Wednesday, November 30, 2011

Tuesday, November 29, 2011

Option Trade Book November 29, 2011


It was a good trading day for option trader, as Nifty was moving in wave and keep riding up and then down.
Today we got our first trading opportunity when Nifty was sliding down rapidly and enter quite early, which was against the rule, we should avoid such practice, and I will make sure not to happen again. However we maintain strict stoploss to avoid any big fund erosion. Market went up and when it was nearing which was a one of the stiff resistance of 4830, I advise of squire off all position. Though it seems premature but strategically it was right.

Second trading chance come when Nifty was nearing second resistance of 4860, and book profit in put option at 4830 which because it was coming sharply and a bounce back was quite possible which happen.

It make one to wait for another 1 hour before Nifty started sliding again, but as I avoid too much of trading in same day, I did not give any call. This way we can avoid too much of pressure on us and also keep ourselves energetic for next day trade.

We have made a profit of 2600 today which is good enough on a investment of around Rs. 30,000.00.

I advise all of my readers to follow my golden rule to be on safer side.



My call history: Day 1, Day 2, Day 3, Golden rule

Option Trading Target November 29, 2011

Buy 2 lot of Nifty Call 4800 @ 157.00 for a safe target of 170.00
Put Stoploss at 143.00 as this will hit below 4800 level

Nifty Intraday review November 28

Monday, November 28, 2011

Option Trade Book November 28, 2011


My Aim to write this article is to show my readers that today we did not missed opportunity to cut big profit margin but it is correct strategy to safeguard your capital first and sit comfortably riding Nifty.

Today Learning: once you safeguard your brokerage then make sure little profit. We missed opportunity for higher profit as our call 4800 high was 181.00 and it was not weak when we placed stoploss at 158.00 it should be remain on 155.00




We gave buy call of Nifty option Call @4800 at 150.00 for a target of 165.00. While it was coming back from 161.00 we improve our stoploss from 155.00 to 158.00 (which was a tactical mistake) and it triggered. Our call not only achieve our target but move past 180.00

Be happy we are making positive progress daily. Do not waste your time on crying for missed opportunity.

But be happy for the fact that "Market is not going anywhere, it will remain there all the time, with more opportunity tomorrow."

Our call details: Day 1, Day 2

Option Trading level for November 28, 2011

Buy 2 lot of call 4800 @150.00 with a stoploss. We can carry forward the same tomory, hence put stoploss below or at 140.00. But be ready for target 165.00

Friday, November 25, 2011

Derivative Knowhow from Sharekhan



I have uploaded this PPT for them who are new to derivative and need proper understanding before jumping to the world of highly risky venture called derivative market

Option Trade Book November 25, 2011



Today was a good day and good start for my new series live option trading, with

Option Trade Book November 25, 2011

We were able to give calls today, and what a start it is, we are confidence to give such calls on regular basis.



Today was a good day and good start for my new series live option trading.

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