Wednesday, June 30, 2010

Trades for 30-06-2010

Today’s trades:

  1. +730 Gati @ 68.50
  2. +877 Provouge @ 57
  3. -206 Astra Micro @ 66.50
  4. -63 Religare @ 405

What a day today. Had lot of fun in intraday trading, and our market seems to be invincible. Amazing recovery and I think this move will take us to 5350-70 range, after that one has to be careful. Nothing much to add except I am getting stock ideas by the dozen now a days :)

Still no news for my HP laptop which I think is bad news. I just hope I don’t have to buy a new one. More than the money involved it’s a painful job to get all the software vendors to come and install their software on the laptop. I have at least 5 software on that laptop which are copy protected and which are machine specific.

Till tomorrow then…………….

Tuesday, June 29, 2010

Trades for 29-06-2010

Today’s trades:

  1. +1414 Vimta Labs @ 35.35
  2. +836 Kolte Patil @ 59.75

I haven’t been able to update my blog on time since last few days as I don’t have the laptop using which I used to update the blog while travelling. The laptop which I have currently has a very weak battery which doesn’t give me enough time to finish all work and update the blog. But soon things will change as I am getting a new battery for this laptop and the other laptop should be back from service centre and I am getting a new gadget soon.

As the situation is right now world markets are deep in red Europe is 3-4% down and USA is also 2% down. We are surely having a gap down tomorrow, hopefully 5180-5200 levels should give good support for the market.

Monday, June 28, 2010

Trades for 28-06-2010

Today’s trades:

  1. -2237 Balaji Dist @ 46.05
  2. -76 Dhanlakshmi Bank @ 188.25

I haven’t entered any fresh trade in last 2 days as I feel market may fall. I am bullish on reality sector for this month and I am waiting for a good opportunity to get in. Had a good chance today to enter reality stocks but missed it. Stocks that I am bullish are DLF, HDIL, Unitech & IBull Real Est.

Friday, June 25, 2010

Trades for last 2 days

Finally back on the blog. I couldn’t update the blog since last two days because of several reasons. First and foremost my one laptop which was sick finally died, and has gone to repairs. So restoring everything on another machine and getting up to speed was little slow due to expiry day yesterday. Other reasons were personal like had some occasion at home, too much rains and got stuck also being expiry week there was lot of rollover work.

Here are the trades of last 2 days:

  1. +2237 Balaji Dist @ 44.70    (23-06-2010)
  2. +801 Thomas Cook @ 62.4 (22-06-2010)

After getting into Balaji Dist trade I found out that it was merging into United Breweries and even the ratio was fixed. So i feel on its own there is no movement possible in Balaji Dist and it will move with United Breweries. Due to this fact I intend to exit this trade today or tomorrow. At 10.45 today its quoting at 45.75 which still gives me 1Rs for a wrong trade :)

My plan to start FII options trading analysis may not be possible over the weekend due to shortage of machine. Lets see how things pan out over the weekend.

Tuesday, June 22, 2010

Trades for 22-06-2010

Due to other work commitments I couldn’t trade much today. Trading portfolio has fared well compared to general market. Missed booking some Dhanlakshmi Bank at 180, hopefully will get a chance tomorrow.

I am planning to put up FII Nifty options trading analysis from next week. I feel lately FII’s have started taking big bets on Nifty options and tracking the same could yield good results.

Till tomorrow then…………………

Monday, June 21, 2010

Trades for 21-06-2010

Today’s trades:
  1. -156 Future Capital @ 200
Finally I have been able to create a google sheet which will have all the trades and a summary with current market price. This sheet will also show invested capital, market value of the portfolio and current M-T-M profit. I hope this helps in visualizing the trading portfolio.

