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Mahesh Narayanan M S Profile
Mahesh Narayanan M S

@MaheshMNMS

736
Followers
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Following
249
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F&O Trader | Investor | Sports Enthusiast | Human with lots of mistakes after all | IIT-Kharagpur | NIT Surathkal |Twitter is the new Log Book | Kerala 🇮🇳

Bangalore, India
Joined January 2023
Don't wanna be here? Send us removal request.
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@MaheshMNMS
Mahesh Narayanan M S
5 months
The problem starts where we short an OTM option having only time decay left in it thinking that it is easy to pocket. Volatility Risk Premium - will not let you capitalise it without undergoing the stress loading of the risk associated with it. Stop considering it as easy money.
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@MaheshMNMS
Mahesh Narayanan M S
1 year
We have got a friend of Finvasia in Zerodha. I waited patiently for 1 trading day and the time resolution of something as serious as this has already crossed. Zerodha punched ghost orders post 3:30pm in my account and vanished with my money yesterday. @zerodhaonline @Nithin0dha
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@MaheshMNMS
Mahesh Narayanan M S
1 year
As the zerodha glitch episode has finally been resolved, I would like to thank my brothers and sisters who voiced out their strong opinions in support of the cause and helped me immensely. This is what community stands for and let’s be united and supportive to each other always.
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@MaheshMNMS
Mahesh Narayanan M S
1 year
Important Update : Just received a call from Zerodha support. They told me it was server connection issue that few orders were not updated and these kind of technology glitches doesn’t warrant refund it seems. ARE THEY FOR REAL??!
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@MaheshMNMS
Mahesh Narayanan M S
1 year
Was not at all feeling mentally ready to trade again after what Zerodha did to my Tuesday trades, nevertheless traded with small size and ended here. If zerodha doesn’t play dirty again after market hours, this is where I’m ending. Time to rebuild!
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@MaheshMNMS
Mahesh Narayanan M S
1 year
@zerodhaonline I have made 4 calls to support staff already and have raised a ticket as well. I waited patiently til today 3pm for a resolution before going public with this.
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@MaheshMNMS
Mahesh Narayanan M S
4 months
Had the biggest loss of my trading life so far. All the loss came from single strike 74100PE, which spiked from 15 to 280 within seconds. All SLs jumped, exited manually in shock, caught the top prices and it reversed next minute. A series of unlucky events caught in chain. -2%
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@MaheshMNMS
Mahesh Narayanan M S
1 year
Final Update : Zerodha has finally responded well and have partially refunded the incurred loss as well as agreed to a limited period brokerage offer adequating the loss. Now that’s commendable and I appreciate the delayed yet satisfying resolution. @zerodhaonline @Nithin0dha
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@MaheshMNMS
Mahesh Narayanan M S
8 months
It was smooth and most OTMs have decayed 90% so exited my positions at 0.9%. This is my last trading session for this calendar year as I’m going on a foreign travel expedition. Will come back with new goals and vision for 2024.
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@MaheshMNMS
Mahesh Narayanan M S
15 days
-2.1% loss. This is the biggest MTM loss for me so far. Now let me introduce a new phenomenon to you. Double injection. During that big downmove in Bankex both CE and PE strikes had injection at same time 11:55 am. Both SLs hit at max prices. Attaching pics here.
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@MaheshMNMS
Mahesh Narayanan M S
9 months
One of the highest hit taken today. Out and dusted. ~ -2%
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@MaheshMNMS
Mahesh Narayanan M S
3 months
-1.1 % . Lost good chunk of monthly profits in the last 2 days of Banking Mayhem. Month ended with +3.5% net gains after today’s loss.
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@MaheshMNMS
Mahesh Narayanan M S
1 year
Important Update : Zerodha wrote back to the ticket I raised. Disappointing!!!
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@MaheshMNMS
Mahesh Narayanan M S
25 days
Nifty +1% . Expiry Trading. Only 0DTE trades. #expirytrading
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@MaheshMNMS
Mahesh Narayanan M S
2 months
Ending the month close to +6.6% . Decent May’24. Looking forward to next month after elections.
