The Indian Investor's Blog

Read my DISCLAIMER

Search for:
 

Twitter Updates @deepakshenoy

follow me on Twitter

Monday, November 03, 2008

Short Only Strategy: Expiry and Nifty Short

I have been on a holiday so haven't updated the SoS. Here's the status, with positions on ICICI and a Nifty call expired. No rollovers, and now I introduce a Nifty short - 200 in quantity - at today's level (3045.25).

This is a crappy return - only 10% when the Nifty has gone down more than 30%. I haven't done it justice, and definitely gotten out of trades before I should have, and not had a decent short retained. Lessons learnt, and I hope I'm able to perform decently going forward. Let's see.

Labels:

Add a comment

Deepak Shenoy 11/03/2008 08:48:00 PM
Stumble It! Save to del.icio.us

2 Comments:

Hi Deepak,

Even though this is hypothetical, shouldn't you be putting in a stop with all your trades? That way you can calculate your Risk Reward ratios and adjust your position size as well?

Regards,
Arvind
Good point - I think I might want to do that with further trades, or to modify this trade. Perhaps a wide enough stop will suffice but a stop nevertheless. thanks!

Add a comment

Permalink   Home

Disclaimer: The author of this page is not a registered financial advisor, and you should not construe anything written here to be investment advise. You should consult a qualified broker or other financial advisor prior to making any actual investment or trading decisions. All information is a point of view, and is for educational and informational use only. No representation is being made that any investment made on the basis of data or information on this blog will result in profits. Te author accepts no liability for any interpretation of articles or comments on this blog being used for actual investments. In short: Apply your own thoughts before investing; I could be wrong. I do not accept responsibility for any losses incurred by interpretation of content in this blog. Further all content on this blog is free to view; no reader is expected to pay any amount as fee or any other consideration to me (the author) for reading my views.