Short Only Strategy: Expiry and Nifty Short

2 comments Written on November 3rd, 2008 by
Categories: ShortOnly
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.

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About the Author: Deepak Shenoy
http://www.capitalmind.in
The man behind Capital Mind. Deepak is a co-founder at MarketVision, a financial knowledge company in Gurgaon. He also provides data research and consulting services in the financial markets space. Connect with him at deepakshenoy@gmail.com.

2 comments “Short Only Strategy: Expiry and Nifty Short”

>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!


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