Today's Buy Levels

vikasbuddhadev · #**841** 26th September 2007, 07:15 PM

thanks uashish for giving me idea about eveready

ayurakshapad · #**842** 26th September 2007, 08:54 PM

Quote:

Originally Posted by uasish

ayurakshapad,

Options are really Greek for me,trade sometimes but that also in only Nifty options,there are few good threads on option,hope they will be able to guide you properly.

Asish

Dear sir,
thanks fr your guidance.
see i m very new to trading jungle.bt then also i want to face it coz my thinking is that severe accidents make u careful driving fr future.
however i lost nearly 80,000 in 2months in options. however i hd all calls on which my friends made lakhs of money. e.g. rpl ca 140 sep.,rnrl 60ca sep, nifty ca4600sep, nifty ca 4750sep ca, infosys pa 1860 sep(this on starting of this month).bt exited each time early. & lost money by thinking that market after 21 will go loose since so high & correction will be there,but FAILED.
NOW I HV LOST MY CONFIDENCE, BT WAT IS THE SOLUTION.
I CN AGAIN INVEST MONEY AROUND MAX. 30,000 MORE BT THIS IS VERY CRUCIAL. CAN U GUIDE ME.
hOWEVER I WAS SURE TWO DAYS BEFORE THAT THESE STOCKS WILL GO UP & MY FRIENDS AGAIN MAKE MONEY BT I DID NT TOOK ANY CHANCE
1. TTML-BY-40, TARGET - 50 TILLOCT.
2. PETRONET- BY 79, TARGET- 100, TILL MID OCT.
NOW PLZ GUIDE ME.
THANKS FR ADVICE.

Czar · #**843** 26th September 2007, 09:44 PM

@ayurakshapad;

please avoid multiple posts & caps

ayurakshapad · #**844** 26th September 2007, 09:51 PM

mistake admitted.
sorry to all of you.

uasish · #**845** 26th September 2007, 11:27 PM

Ayurakshapad,

The basic difference of Trading with any Performing Art is that:= this is solo with no audience.Gutsy is good trait but Sucidal in Trading,here one has to be a willy fox with a constant Fear,Conviction is not Gutsy,conviction comes from well tested Systems & knowing
one's own limitations,say for an example i know very well that i am yet not prepeared Mentally to put a 10 Lot trade on Century Text Fut,where it can dance Rs 2 -3 in 1 min,hence knowing Self is more imp.
Many a time it happened with me that after loosing 80k ,in a short period,i was mentally shattered,be assured it happens with All.
Try putting a trade qty as per your Mental & Financial Limit,NEVER go for Exposure Now at this stage,NO INTRADAY ,you will just be 1 more tomb in the Graveyard.
Learn the basics from Saint's Thread,put very small qty,Preservation is Only moto now.
Trust me all your 80k will be returned in few more multiples if you survive & learn.Dont quit this arena.That is Gutsy ,to be a cliffhanger & plz channelise all your sensory organs for Knowledge.There is nor was any Secret formula for success ,many Sleepless night & lots of Self Humilation with a Lone objective & passion will truly bring you out from the Hole.
All the known Gr8 traders have all passed through this phase.
Well come to the Loner's world.
I firmly believe you will come out of this,my best wishes from the core of my Heart brother,i even boarded the wrong Bus to come back home after Huge Loss in Dabba Trading,walked aimlessly.Still success is illusive but managing somewhat decently,you are younger than me you will definetly take lesser time.

Asish

ayurakshapad · #**846** 26th September 2007, 11:34 PM

thanks fr ur advice, guidance & motivational reply.
i will try my best to follow themin future.

asadat · #**847** 27th September 2007, 07:04 AM

EXCELLENT ADVICE -contributions like this enrich everybody.

adilsaleem · #**848** 28th September 2007, 12:50 PM

Hi Ashish
Your daily trades posted here use to help a lot. I would always try to understand the reason behind every trade you did. I and many others miss your trades posted here.

I also wanted to ask you about Air Deccan. Its showing good activity in the recent days. What do the charts suggest.

uasish · #**849** 29th September 2007, 09:26 AM

Quote:

Originally Posted by vikasbuddhadev

what is bottom for indus merchant bank which was given by rajaraman

Rajaraman given a bottom for Indus Bk ? i dont know.

uasish · #**850** 29th September 2007, 09:34 AM

However if you want to know my views (extremely subjective ,often goes wrong) on Indus Bk Fut (as you have not specified Time Frame i assume it to be Daily),the Oct Fut has triggered Down trend ,you can expect 9 % fall from present price in days to come,Until ,plz remember until it trades above 79.35 convincingly .

If 79.35 taken out in few days ,expect a 6 % jump.

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