I tried today got 2k profit , will keep you posted…also its purely intraday , It need very big upmove (like to 1000) points in banknifty to cause loss , I will close with there is move above 500 to 600 points
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No announcement in FM press conference ,LOL ,market also rise on stopped correctly on double bottom , i think severe correction can expected , same like 2008 , in 2008 market rise on every day 3% +++ , even that time lot of bad news around the corner , FII trapped all retailors in one single day fall. guys be caution in market there is no valuation we seen in nifty . inflation the big elephant in the room , FII trap started
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@vishnux ya its really good for intraday i checked , its good one , everyday 2000 rs profit its enough not at all bad good one. i will try on monday
How much margin per trade?
Where can we get such collective data at one place ??
Can you elaborate logic behind this position please
Around 2 to 3 lakhs
No logic just came through this when adjusting my positions
There is one strategy , only few people is going through including rakesh jhunwala.
the strategy name is PYRAMID startegy
In USA onr trader everybody know his name is Jesse Lauriston Livermore
its really awesome , in 500 dollars he convert into 10 million dollars , i am deepely studying his strategy , in india very finger counted people is following this strategy , there is no big information in youtube
In India all strategy and Indicator or copied from USA only
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Good buisness plans and strategy is very important in any kind of buisness. All others with poor strategy won’t survive.
Isn’t Pyramid strategy used in stocks, how is it useful in options?
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people do not follow , because it is very simple.
yes same i am doing in bank bees ETF for long term
I want to try this strategy. Please tell how to take positions
draw , 100 , 150 , 200 MA lines … keep stocks in 1 day time frame , if you open any stock , they may touch and retrace from any one of the MA lines.
just buy on retracement , and exit if price breaks below MA .
note… not all stocks follow certain MA , some may follow 100 , some may follow 21 MA… you need to use multiple MA and find which the stocks follows.and also make sure price keeps going up trending.
hai all Positional Spread total credit received 85,000 , two weeks before its was implemented , now already fetched 50 k plus , i am skiping expiray day trading , i am moving to positional i enjoying without headache , next week i will close the position when 80 k reached , already the market moved against my trade still i am make profit , if any dip i will make handsome profit
positional is boring trade , but profit is high no tension,
**Without strategy and No plan in the stock market the same is like Falling from the highest tower - Richard Dennis
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Riyas have a question for you, today I observed just at the opening bell all options that I had in my watchlist lost value, was it due to factoring in of time decay of Saturday and Sunday? Does it happen every Monday or post every Holiday?
two weeks before expiray theta will erode all option value . is not advisable to hold buy option in last two weeks of expiray and weekends because of theta decay , i believe you buy option
I see you trading stocks less than 500 range … what is the maximum draw down ? what will you do if tatamotors gap down 20 to 30 points due to some news… you loose 60k