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@MaheshMNMS
Mahesh Narayanan M S
3 months
How 5 mins of an Intraday expiry Trader looks like 😁
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@MaheshMNMS
Mahesh Narayanan M S
1 month
-1%. After a long time, month in red zone after today’s loss . DD at -3.2%. Expiry Trading. Only 0DTE trades
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@MaheshMNMS
Mahesh Narayanan M S
3 months
Nifty daily dose. Cumulative Thursdays - a horrible affair this year. -1.1%
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@MaheshMNMS
Mahesh Narayanan M S
9 months
Opened and closed in 1 min. No risk to reward, don’t know to trade Long Gamma too. I don’t want to take that 10 Rs from 50 points away. You guys fight for it. Bye 👋
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@MaheshMNMS
Mahesh Narayanan M S
1 year
@mehtaankitk @zerodhaonline @Nithin0dha Market crashed at around 1:30 pm Tuesday. There was massive spike in 19250 PE, I tried to exit but order got rejected. It happened 2 times. 3rd time it got exited and I continued trading as normal and closed trading at 3pm. Later at 3:56pm rejected orders got repunched as BUY!!
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@MaheshMNMS
Mahesh Narayanan M S
9 months
Caught in big moves. Taking big hits in FN expiries. Out at -1.1%
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@MaheshMNMS
Mahesh Narayanan M S
1 month
Gave -0.8% back to market. Today was a day not to be for 0DTE trades!
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@MaheshMNMS
Mahesh Narayanan M S
1 year
When you decide to have 0.1% on ‘Fridays’. Going well 🙈
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@MaheshMNMS
Mahesh Narayanan M S
1 month
Again pushed me out of my risk limit for the day and thereafter market was manageable. It’s the cost we pay for not taking bigger hits and thus bigger drawdowns. Month back to measly gains only now.
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@MaheshMNMS
Mahesh Narayanan M S
21 days
-1%. Bankex. Expiry trading.
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@MaheshMNMS
Mahesh Narayanan M S
1 month
+1.3% . BN has some VRP left to realise on 0DTEs as well. This index is priced superbly.
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@MaheshMNMS
Mahesh Narayanan M S
1 month
A week full of Yday in today out 😂. Worked for govt and broker this whole week. Only 0DTE trades -1%. #sensex #expiry
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@MaheshMNMS
Mahesh Narayanan M S
3 months
Got a remark yday that my winners are small and losers are big. It’s just because I don’t share my winners here. I share only red and difficult days P&L. Secret lies in what we don’t see. scammers do exactly this by sharing only green p&L and no red days, tricking you. +1%
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@MaheshMNMS
Mahesh Narayanan M S
13 days
+1.1%. Surprisingly no SLs today. Really a surprise after yesterday mayhem.
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@MaheshMNMS
Mahesh Narayanan M S
1 year
@BandiShreyas @mehtaankitk @zerodhaonline @BandiShreyas Brother, they wrote back to the ticket I raised. No mentioning of any refund, just sorry notes!
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@MaheshMNMS
Mahesh Narayanan M S
27 days
A decent BN expiry. +1.3%. 0DTE trades. #Expiry #Trading
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@MaheshMNMS
Mahesh Narayanan M S
7 months
What has Midcap Nifty done?! From +0.5% to -1% in 3 seconds. Really getting unviable this!!
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@MaheshMNMS
Mahesh Narayanan M S
3 months
What the hell is wrong with you people?! Ticks were lagging more than 15 seconds straight. It’s scary as hell!! Imagine this happening with a wild move! Fortunate to have got an exit out of the trade! Who will bear the opportunity cost??! @zerodhaonline @Nithin0dha
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@MaheshMNMS
Mahesh Narayanan M S
1 year
Thanks a ton to all those who reached out, offered unwavering support and characterised the same anguish and agony. This win is for all of us. 🙌🏿🙌🏿
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@MaheshMNMS
Mahesh Narayanan M S
20 days
+0.5%. FinNifty expiry trading. Only 0DTE trades.
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@MaheshMNMS
Mahesh Narayanan M S
1 year
@sharmakunal09 @zerodhaonline @Nithin0dha No bro the entire loss of around -31k due to these orders got deducted and no refunds have been settled to me so far.
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@MaheshMNMS
Mahesh Narayanan M S
10 days
+1.1% Sensex.
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@MaheshMNMS
Mahesh Narayanan M S
4 months
What a day to trade last day for FY . Took day SL at -1% . Good March became decent March. Nevertheless, let’s March ahead!
