Master one trick only

[worthless]

bro, the simple and honest answer is

" i love trading and enjoying it"

and it keep me focused

Jetking,

You enjoy trading because you have spent time watching charts/backtesting before trading live and you trust your plan. Some of us (including myself) struggle thru trading because we try to short cut thru the system and get to live trading after reading something here and there

 

[worthless]

jetking your trades are missed.

 

[jetking]

Jetking, where can I learn about options. I saw a few sites, but is there something you would recommend?

dear,
options are all about how best u can manage them

it is like a chess game ,u have to be prepared with a strategy for every twist and turn mkt can take and than mkt takes a totally new turn

and i am not good at all in this

so i trade options on certain occassions and for a very short period,not holding for more than 2 days

 

[jetking]

jetking your trades are missed.

dear
i think,i have posted enough charts to show my style of trading

now it becomes repetition,so i am loosing interest in posting

thanks

 

[jetking]

option strategy,will be implementing on monday ahead of RBI policy

Banknifty is around 14800

sell 14000 PE cmp 161

sell 15500 CE cmp 151

buy 16000 CE cmp 61

both the sell strikes are about 5% away from BNF CMP and have MAX OI

buy 16000 CE,because this is the 1st RBI policy of NAMO govt,so there may be a +ve surprise and as mkt has already corrected to a good extent,any +ve step will give a good up move

 

[jetking]

option strategy,will be implementing on monday ahead of RBI policy

Banknifty is around 14800

sell 14000 PE cmp 161

sell 15500 CE cmp 151

buy 16000 CE cmp 61

both the sell strikes are about 5% away from BNF CMP and have MAX OI

buy 16000 CE,because this is the 1st RBI policy of NAMO govt,so there may be a +ve surprise and as mkt has already corrected to a good extent,any +ve step will give a good up move

took the position in the morning

sold 14000PE at 140

sold 15500 CE at 170

bought 16000 CE at 75

squared all as below

14000PE at 80

15500CE at 315

16000 CE at 160

no profit no loss only brokerage

took fresh position as under

sold 16000CE at 170

sold 14500 PE at 155

bought 16500CE at 72

 

[worthless]

took the position in the morning

sold 14000PE at 140

sold 15500 CE at 170

bought 16000 CE at 75

squared all as below

14000PE at 80

15500CE at 315

16000 CE at 160

no profit no loss only brokerage

took fresh position as under

sold 16000CE at 170

sold 14500 PE at 155

bought 16500CE at 72

Hi Jetking,
How do you square off a buy call option, do you just sell it or do something else?

 

[jetking]

Hi Jetking,
How do you square off a buy call option, do you just sell it or do something else?

trading procedure is same for nifty and options

squaring a buy option means selling the same

 

[worthless]

trading procedure is same for nifty and options

squaring a buy option means selling the same

Thank you jetking. That 16000 CE buy was an awesome entry, I was watching it today though did not enter.

 

[worthless]

trading procedure is same for nifty and options

squaring a buy option means selling the same

Thank you jetking. That 16000 CE buy was an awesome entry, I was watching it live today though did not enter.