Trades for 18-06-2010

Today’s trades :

  1. -75 Rel Power @ 176.75

Thursday, June 17, 2010

Trades for 17-06-2010

Today’s trades:

  1. +253 Religare @ 395.50
  2. -555 TV18 @ 90 (Had bought this on 14th @ 90 but forgot to mention in the blog – though i had twitted it)
  3. -100 5200PE June @ 30

Blogger Labels: Tv18,5200PE,Religare

    Wednesday, June 16, 2010

    Trades for 16-06-2010

    Here are trades for today:

    1. +826 Astra Micro @ 60.50
    2. +306 Dhanlakshmi Bank @ 163.25
    3. -156 Future Capital @ 177
    4. -50 5200PE June @ 55.25

    While booking 25% in Nifty Put I realized that I can’t follow my profit booking strategy with 3 lots. So hence forth I will trading in 4 lots of Nifty.

    Tuesday, June 15, 2010

    Trades for 15-06-2010

    Today I wasn’t able to update my trades on twitter in real time due to twitter being overloaded. Anyways following are trades for today:

    1. -77 Rel Power @ 172
    2. +530 India Infoline @ 94.25
    3. -133 India Info @ 97.25
    4. +290 Infinite @ 172.25
    5. -77 Rel Power @ 178
    6. -77 Rel Power @ 179.50
    7. +150 5200PE June @ 44

    For all options that I buy or sell I will assume that I will be paying margin so as to control the size of my trade. Even if I am buyer of an option I will consider that I have paid the margin even though the Stock Exchanges don’t levy any margin. The margin usually varies from time to time but I will take is at Rs 350 per nifty so my Rs. 50,000 exposure will allow me to trade 150 (3 Lots) of nifty at a time.

    I am still in the process of creating the Google sheet for aggregating my trades. From what I have already tried it seems that it may not be very easy to go with Google sheet, in case i am not able to automate things with Google sheet then i will go with Web based Excel sheet. I should be able to figure out something by tomorrow.

    Trades for 14-06-2010

    As promised I will start disclosing my trades from today. But before I do that I would like to have some standards through which I can decide the amount I invest in each trade. After giving it considerable thought i have decided on Rs, 50,000 exposure per trade in delivery segment and Rs. 50,000 of margin exposure if I am doing it in Futures & Options segment. There might be times where I would be very confident on a trade, in such cases it would be double the regular amount, and I will indicate the same on my tweets. So here goes the first post on my trades:

    1. + 625 Future Capital Holding Ltd @ 160 (this was a double confidence trade which i didn’t mention in my tweet since i had not formulated a plan on the amount of exposure i will be publishing in this blog)
    2. +302 IDFC @ 165.25
    3. +306 Reliance Power @ 163.25

    In near future I will try to create a Google sheet where all the trades will be tabulated and summarized so that one can check M-T-M profit / loss and position on near real time basis. I will also try to post this daily positions by early evening so that all get a chance to review it before end of day. Since this is the first post and I had to formulate few standards I posted it so late.

    Before I close this post let me clarify few things. First I would be taking exposure of much more value or lesser value compared to what’s disclosed here but the confidence proportion will remain linked. I in no way am recommending anyone to follow or trade behind me and if anyone does so then its at your own discretion and risk. I would not be attaching a standard disclosure to all my posts but since this is the first post I will attach a disclosure.

    DISCLOSURE: Stok Guru’s Diary is a blog only for information and education purpose. I will be having positions in all stocks recommended here thus having vested interest in the same. Any reader is requested to do his/her own research and/or consult a certified financial planner before making decisions with respect to buying and selling stocks or derivatives. This blog and it's owner do not take any responsibility for the views expressed in here and any consequences including financial, legal or otherwise resulting from actions based on such views.

    Blogger Labels: Future Capital Holdings Ltd.,FCH,IDFC,Reliance Power

    Wednesday, June 9, 2010

    Quick Update

    I have started this blog to disclose my every day trades and yet I haven’t posted a single trade of mine. I am just taking little time to get used to blogging and I intend to start blogging my position from 14th June 2010. I am also available on twitter and will update my trades there also in real time. Twitter handle is stok_guru. I will be active on twitter only after 14th.