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@MaheshMNMS
Mahesh Narayanan M S
7 months
And that ladies and gentleman, was a crazy ride. Out at -1.2%
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@MaheshMNMS
Mahesh Narayanan M S
1 month
Traded full size today for the first time after elections. Only 0DTE trades. Decent outcome. +1% #FinNifty #Expirytrading
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@MaheshMNMS
Mahesh Narayanan M S
2 months
Cautioned approach continues, trading only in half capital. Cut down the risk per day. Awaiting election results +0.5% #finnifty #expirytrading
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@MaheshMNMS
Mahesh Narayanan M S
19 days
+1%. BankNifty expiry trade. Only 0DTE trades
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@MaheshMNMS
Mahesh Narayanan M S
3 months
How’s that on a Bankex day? Gave away -1% today. #Bankex #Expiry
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@MaheshMNMS
Mahesh Narayanan M S
4 months
Finally that inevitable day! -1.1% . BankNifty you were ruthless today!
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@MaheshMNMS
Mahesh Narayanan M S
29 days
+1.1% for the day. Bankex Expiry. 0DTe trades #expirytrading
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@MaheshMNMS
Mahesh Narayanan M S
2 months
Tailored risk approach continues. Everything cut to half. +0.5% gains (~0.9% on deployed capital) . Account back to all time high. Only 0DTE trades. #expiry #banknifty
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@MaheshMNMS
Mahesh Narayanan M S
2 months
Stopped for the day at -0.5%. Cutting down risk and exposure til election results. #Bankex #expiry
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@MaheshMNMS
Mahesh Narayanan M S
6 months
With how I’m taking small profits and big losses, I should try my hands at long vol than short vol 🤣🫣 What a pitiful day , was out first hour itself. -1%
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@MaheshMNMS
Mahesh Narayanan M S
5 months
That was some day. Got butchered right from the morning. Ending -1% Madness is still sticking with this 🥲
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@MaheshMNMS
Mahesh Narayanan M S
18 days
+0.9%. Only 0DTE trades. Was difficult day . Contemplating some tweaks which will require extensive trials. The risk of a regime change in market can be hedged by going into fundamentals of how and why things work. That doesn’t change and tweaks can start from there.
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@MaheshMNMS
Mahesh Narayanan M S
1 year
CTMs were real pain. Traded CTMs in a real bad way, this coupled with SHEER UNLUCK got me here. Not ‘emotionless’ as I’m a real human being😅. Low Vix profits continues to elude me. Will learn from these failures. Onto the next one!
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@MaheshMNMS
Mahesh Narayanan M S
6 months
An inverted journey of trading profitably. A thread 🧵 I never really had a loss making or extended period to become profitable. I started my studies for options purely on paper. Then tested out a few methodologies, chose what matched my psychology and started trading.
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@MaheshMNMS
Mahesh Narayanan M S
10 months
I’ve been a Non-Directional option writer for over an year now. Compared to Sep-2022, there are many observations I’ve made as to why trading Non-Directional is tough job these days. A thread 🧵
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@MaheshMNMS
Mahesh Narayanan M S
2 months
Opportunity cost day where I exited at -0.9% towards the upmove but thereafter it was manageable. I’m okay giving away such days than to crawl back from -2% to -3% on the days that’s never meant to be. Sensex. Expiry 0DTE
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@MaheshMNMS
Mahesh Narayanan M S
3 months
BankNifty Expiry. Intraday 0DTE trades. Little over +1% #expirytrading #banknifty
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@MaheshMNMS
Mahesh Narayanan M S
4 months
Kinda no way out day. Tried my best, just got knocked out at my defined day SL
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@MaheshMNMS
Mahesh Narayanan M S
4 months
Not happy with how I traded today as I made mistakes in execution, nevertheless pinning this here to remind me of my sanity to not ever touch MIDCAP NIFTY 0DTE after it showed what it can do on 26/02/2024. You traded big size today and took hit? Mistake is yours.
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@MaheshMNMS
Mahesh Narayanan M S
9 months
Out at 1% . We get expiries everyday, but a semifinal once in many years 😉. #IndvsNZ #WC2023
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@MaheshMNMS
Mahesh Narayanan M S
5 months
Unfathomable. -1%. Looks like gotta hard fork. It’s time!
