can you average down to 40?


First, you Bought several lots of 8100 CE December at 286/-
i am assuming that your several lots of nifty as 10 = 750 initially
=2.14 lakhs

You averaged down to 186 by purchasing at 86
To average down, you have bought another 10 lots = 750
My assumption of 10 seems true

Holding 1500@186 = 2.79 lakhs

Now you are saying you average down to 40.
Hoping you should have purchased at 34(current price), you should purchase 500 lots that is 37500@34 to average down to 40.

Did you really purchased so many lots?? If so, it is one of the worst trades ever.

 

[timepass]

Averaged down 8100 CE at 40/- so I will hold and book profits coz GST will get the Nifty above 8000 soon :thumb:

Are you kidding us?????
How can you average down to 40?
.

He didn't say that he averaged down to 40, he said he averaged down at 40; meaning that he bought some lots at 40rs. price. So, he purchased at 286, 86 and 40. I guess his average cost is above 100.

So, Sexy, what is your average cost at present ?

 

[indianbank]

So, Sexy, what is your average cost at present ?

I think his hands got burnt.... :lol: