Swing Calls

winstonn · #**101** 11th January 2007, 03:01 PM

Hi Nagasuri,

thanxs a lot for your good words.

winston

winstonn · #**102** 13th January 2007, 05:42 PM

Hello people,

here are some calls:

Scrip , Code , Buy , Target , Stop

MERCATOR LINES**526235**Buy above50.50**65**44

APIL**532309**Buy Above502**600**450

HLL**500696**220**255**207

PUNJ LLYOD**532693**1050**1280**976

BHARTI ARTL**532454**652**750**640

Thanxs

Winston

neerav · #**103** 13th January 2007, 11:37 PM

man u rocked regarding nifty calls

thanks alot but i missed it , even though i got buy call for same from 3 sides including u .... damn

even 3-4 lots could give a good profit here ........

winstonn · #**104** 14th January 2007, 12:44 AM

Hi Neerav,

its part of the game

Dont be discouraged , fears and regrets are part of every trader , some have more and some less.

Well , be wisely bold to pull trigger.......

hmmmmm, wish you for a 10 lot profit next time!!!!!!

Thanxs
winston

milind857 · #**105** 14th January 2007, 01:14 PM

Dear Winstonn,

Thanks for the calls.
Couple of times I read "money management" funda in ur thread what is that?
As you r saying 20% TA & 80% money management...
Would you Please explain...? Sorry for the trouble....

Thanks,
Milind

winstonn · #**106** 14th January 2007, 03:03 PM

Hi milind,

The main problem people will lose money in trading is not because they dont know technical analysis as profs do know , but they view this activity as Gambling and not Business.

For any Business to accumulate , it has to make expenditure.
In trading world , the expenditure is loss. However, loss or expenditure should not exceed income!!!!

That is where money management comes in, it limits your expenditure or loss and maximises your profits.

While undertaking any trade , you must know wht you will lose if market proves you wrong. For that you need to find the stop loss order which may be below the most recent swing low for long position or most recent swing high for short position. Then you should convert your stop into 2% rule.

Eg. If the stop is Rs 10/- and the buying price is 200 , and you have 1,00,000/- as trading capital,

Then it goes like this:

2% of 1,00,000/- is 2,000/-

your stop is Rs 10/-

So you will buy 2000 divided by 10 = 200 shares only

By this method , you limit your risk , you get proper position size and when u profit it is good.

Thanxs
Winston

neerav · #**107** 14th January 2007, 07:06 PM

hey wat abt tomorrow ......

i do mainly future trading .... recommend a stock with intraday future trading or 3-4 days with strict sl

thanx

bharti target seems 2 b taking lot of time n delivery call , nt futures . i dont think future can b keep for that much time and big target . if u so sure abt it , shld i go for it

ps- i know its 2 much 2 ask from u bt m jus beginner n promise u i m gonna study enough 2 know every tity -bity of technical .. let my exams b finished

winstonn · #**108** 14th January 2007, 07:18 PM

Hi Neerav,

You can sell the nifty puts tommorow.
Now nifty support line is near strike price with 4020 , most unlikely that nifty will come down from there.

You can get premium of 80 to 100/- Rs * 100 = 8,000/- to 10,000/- premium credited per lot. Now This is Mid jan , So as a option seller you can beneift from time value.

Your Risk= if nifty calls below 4020 - premium= B , then from B you will get a loss of 100 * points on nifty.

But if nifty falls below support and comes till 4020 - premium ( you received )
, you can Buy back the option . This way you can get out of losing position without loss, on the contrary , the premium at the time of ur buy back will be less because of time and volatility value being gone.

Nifty options are not exercised untill expiry, they are exchange settled.

Thanxs
winston

neerav · #**109** 14th January 2007, 07:24 PM

thx for prompt reply .... but i was lukin for trade in stock or nifty lots

call and short options , i cant understand how they work but hv an idea .

can i get something to trade in future derivative (direct in stock itself, not calll and put) (eg- buy bharti lot or buy nifty lot or sell bharti , that way

]

neerav · #**110** 14th January 2007, 07:29 PM

woring in lots is quick money

or quick loss

i m a very risky trader n boohooo is in huge loss only while dealing in futures trading ..... problem with me seems to be i book small profit and big losses , then how can i improve my platform

(

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