( There are no posts today in Hedged Futures Trades Series and Rs. 2000 Options series )
The purpose of a strategy is to carry the trades and the trader safely through different market moves. Whether the market moves up or down, a good strategy sees to it that there is no big loss.
For this month, The Lazy Trader strategy is passing this test.
Yesterday, NIFTY was down 80 points.
But there was a gain in the mark to market profit in this set of trades.
For the first time since the strategy was initiated, NIFTY futures have come to a level lower than the starting price.
With that we are seeing a small profit on both the sides of the trades and that is something really good.
We look forward to more goodness and more profits. That depends on the market and once again our role remains the same — doing nothing.
Stay lazy, stay happy.
Disclaimer: This post and examples are for teaching purpose only and are not meant as advice/suggestion to trade in these stocks. Trading in Futures and Options can lead to big losses and should be done with appropriate knowledge and advice only. Mentioning the stocks here does not imply that I have a trading position or likely to take a trade in these stocks.