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@MaheshMNMS
Mahesh Narayanan M S
1 year
Low Vix premiums are so frustrating for the way I manage my MTM . I try to control the MTM swing to make it as stable as possible and for CTM strikes where premiums are available, it always backfires. Got played multiple times today. Learnings! +0.75%
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@MaheshMNMS
Mahesh Narayanan M S
2 months
Yes, what’s happening? Nifty moving like a single stock! -0.25% #expirytrading
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@MaheshMNMS
Mahesh Narayanan M S
1 month
A flat closing for the month. Nothing much to take away this month other than the fact that I didn’t lose money, being short gamma non directionally everyday. On to next. +0.3% Sensex Expiry. 0DTE
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@MaheshMNMS
Mahesh Narayanan M S
2 months
After a break for personal reasons , back with small sizing today, completely through phone. +0.5%
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@MaheshMNMS
Mahesh Narayanan M S
3 months
An oops day! -0.6%
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@MaheshMNMS
Mahesh Narayanan M S
3 months
1400+ points moved in Bankex. -0.5%
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@MaheshMNMS
Mahesh Narayanan M S
7 months
Today premium movements were so violent. Exited out completely. Choose your battle wisely they say. +0.3%
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@MaheshMNMS
Mahesh Narayanan M S
9 months
Had exited by first half as I was feeling unwell. Sensex has being a consistent giver so far.
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@MaheshMNMS
Mahesh Narayanan M S
1 year
Most disappointing 1DTE. Premiums lowest I’ve ever seen. Decay non existent. Spikes plenty. Frustrated, period. On to the expiry tomorrow!
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@MaheshMNMS
Mahesh Narayanan M S
1 year
We have made a video explanation of what really happened with Zerodha!! ZERODHA GLITCH 9’th MAY 2023 | LOOTING RETAIL TRADERS | SEBI NEEDS TO AC... via @YouTube
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@MaheshMNMS
Mahesh Narayanan M S
2 months
Time pass before and after Jane aunty decided to show up. Lucky to have navigated today! #expirytrading
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@MaheshMNMS
Mahesh Narayanan M S
11 months
Took an early exit at first half itself. Week hasn’t gone well. Month in minor red!
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@MaheshMNMS
Mahesh Narayanan M S
1 year
Also spoken in length and will engage in future conversation too with zerodha support staff about the steps leading to the glitch and measures which can be taken to avert this risk to an extend, which unfortunately, still pertains.
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@MaheshMNMS
Mahesh Narayanan M S
7 months
Insane swings by Nifty after a quiet day so far, was up 1.2%, got stopped out here. Pain of previous expiries looming over head. + 0.6%
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@MaheshMNMS
Mahesh Narayanan M S
1 year
There are no excuses for mistakes. Markets teaches its lesson automatically. I made a terrible mistake of selecting wrong strikes of Put at the opening, looking only at the pre open, immediately out in first candle. Will remember this! -0.75%
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@MaheshMNMS
Mahesh Narayanan M S
6 months
No firefighting, straight exit -1.2%
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@MaheshMNMS
Mahesh Narayanan M S
1 year
@_algomint_ @zerodhaonline @Nithin0dha They didn’t. They called me seeing Twitter post and told me there was a server connection Internet issue with them momentarily and so couldn’t update my order status real-time and unfortunately there is no refund mechanism for these kind of glitches it seems .
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@MaheshMNMS
Mahesh Narayanan M S
8 months
Exiting at 0.6% , sometimes everything baffles me. Stayed ultra safe so as to not get butchered and FNF trolling me immensely . Now can’t come close with decayed premiums. It is what it is.
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@MaheshMNMS
Mahesh Narayanan M S
1 year
FY 22-23 (less Q1) 9 months Performance. Started July’22. Starting capital 16L Avg Capital 29L Gross Profit : 14.3L Gross ROI : 49% Charges : 11% Net ROI : 38% Biggest Intraday loss : 1.5% (March’23) Biggest Intraday profit : 2% Max DD : 2.75%(2 times December’22 and March’23)
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@MaheshMNMS
Mahesh Narayanan M S
9 months
Khatam. Mann nahi hai!
