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Posted
44 minutes ago, jusarrived said:

Ok market tends to get volatile after 1:00 pm ? Do you always get decay in last 2 hours ?

 

And what’s your stop loss like ?

 

decay will be there 95% of the time , only exception is when there is a news based move ..

In the afternoon session there will be less Chance of delta loss ie mkt moves but still premiums will keep going down . In the morning session if there is a move , mostly there wont be any decay . Still you can sell in the morning session , but I don't do it because i don't do second trade if there is a loss .

 

I put SL on combined premiums , 20pt max

 

 

 

 

 

Posted
18 minutes ago, FischerTal said:

will help cover up CAD, but what about all the Indians in Gulf sending back remittances?

 

it may go down .. gulf countries may not send their indian employees back ,  but in the long run we shld be prepared for it

Posted

It's just the beginning, this will result in probably a 2008 style global meltdown but of course with the caveat that lots of businesses will suffer unquestionably more because of the nCoV.

Posted
12 hours ago, velu said:

@Straight Drive  @jusarrived  we are yet to get out of jail i think ..

i was trading in 2008 as well .. but this fall is the most brutal fall i have ever seen in a week

Yes this recovery is just temporary, good chance we will go to 8000 levels and a lot will depend on numbers after that imo . If they are only as bad as expected , we should bottom out  . I hope India can maintain 4-5% growth if rest the world , especially US goes into recession.

 

as for a trader though , it’s been an amazing week . I have made up for nearly 35% of my losses in portfolio . Just bought month end puts at every opportunity, Monday again if it goes up I will add April puts 

Posted
15 hours ago, velu said:

@Straight Drive  @jusarrived  we are yet to get out of jail i think ..

i was trading in 2008 as well .. but this fall is the most brutal fall i have ever seen in a week

This has potential to get worse. The  global economy was facing severe headwinds and the coronovirus impact on results will add to that.

 

Posted
1 hour ago, motomaverick said:

You think this is a good time to pump in more money and buy more units as a result?

No idea.. My SIPs from 5 years are down. But my SIP of 15 years is still in green. 

 

I think the next 2 weeks will answer your question. 

Posted

last 2 months are good for intraday and expiry day option sellers ..

premiums were down a bit recently .. but it looks like premiums will shoot up again :pray: :yess:

Posted
On 5/3/2020 at 11:08 PM, velu said:

last 2 months are good for intraday and expiry day option sellers ..

premiums were down a bit recently .. but it looks like premiums will shoot up again :pray: :yess:

it was good for directional trades too , except for last week . I had 2 big days , enough for months profits though I lost some last week . 

 

My portfolio though looks fugly , Bajaj finance was best performing till recently but has ruined it for me . IRCTC I bought at 890 , sold at 1450 and re-entered around 1600 and market crashes , tough its recovered quite a bit ..betting on this to multiple in next few years 

 

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