    Blogger Labels: stok_guru

    Tuesday, June 8, 2010

    Reliance Netconnect+ v/s Tata Photon+

    As I mentioned in my last post, I was travelling to Baroda over the weekend and had the opportunity to use both the high speed data cards during the journey and in Baroda. Here is my observation:

    • While in the train both used to disconnect every now and then but what I observed was Netconnect+ only disconnected when I was moving from a low speed network to high speed network while downgrading there was no disconnection. Photon+ disconnected randomly and more frequently.
    • The speed again Netconnect+ was much better than Photon+ during the journey and while in Baroda.

    My conclusion is that Reliance Netconnect+ is far better than Photon+ while in Mumbai and even while travelling. Only place where Photon+ would score better is that it has many more cities under high speed coverage than Netconnect+. Again this is what I gather from their marketing material and not something which I have cross checked. So if the city that one is travelling has high speed Reliance network then Netconnect+ would be my choice of connectivity.

    Blogger Labels: Netconnect+,Photon+,data card

    Saturday, June 5, 2010

    My Machines (Second Wives)

    Well this is a first for me….blogging from a running train :). This weekend I am travelling to Baroda from Mumbai to attend a cousins wedding. Right now I am sitting in Shatabdhi Express and blogging away, connected to the internet thru Reliance Netconnect+. I have heard lots of nasty things about all products from Reliance Communication but I have to say their broadband wireless service has never let me down. I own both Hi-Speed wireless connections available in Mumbai Reliance / Tata and I have to say from my experience Reliance is miles ahead of Tata in this regard. My experience with Tata Photon+ has been horrible in Mumbai, very bad speed (never exceeds 300kbps) and frequent disconnections if I am travelling more than 60Km/h. Reliance Netconnect+ gives me consistent high speed (1mbps+) and never disconnects. This is the first time I am taking both my data cards for a spin out of Mumbai, will blog about the experience once I am back.

    This post is to elaborate on the machines that I use for my day to day life. First I will start with the desktops, following are the configuration of the desktops:

    1. Quad Core 2.9Ghz / 4GB Ram / 320GB*4 SATA Hard disk in RAID 5 / Nvidia GTX 260 / 22” Samsung LCD / 19” LG LCD and the regular stuff.
    2. Quad Core 2.9Ghz / 4GB Ram / 320GB Hard disk / Onboard Graphics / 22” Samsung LCD / 17” LG LCD / Tv Tuner Card and regular stuff.

    Many of you might be wondering why such a high end configuration in one of the system, the reason is simple, I am an avid gamer and almost always play all the latest games. So the first machine is my gaming / trading rig. The first machine usually runs my 2 trading terminal for NSE / BSE and a few Remote Desktop sessions. The second machines runs a copy of falcon, the data streaming application of falcon and TV (mostly tuned to CNBC).

    My Laptops:

    1. TC4400 – Core2Duo 2.2Ghz / 2GB Ram / 80GB Hard disk / 12” Wacom Enabled Active Screen (no touch) and regular stuff
    2. DV2601TX – Core2Duo 1.5Ghz / 3GB Ram / 120GB Hard disk / 14” Screen

    The tablet that I use is now almost 3.5 years old and due for a replacement but I haven’t found any other tablet that I like. The one that I actually like is not available in India (Lenovo X201T). The second is fairly new (just about 2 years) and is usually attached to a 17” LCD when I am in office. The tablet is used for browsing the internet, tracking my portfolio, staying in touch with instant messengers, email and all work related to the internet. The second laptop connected with an external LCD usually has Newswire18 terminal Aspen Graphics and falcon running. I also have 2 more machined running in background which have the NSE Server and Reuters terminal but both of this are redirected to my 2 desktops using Remote Desktop so that I can use all the software on my screen.

    My office infrastructure:

    1. 3 Internet connections -- MTNL / TATA / Local Cable. All internet connections have inbound VPN capabilities
    2. 3 Leased Lines + Routers -- BSE / NSE / Head Office
    3. 1 Online 6KVA Ups – Provides 8 Hrs backup time to all my office machines (12 of them)

    I have such a setup that all my internets are configured in a round robin setup so there is automatic switch over in case one fails. My trading is always done through the leased line and never through the internet as I feel lease lines provide far better speed and reliability. I have backup connectivity 2 both the exchanges through my head office leased line.

