General Trading Chat

[vssoma]

dear,
first time in my trading life i traded for zerodha on expiry day.... most of the guys you know that i trade with big lots daily very few trades max. 5/6 but today can any one guess how much brokerage i have generated.....

 

[OMSAI]

dear,
first time in my trading life i traded for zerodha on expiry day.... most of the guys you know that i trade with big lots daily very few trades max. 5/6 but today can any one guess how much brokerage i have generated.....

I hope you earned 700*70...................

 

[timepass]

dear,
first time in my trading life i traded for zerodha on expiry day.... most of the guys you know that i trade with big lots daily very few trades max. 5/6 but today can any one guess how much brokerage i have generated.....

You traded options ? Multiple trades of smaller priced options ?

 

[Raghuveer]

Most believe that one cannot make money by buying options and only option sellers make money. This is a myth. For knowing how to make money by buying options, read Options Advisor by Bernie Shaeffers. The whole book is written from point of view of options buying where as most books deal more in details with options greeks, volatility, decay etc. He has given some very good methods of deciding when to buy options.

Smart_trade

ST da,
Is this the book?
The Option Advisor by Bertram J. Schaeffer - 336 pages
http://www.amazon.in/The-Option-Adv...tmm_hrd_title_0?ie=UTF8&qid=1417110659&sr=8-1

 

[simplebuthard]

Expiry over. Tukka trades done. Gambling calls done. Everything over for Nov expiry.

A new start. Serious timing. For FIIs Holiday filled December ahead. Let us hope for the best.

Though market closed on very near to 8500 spot, 8500 CE of December written already 50 lacs Open Interest even before the start of december expiry.

So need to be highly cautious on longs of NIFTY futures/CEs in long time frame (over a week).

I will look for short on rises in case of stock futures and PUT on stock options in case of stock options.

Congrats to guys who made good on November and all the best for everyone in ahead of December.

 

[lemondew]

guys this is the day. Is it further expected to go up?

 

[sabharwal_RK]

I guess buying intraday dips should be the plan going ahead;
8600 is the level I am targeting to buy

 

[timepass]

guys this is the day. Is it further expected to go up?

I guess buying intraday dips should be the plan going ahead;
8600 is the level I am targeting to buy

Looks like nifty is trying to go as far away from 8400 level as possible, so that a higher base is maintained for the series

 

[Smart_trade]

ST da,
Is this the book?
The Option Advisor by Bertram J. Schaeffer - 336 pages
http://www.amazon.in/The-Option-Adv...tmm_hrd_title_0?ie=UTF8&qid=1417110659&sr=8-1

Yes that is the book. I have a hard copy of that. The green cover it showed looked different first but when you click on that you see cream coloured cover...that is the one I have...

This book is written from the point of view of options buyers and it is simple to follow.


Smart_trade

 

[umesh12]

Why it always happens

Either my targets met their levels but after a dip

OR

Met late, like it happened today

My targets for yesterday were around 8600 and 18250, that met today, one day late :lol:

Similarly yesterday morning I posted my first target, that met dot on levels but after a dip

My first targets

BNF 18050
NF 8500

Use your own SL

Yesterdays HOD
BNF 18049
NF 8499

Though it was a coincidence to meet exact levels