Complacency is the keyword now.

Finally got into a short position on Nifty & Silver on Friday after many unsuccessful attempts. Don't know as to how long I would stay with them. 


I was not able to update the blog for some time now as the markets were demanding my undivided attention. Will try to be as regular as possible with my updates. But sometimes it's just not possible.


A sense of uneasiness is in the air as complacency increases in the markets. Feeling a little uncomfortable at these levels.


As US & other markets were weak on Friday, I think it should be a good opening for me on Monday.:)


3 quotes from Warren Buffett that are worth remembering in the current environment:


"If past history was all there was to the game, the richest people would be librarians."


"Only when the tide goes out do you discover who’s been swimming naked."


"Risk comes from not knowing what you’re doing."


Have a good trading week!:)

Please try again later....

Last week I managed to close my positions just in time as all three positions went against me. It was pure luck that I got out with a smaller loss than I normally take. Nothing else. No crystal ball gazing done here. So, please try again later. Thank you.:)


Anyway, I have been trying a few positions here and there but not sure as to which of them would make those meaningful trends. So, staying with the process and hoping to get hold of atleast one such profitable trend.


Have a great trading week ahead!:)

Short on Lead, Natural Gas & IT stocks

The last week was a good time to finish off some year-end  activities as the markets were lacking direction and conviction.

After some wait I think some clarity is emerging in global markets.

I am short on Lead, Natural Gas and some large cap IT stocks. Clearly defined situations all three of them. Makes it much easier to diagnose in case of trouble.

Sitting on the sidelines....

Closed my Natural Gas shorts on Thursday. It was a good one-way trade. Nifty rallied smartly after I closed my longs. Don't know what to make of these markets right now. Too many conflicting signals everywhere.


I'm staying out till there is more clarity.


Disclosure: No trading positions. Have long-term investments in stocks.

Closed Nifty & Aluminium. Added shorts in Natural Gas.

I closed my longs on Nifty & Aluminium yesterday. Added to my shorts on Natural Gas which is working for me & seems to be in a secular downtrend. That's it for now. Have a great trading day!

Nifty long again....

I am re-trying longs on Nifty. Bought Nifty futures on Friday. In commodities, I am long on Aluminium & short in Natural Gas.

There is nothing much more to write about as the markets have been pretty slow and unexciting, actually a bullish sign according to me.

Closed Nifty Longs

I closed my long positions in Nifty futures today.
Still holding some hedged positions in commodities.