Panda among bears and bulls

[praveen taneja]

Panda move number Three
Sold Nifty PE 2700 Nov @137 Time:1432, 18-11-08, 2 Lots
Expected profit (including brokerage)= Rupees 300
-Panda

something fishy here bro
how can u short nifty put in 15000
are u doing paper trade

 

[manoranjan panda]

Taneja
I obviously do not have the money to sell options.
I first buy them and then sell them.
Thus I first purchased PE 2700 and then sold them-counting them both as part of trade number three.
-Panda

 

[praveen taneja]

If u hav time sir can u tell how u chose which option to trade????after mkt will also b ok

 

[manoranjan panda]

Panda move number Four
Buy Nifty CE 2700 Nov @119 Time:14:57, 18-11-08, 2 lots
Breakeven, including brokerage is at 122.5.
-Panda

 

[manoranjan panda]

Panda move number Four
Sold Nifty CE 2700 Nov @114 Time:1526, 18-11-08, 2 Lots
Expected Loss (including brokerage)= Rupees 800
-Panda

 

[manoranjan panda]

If u hav time sir can u tell how u chose which option to trade????after mkt will also b ok

Taneja
I do not have any strategy. My first goal is to learn risk management and the ability to cut-off losses.
So I am making trades based on views that I find on traderji/internet. If I make a profit then good, else I learn risk management.
Panda

 

[praveen taneja]

Then sir it is requested to u that pls mention it on frst page so any new bie can lose his precious money choice is still urs

 

[manoranjan panda]

Taneja
Your view is sensible. Have modified my first post accordingly.
Panda

 

[manoranjan panda]

Panda move number Five
Buy Nifty PE 2700 Nov @97 Time:12:37, 19-11-08, 2 lots
Breakeven, including brokerage is at 101.5.
-Panda

 

[manoranjan panda]

Panda move number Six
Buy Nifty PE 2700 Nov @102 Time:13:30, 19-11-08, 2 lots
Breakeven, including brokerage is at 106.5.
-Panda