Rodpati To Karodpati

Hello Freinds,
I am from Gujarat,
I am starting my business with very little amount (Rodpati !!)
Only in NIFTY OPTION
I have Rs.5000/- to loss,
When I will loss Rs.5000 I will close my stock market business permenentely,


Today is my first day,

I've bought 1 lot of 4900 call at Rs.5/-

Time starts now for me to the journey for Rodpati to Karodpati,

Today my name is Rodpati,
Want to change it to Karodpati :lol:

Rodpati

Hi,
You have bought 4900 call at Rs5,include brokerage in it Rs 2-4.50 depending upon the brokerage house you are trading.Is it possible to make any profit in this call ,because call value depends on time and volatility.Time decay will eat your premium
Subrata

You should mention month too!

Anyway may you become Karodpati ASAP.

All the best!

What is your status now ?

Happy trading...

I will post my balance after close of my current position.

r2k

Dear Fiend pls donot trade untill you don't have adequate capital to trade otherwise you would not be able to exercise proper risk management and without it is not trading it will be gambling where you would be waiting for enevitable to happen .

roadpati to crorepati

roadpati to crorepati ya crorepati to roadpati both are possible happening in stock markets

My Dear Friend,
thank you very much for your kind advice,
But I am not Gambler,
I am going through Technical Analysis only,
Weekly-Daily-Hourly & Half hourly chart of NIFTY with some Indicators which I have developed after Long Journey of Technical Analysis,

I do not read Newspaper(about Market),
I do not watch CNBC(Cartoon Network Business Channel)
I only ask to My software & Indicators,

Thanx,

r2k

Closed

Nothing special

dear friends,

we are here to learn new tricks of trade and not to discourage somebody.

let us wait to see how his trades pan out.
If he is successful, then we can ask him the strategy he followed and learn something or if, god forbidden, he fails, then also we can learn.

so, please stop those discouraging posts.

prasad.