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Showing posts from August, 2018

BankNifty Option Trade on 17/08/2018

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                      Hello friends again! I was requested by many to describe my methods to trade Banknifty. So here's step by step description of my 17th August trade, and what else could have been done!                       I generally don't trade without chart. Here's the chart of the 28000 strike price call option of near expiry(23 Aug). I have tried to explain all the things in below chart in simple way.                           So, as you can see in the chart, Gap up opening is there in the morning. (GAP UP opening means price opens at higher level than yesterday's closing level) So yesterday price closed at around 140 level and today opened at around 190 level and immediately made low of the day (see arrow of today's low). Then again started upward move.         ...

What is better!; Trading or Investment?

               Invalid question in the first place!!! Why!? Let's discuss!!                   First of all, Investment is style of trading only, but includes longer time frame, that's it! So, we can divide them in day trading, positional trading (which includes some days' or weeks' timeframe), short term trading (includes some months' timeframe), and finally long term trading (includes some years as timeframe, or as some call it-Investment).                               So, let's discuss why both the things are necessary in the life of trader (or investor) and how to use both effectively!                             ...