Hurst Cycles Trading Software - Accurately Forecast Nifty and Stock Cycles

Monday, January 26, 2009

Took OFF some of the Hedge

Just repositioning...You can see the details above.

Best.

6 comments:

Saif said...

Is the entry n exit price inclusive of brokerage charges??
If you dont mind,Can i ask which brokerage do you use and the charge for F&O trading...since i use kotak sec...
For nifty futures its roughly arnd 10 pts brokerage per trade per lot.
n nifty options its roughly +5rs premium brokerage per trade per lot.

Prashanth said...

Isn't the Hedge too small. The calls you are long are way out to provide much of cushion.

Just my thoughts.

Lee said...

Prash, you're right...Guess I am trying to time this thing properly and it did not work out yesterday..I am watching closely to see if I need to abandon this short campaign with a loss...

Should have taken profits last week when I had the chance...

lets see..

@shaq - i have indiabulls and icici...indiabulls has the best brokerage..icici is higher but I use this for the larger positions since I feel its safer than IB...
Sorry I dont know the exact rates.

Anonymous said...

u should have made ur overall exposure reduced at least 50% last week and hedge the remaining shorts with some 2600 or 2700 calls.then some profit would have booked and some capital disengaged and if market would have tanked u can short futures anyway.isnt it??

long.short said...

sorry the previous comment have been mistakenly put as anonymus.i beg your pardon.

Lee said...

Hi Sajal..Welcome here..Yes you are right...However hindsight is always 20/20...I am not too bothered about this one and I intend to hold through this short upmove..As always I am looking for the big one...Or the big trade...

Best.