Guys post your daily trading status

DLF is long buildup in futures , the share try to move upwrads only , i sold 5 lots very far , if its is moving down i will adjust , so luckily its went up i square off

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Hi @nithin/All,

Is it really possible for a stock that ATM IV shot up to 934 or these are just numbers, please see below:

image

Bearish strategy , will close in sometimes.

Whats the margin for all these strategies that you are employing?

Done with small volume 10k +

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One big profit transaction is not legible hereā€¦ but good on you brother!

Counting on GAIL to go down tomorrow or next week :wink:

Today 7 lakhs max utilized

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88k on 23rd jan.

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@web_admn Hai sir , I seen you have one open position in gail , just take an advice dont take mistake me sir,

Never trade in naked position in near expiry , may be you can win , but in my 10 years i seen lot of people , in naked position they did in land anywhere , trade with spread .
Gail IVP is life time high of 95 % , tomorrow if the IV will crash you will loose 8k , its really hard to recover also ,
IN high IVP you can sell not to buy
May be you can be luck ,

Naked BUY and SELL The market will not keep you long time .treat its my advise , if sorry i disturbed you

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One of my neighbors he made 7 lakhs in a single day when the corporate tax rate cut , on that day nifty fly 500+ point , he called me and cheears the profit he make on a single day , afterwards i never met him , one week back he called me , i am in a big loss can you help me to recover the money back , what i want to do now , he is asking now to me
i asked him what happen , you are making every day big profit , i am not making like that, i am making small profit only every month only 3 to 5 % only

he told to me i buy futures of one index and 5 different stock every thing reverse, what i expect is not happended , so i made a loss of 12+ lakhs in matter of 2 month ,
i told to him i cannot do anything when you dont have money

Guys he made a big profit in one day , he give back all the profit money to the market with interest, this is a greedy and emotion

I will always expect only maximum 5% per month , if achieved in middle of the month i will close my trade and wait for next month to take , if my loss will reach 1% i will exit the trade , and i will wait for next trade

Learn before You loose - Graham

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True!

Thanks Riyas bhai! Iā€™ve just started with Optionsā€¦ and will try to keep this advice in mindā€¦ Iā€™m also going through The Option Trader handbook suggested by you a few days back. Hope to become a consistent player like youā€¦ maybe not of the same financial proportion. After coming to this forum and reading your comments I have started looking at the market in a different light altogether. Thanks again for your genuine advice!

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Thats what gambling is!
People go to casino to try and make money and if lucky enough they earn huge amount in single game,
That huge amount is the drug that destroy gamblers and traders in stock market
which makes them tempted to trade more and make losses!

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Web_adnin do not play with fire, you have entered a naked postion of thousands of shares with obernight risk. It can destroy you overnight, trust me. I jave seen people trade for 10 years and that go bankrupt over 1 night. Donā€™t do this or you will regret it hugely.
P.s as a side tip options must be handled with extreme caution.

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True, I donā€™t know if there is result coming , but there is High IVP for a reason , tomorrow it can make new high IVP. And please tell me what kind of hedging can be done in option buying , given that he have limited capital.

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His max risk is 20k.

Vishux please understand that less capital or more capital is no term. What actually matters is the percent of loss of the whole capital that happens.
With less capital people also keep buying lottery tickets, does that make it a trading strategy.
As per your hedging bout ootion buying.
An option bought has almost 90 percent chance of loosing because 80 percent of the time market is not moving so it looses time value and 10 percent it wins 10 percent looses.
Still
Do not buy more than 100 points away option.
Always buy at low point reversal, so that even if loss occures it is less.
Keep it till expiry when bought at low point reversal.
And the best one is. .
Do not trade in options.
Itā€™s a lottery system.

He can sell one strike below put to creat a bear put spread the loss will reduced to 20 K to 8k he can save 12 K , and create another ratio spread in call side and come out 0 loss or profit will be like 20 K , we need to act quickly to protect the capital

Yea but donā€™t know if he as that capital to sell

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