DPZ Shares

NIFTY              -220                  to + 120 340 pt BANKNIFTY  -550                 to +670 1220 pt MIDCAP         -500               to +400 900 pt SMLCAP         -250                to +280 530 pt Happy Valentines Day From Market  !!! 

Have you started trading recently? You may have seen some profits and then you start making losses. To recover the losses, you fight with the market and in the process, you encounter more loss, and lose your confidence.   Many traders initially go through a drawdown phase and that's normal. In this post we will explain practical steps to quickly bounce back from a trading drawdown. 1: Cut your trading size The first and foremost thing to do after a drawdown is to immediately cut your trading size. Otherwise, you can make more losses. Cutting the size ensures no further damage and protects your account, buying you time to reflect. 2: Take some time off  Immediately after a big drawdown, a trader should take some time off from markets and focus on his hobbies and going out. This instantly stops the account bleeding and gives you a sense of relief. 3: Avoid revenge trading Strictly avoid the urge to recover all the losses quickly. In fact, ...

I've made majority of my money by short strangles and I'll explain one very easy short strangle strategy which you guys can follow. I'll also explain the adjustments and risk management. 1: What days it should be done? It has to be done on Monday to Thursday. You can skip Fridays as there's negligible decay and big delta moves. 2: Preferred Instrument: Banknifty will be the preferred instrument, since it's high risk and high reward. Moreover it has good premiums. 3: Criteria: It has to be done when Banknifty is inside a range on the 15 min chart. As we can see here, it was June 6th Monday and Banknifty was in a perfect range, which makes it ideal for short strangles. 4: Positon sizing: Although we'll hedge our positions but you strictly don't have to use the margin benefit which you will receive. Ideal qty which be 6 lots on each side on a 10L rs capital and 3 lots on 5L capital 5: What premiums to sell? We'll start of by selling 30rs call an...