There is a substantial risk of loss associated with trading Derivatives . Losses can and will occur. My methods will not ensure profits
Friday, April 5, 2013
Nifty opened below PDL. First candle acted as IR. Expectation was a barbed wire around PDL. Tried a short trade on BPB of PDL/IRL . Scratched it . BOF of IR High gave a short This trade was OK. Finally went long on BOF of LOD. I expected this to move well as the Critical mass was short in market and being week end they will cover the shorts.The initial momentum did not sustain.