    That’s my setup and all these have been procured / designed by myself. I have even programmed the routers that connect me to my head office. I also have a dedicated old laptop connected to the internet 24x7 running torrent client / mail server / backup server / VPN connectivity etc… but that will have to wait for another post.

    Till tomorrow then…………….

    Friday, June 4, 2010

    My Trading Style

    As I mentioned in my first post this blog is mainly about my trades and thoughts on Indian Stock Market. I will be disclosing what I do on day to day basis on this blog, but before that I would like all of my readers to know my method of trading and style of trading.

    I am NOT a technical analyst. I CAN NOT read charts and nor can I identify patterns. But this does not mean i don’t believe in TA. It’s a good method but in my experience i have never seen anyone making it big in stock market only on TA. (I have been in the market since 1992 – so that’s a long time for this conclusion). I feel if one knows TA then one can get a better entry and exit.

    I have been trading in the market since 1992 and one method that has worked consistently for me is following --- Always follow what big people are doing. This is difficult to do as one may not get the right information at the right time but over a period of time I have developed good contacts in the market through which I get good information. This method has helped me multiply my net worth at least 25 times in last 18 years. Most of the rise in my net worth has come from investments (buying and holding for more than 1 year) and not trading, but to invest one has to have the pulse of the market which can only be gained by trading.

    Now this does not mean I only do trading on information. Over last many years I have developed a knack for reading ticks. I do lot of intraday trading purely on reading ticks. Another style of trading is the quarterly results trading. In this style I gather the estimates of top 200 companies quarterly results from various institutional reports and since I have access to 2 different news sources (Reuters / NewsWire18), I can actually trade on the result announcements and it does give good opportunities.

    I also do lot of trading in options (mostly Nifty), and very moderate trading in futures as i also believe, like great Buffett, that these are weapons of mass destruction.

    I usually don’t follow stop loss or nor do I have a stop loss when I enter a trade but I wouldn’t advice this to anyone unless you know what you are doing. So most of the time when I disclose a trade I have taken, I will not mention a stop loss. If you want to follow me then do so at your own risk and do have appropriate stop loss. In case some trades don’t work out the way they should then I am never hesitant to book loss and will also disclose the same.

    I usually trade with large number of stocks in my trading portfolio. It’s not uncommon to find more than 100+ stocks in my trading portfolio in a good trending bull market. So it is possible that one may find it overwhelming with the number of stocks that I trade. I will try to point out best of the lot every now and then.

    Well that in general is how I trade. Any Questions and Comments are welcome.

    Till next time then………………

     

    Blogger Labels: Trading Style

    Thursday, June 3, 2010

    My Setup

    Hi I never got started with blogging since the idea was formed in my head, but now i have decided to blog seriously and so I am hopping that things would move forward from now on.

    Since I will be talking about Indian Stock Market and my passion of technology, I thought I would first let everyone know my setup. Here is the list of machines & gadgets that I use:

    The above mentioned machines are connected to 2 Samsung 22” Lcds, 1 LG 19” Lcd and 2 LG 17” Lcds. So all in all i have 7 screens to work with including the laptop displays. I use only 1 keyboard and mouse to control all the machines and one dedicated wireless keyboard (Logitech K350) is attached to my tablet. I will elaborate more on each machine and gadget in a separate weekend post.

    The Software I use for trading:

    I use many other software for day to day work but the above mentioned ones are the bare minimum required for daily trading. I will post a photo of my trading desk so as one can visualize it.

     

    Questions & Comments are most welcome.

     

    Blogger Labels: DV2601TX,TC4400,Indian Stock Market,Tablet,TyTn II,K350,Falcon,Reliable Software,Aspen Graphics,Reuters,NewsWire18,BOLT,NEATOP,NEATCM