Hi Folks, I have a pretty good methodology for option buy trades!
Which is highly profitable and consistent.
I never look for charts and financial news
Sit infront of my laptop with out any bias about that days market.
Take my laptop with me where ever I go. as it is called destination trading
Let market move as it like. I make consistently great profits along the direction Mkt moves for a while.
I will explain the procedure:
Just after a few minutes of opening, I Select Call option and put option around the same price, usually around 225 Rs. Then watch which one is gaining value.
Then atart buying at prices like 216, 221 .... like every 5 points
Buy at 216 will be sold at 221
221 226
226 231
These are limit orders waiting for me. when the price strikes and the trade executed
Many times multiple trades colud take place in same range
I usually take 4 lots of 15. One move of 5 points will basket me 300 Rs
If ten trades executed 3000 Rs mostly in one hour
Please comment for further clarification
Happy trading! Ahead