Today Nifty fell more than 150 Pts & recovered in a big way. There was lot of volatility in between. A difficult day to trade for sure. Ppl who have traded live must have realized.
But anybody made profit in today’s mkt? No matter how small it is…
Today Nifty fell more than 150 Pts & recovered in a big way. There was lot of volatility in between. A difficult day to trade for sure. Ppl who have traded live must have realized.
But anybody made profit in today’s mkt? No matter how small it is…
You asked a very difficult question
I made Rs. 1500 profit.
I dont care about volatility. Even I dont care about today is profitable day or loss day. As trading is our profession we must face these type of big days a lot.
I follow my strategy thats it.
My todays snapshot
I avoided Nifty/stocks, but did
not miss the chance , i bought only one USDINR 72CE option day before yesterday.Actually I sold yesterday. Today most of time went to prayers only haha.
No Intraday today apart from minor rebalance on CEs here and there.
as a net option seller , i avoid trading on event days
I shorted HDFC @1866.35 and made 10 points profit by exiting @1856
I actually don’t see fundamental events at all. Its pure OI based directional positional trades. Check here https://docs.google.com/spreadsheets/d/1-1iDkl4lareH5l_-lAHOVS6pM4pDSKWWSIEHqrSlZfM/edit?usp=sharing
Here goes a profitable strategy -
Short Lower Range PE
Short Upper Range CE
Management -
Close if the Range breaks. (Put an alert)
Or, Do an iron condor with those ranges as BEP. (BEST IDEA) Even with 1% (and some loss events) you will end up >30% profit YOY.
I made profit in Jetairways Dec 280 Call Option (1 lot bought at 9.45 and 1 more lot bought at 6.95 for a total unit 2400. Sold 1 lot at 9.45 and sold 1 more lot at 11. Made total profit of Rs.4980.