Traderji.com - Discussion forum for Stocks Commodities & Forex

Trading Nifty

Discuss Trading Nifty at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Originally Posted by ratan jain Hey RK: Stop wasting ur time Go read some online ...


Go Back   Traderji.com - Discussion forum for Stocks Commodities & Forex > THE MARKETS > Equities

Notices

Equities Discuss & analyse stock market news, views, trends and your favourite stocks here.


Advertise Here

Reply
 
Thread Tools
Sponsored Links
  #41  
Old 30th July 2007, 12:48 PM
Member
 
Join Date: Sep 2004
Posts: 1,248
Thanks: 404
Thanked 534 Times in 221 Posts
rkkarnani is a name known to allrkkarnani is a name known to allrkkarnani is a name known to allrkkarnani is a name known to allrkkarnani is a name known to allrkkarnani is a name known to all
Reputation: 597
Default Re: Trading Nifty

Quote:
Originally Posted by ratan jain View Post
Hey RK: Stop wasting ur time

Go read some online articles, it will be better for u
Thanks Ratanji. Yep, you are as usual right in your observation. As there is a sayingin Rajasthan :
Aandhe ge aaga rowana aur aapaga nain khowana !!!!
Its better for me to stop visiting this thread.
Reply With Quote
  #42  
Old 30th July 2007, 12:49 PM
Member
 
Join Date: Jul 2007
Posts: 110
Thanks: 0
Thanked 0 Times in 0 Posts
Gaurav Kumar is on a distinguished road
Reputation: 20
Default Re: Trading Nifty

Quote:
Originally Posted by rkkarnani View Post
Sir Gaurav ji, But this reduction shall not be to your account in my paper trade. If Nifty trades above 4500, I'll reduce the cost of my holding by 50(half of 100 as 50% quantity was added). I'll add 50% more at 4350. Should I ???
Dear RKKarnani,

As you wish about my account or not. All i am saying is have purchased at 4395 and am holding.. At 4350 (if nifty does fall to that level), i would NOT add to nifty. I do not believe in averaging, nor do i speculate that the market is to rise just because it has fallen so much. The reason the market rose today, was fairly apparent to me on Friday itself, but i wanted to be sure after seeoing results on the weekend.

Once market breaks 4350, its movement changes, so no point in buying, that would be the point to hedge

With best wishes,

Gaurav Kumar
Reply With Quote
  #43  
Old 30th July 2007, 01:11 PM
Member
 
Join Date: Jul 2007
Posts: 110
Thanks: 0
Thanked 0 Times in 0 Posts
Gaurav Kumar is on a distinguished road
Reputation: 20
Default Re: Trading Nifty

Quote:
Originally Posted by rkkarnani View Post
Sir, Can you kindly elaborate how you intend to Hedge your Long position in Nifty????
Regards.
Dear RRKarnani,

there are a number of ways to hedge. Each method depends upon situation, so i will elaborate when the need arises. but at the moment we do not seem to require it as nifty is up at 4441 (future).

A request to some members who think that i am not talking sense: please do not read my posts if it does not help you.. I have no wish to say that i know more than you. There are hundreds who know more than i do. But please allow those who wish to read to read in peace without comments such as "you are wasting your time".

If you feel my posts are useless, i will discontinue.. The puspose is to share knowledge.. not fight with each other..

With best wishes

Gaurav Kumar
Reply With Quote
  #44  
Old 30th July 2007, 03:25 PM
Member
 
Join Date: Jul 2007
Posts: 155
Blog Entries: 1
Thanks: 37
Thanked 9 Times in 8 Posts
ccmb420 is on a distinguished road
Reputation: 26
Default Re: Trading Nifty

Quote:
Originally Posted by Gaurav Kumar View Post
Dear RRKarnani,

there are a number of ways to hedge. Each method depends upon situation, so i will elaborate when the need arises. but at the moment we do not seem to require it as nifty is up at 4441 (future).

A request to some members who think that i am not talking sense: please do not read my posts if it does not help you.. I have no wish to say that i know more than you. There are hundreds who know more than i do. But please allow those who wish to read to read in peace without comments such as "you are wasting your time".

If you feel my posts are useless, i will discontinue.. The puspose is to share knowledge.. not fight with each other..

With best wishes

Gaurav Kumar
Sir, I am a Mr.Nobody, and my opinions may not carry weight as I am quiet new to Stocks and know just the ABC of TA.
Sir it would be a lesson for you also if you visit another thread on Nifty in this forum.
As about me, just look at my trades : I went long at 4583.10 but due to gap down opening I exited at 4509 but here I went short at 4504 and covered at 4511. I went long today at 4501 and exited at 4549.
Just realise that instead of holding on to your loosing positions it is better to book losses and change yourself with the trend.
You may give N reasons for your continuation to remain long and you may write that you are COOL, but thats not the reality, and nobody knows it better than you. I may be very junior to you but I do know that your confidence is misplaced. I just stumbled on to the thread as I trade only Nifty and other indices hence your subject caught my attention. You need not respond to my post as in all probablities I may not visit this thread again.
And sir, one more thing i wish to add: Do keep on posting, not for the sake of others but for yourself. Read various comments from diff. people and try to improve yourself. It does not matter, should not matter if the posts are 'useless' to others. But would be a good lesson to yourself. It is always better to get critisized it help one reanalyse his concepts , views and believes.
Thanks
-Shravan
BTW : Nifty future is 4394 at present.
The thread I was referring to is Nifty Calls by Metal Man
Reply With Quote
  #45  
Old 30th July 2007, 04:58 PM
Member
 
Join Date: Dec 2006
Posts: 987
Thanks: 52
Thanked 46 Times in 30 Posts
ratan jain will become famous soon enough
Reputation: 74
Default Re: Trading Nifty

Been trying to scale down photo size for 3 days......

Just managed it.

Please see attached photo
Attached Images
File Type: png sl1.PNG (81.6 KB, 38 views)
Reply With Quote
  #46  
Old 30th July 2007, 05:08 PM
Member
 
Join Date: Jul 2007
Posts: 8
Thanks: 1
Thanked 0 Times in 0 Posts
kris905 is on a distinguished road
Reputation: 20
Default Re: Trading Nifty

Gaurav,
You should keep posting your progress, as someone said it could be a learning.
But you cant and should not make a statement claim that Stop Loss is weak strategy.
I think that is the basic in investing and people who are new to investing should not be advised on avoiding stop losses.
Thanks
Kris
Reply With Quote
  #47  
Old 30th July 2007, 06:10 PM
Member
 
Join Date: Oct 2006
Posts: 185
Thanks: 2
Thanked 0 Times in 0 Posts
ranj_2k is on a distinguished road
Reputation: 29
Default Re: Trading Nifty

I have bought nifty august future at 4490 and 4425 one lot each. I also bought call 4500 strike @ 95. Please suggest what I should do. Shall I square up with small profits or wait for nifty atleast by 100 points.

Ranjeet 30/07/07 1810 hrs
Reply With Quote
  #48  
Old 30th July 2007, 06:37 PM
Member
 
Join Date: Dec 2004
Posts: 283
Thanks: 42
Thanked 18 Times in 14 Posts
alokdaga is on a distinguished road
Reputation: 38
Default Re: Trading Nifty

Quote:
Originally Posted by ratan jain View Post
Been trying to scale down photo size for 3 days......

Just managed it.

Please see attached photo
Toooooooo Good !!

A picture is equal to 1000 words !!
Reply With Quote
  #49  
Old 31st July 2007, 06:16 AM
Member
 
Join Date: Jul 2007
Posts: 110
Thanks: 0
Thanked 0 Times in 0 Posts
Gaurav Kumar is on a distinguished road
Reputation: 20
Default Re: Trading Nifty

Quote:
Originally Posted by ranj_2k View Post
I have bought nifty august future at 4490 and 4425 one lot each. I also bought call 4500 strike @ 95. Please suggest what I should do. Shall I square up with small profits or wait for nifty atleast by 100 points.

Ranjeet 30/07/07 1810 hrs
Dear Ranjeet,

You can hold on. you will get profit when nifty reaches 4550.

with best wishes.

Gaurav Kumar
Reply With Quote
  #50  
Old 31st July 2007, 06:19 AM
Member
 
Join Date: Jul 2007
Posts: 110
Thanks: 0
Thanked 0 Times in 0 Posts
Gaurav Kumar is on a distinguished road
Reputation: 20
Default Re: Trading Nifty

Quote:
Originally Posted by ranj_2k View Post
I have bought nifty august future at 4490 and 4425 one lot each. I also bought call 4500 strike @ 95. Please suggest what I should do. Shall I square up with small profits or wait for nifty atleast by 100 points.

Ranjeet 30/07/07 1810 hrs
Dear Ranjeet,

To add to it, buying a call option is not a good strategy. If the market consolidates for a few days before moving up, you would loose money due to time decay. So i never buy calls. Futures are safe. You need to worry only if the market goes below 4350. then of course you would need to hedge. Till then its ok.

With best wishes
Reply With Quote
Sponsored Links

Reply

Bookmarks


Advertise Here


Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads for: Trading Nifty
Thread Thread Starter Forum Replies Last Post
Nifty Futures Trading Strategy TradingSystems Futures 202 17th July 2008 02:20 PM
Is It Safe Trading Nifty ? just4trades Derivatives 7 12th June 2008 04:22 PM
Profits in Trading Nifty abhayt Technical Analysis 7 4th February 2007 10:49 PM
Help in Learning/Trading in NIFTY krishnamurthyu Options 1 16th January 2007 03:32 PM
Trading in Nifty kannamthanam Derivatives 12 27th April 2005 08:22 PM


All times are GMT +5.5. The time now is 05:22 AM.

Indemnity, Disclaimer & Disclosure Notice:
• By visiting Traderji.com you indicate your acceptance of our Forum Rules Disclaimer & Disclosure and indemnify Traderji.com, its associates and related parties of all claims howsoever resulting from the usage of the forum.
Disclaimer: Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility. Traderji.com will not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information.
Disclosure: The information in this forum is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.
• All names or products mentioned are trademarks or registered trademarks of their respective owners.
General Content Disclaimer Notice:
In light of our policy of encouraging candid, open exchanges of views and the rapid distribution of information originating from many sources, Traderji.com cannot determine the accuracy of information that may be uploaded to the forum. Opinions, advice and all other information expressed by participants in discussions are those of the author. You rely on such information at your own risk. You are urged to seek professional advice for specific, individual situations and not rely solely on advice or opinions given in the discussions. Since Traderji.com is an open and free discussion forum, any comments made by members of this forum in their posts reflect their own views and not of the owner or administrator of Traderji.com. Thus the owner/administrator indemnify themselves of all claims whatsoever and will not be liable or responsible for any members comments/views in this forum Traderji.com. If you find any objectionable or offensive posts made by members of this forum which you would like to bring to our notice for removal then please Contact Us.
 


Copyright © 2001 - 2008, Traderji.com All Rights Reserved.

Recommended Websites - www.TradersEdgeIndia.com - www.TradingPicks.com - www.MasterOfTrading.com