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@MaheshMNMS
Mahesh Narayanan M S
6 months
Couldn’t have done anything more, tried my best. Taking this hit -1.5%. Was scary as few SLs jumped. Horror reign continues. #Sensex
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@MaheshMNMS
Mahesh Narayanan M S
10 months
Started 19900-19700 without hedge. Rolled down the calls to 850 and 800 in downmove. Further downmove, sized up call side. Risked off half puts to 650. In the recovery, sized up puts to half of what call side had. Held it til afternoon and exited as R/R was looking bad. 0.4%
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@MaheshMNMS
Mahesh Narayanan M S
7 months
Today was almost about to get knocked out with day SL, recovered and closed at 0.1%. No skill involved, just lucky I would say.
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@MaheshMNMS
Mahesh Narayanan M S
1 year
@mehtaankitk @zerodhaonline @Nithin0dha No bro all 4 times the support staff replied “we will check and update you in sometime” . For matters including financial loss of this scale, the revert time for such a severe issue doesn’t guarantee the customer satisfaction zerodha boasts a lot about
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@MaheshMNMS
Mahesh Narayanan M S
1 year
Was peaceful throughout the day. Sat on far OTMs and only came closer post 2:30 and then on averaging, that too with strict size control. Didn’t get caught up anywhere much. I’m getting obsessed with this approach during low Vix. Clean 0.8% without much trouble.
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@MaheshMNMS
Mahesh Narayanan M S
1 month
+0.8% . Nifty was being nifty today, not easy since last 2-3 months to trade this index for 0DTE . #Nifty #expirytrading
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@MaheshMNMS
Mahesh Narayanan M S
6 months
Stayed away from FinNifty trade today. Forget about capital drawdown. How much of a mental drawdown are you trading short gamma? I remember how elated I was when daily expiries were getting announced. Paisa hi paisa hoga. Le lo bhai, nai chahiye mujhe 🤣
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@MaheshMNMS
Mahesh Narayanan M S
1 year
Nothing much to say. Insane swings. Expiries sure getting tougher. Nail biting close for a +0.45%.
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@MaheshMNMS
Mahesh Narayanan M S
7 months
Hi All, in collaboration with our star trader @AMalayaliTrader , will be organising a live stream of our intraday positions for any one expiry. It will be free and for educational purpose only. Kindly let us know your preferred expiry in below form
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@MaheshMNMS
Mahesh Narayanan M S
8 months
Inevitable, yet again. -1.2% . Need to shrug off today.
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@MaheshMNMS
Mahesh Narayanan M S
3 months
Sensex Expiry +1.1% . Nothing special to report today.
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@MaheshMNMS
Mahesh Narayanan M S
2 months
Still trading in half size. Whipsaw day from start to end. These kind of days are more frustrating than loss days. Highest number of orders punched!
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@MaheshMNMS
Mahesh Narayanan M S
3 months
With the recent developments in 0DTE space, I am closer than ever to stop trading 0DTE. Have deployed 3 measures which I think will still sustain my ship in this atmosphere. If even these 3 measures combined gets breached for an undesirable loss, shop will be closed for 0DTE.
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@MaheshMNMS
Mahesh Narayanan M S
6 months
This is the real Moye Moye I was talking about. First time did a long strangle for a curiosity and clearly on the wrong side of the knife , today, of all days! When everyone expects something, market does the opposite. Any fans for me? 😆
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@MaheshMNMS
Mahesh Narayanan M S
21 days
So to curb increasing rate of alcohol consumption, following reforms has to be adopted: 1) Drinks with bottle price above ₹50k only are allowed to be sold. Ban all other drinks. 2) Alcohol shops to be opened only once a week per district. PS: F&O reforms by SEBI is unrelated
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@MaheshMNMS
Mahesh Narayanan M S
10 months
They say we have to pick our fights. Today is not worth fighting. Okay to miss out on potential gains but the practice of staying away on such days with bad risk to reward can possibly save us from a whitewash someday. All the little gains made wont suffice. I’m done for the day.
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@MaheshMNMS
Mahesh Narayanan M S
7 months
Was travelling today so traded only in the last stretch of averaging. Collected some brokerage back from zerodha .
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@MaheshMNMS
Mahesh Narayanan M S
9 months
4 days of red streak finally over. Forgetful day though. Was never feeling confident enough to trade
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@MaheshMNMS
Mahesh Narayanan M S
1 year
Low premiums gives bad RR day for 1DTE Non Directional trades. Out by booking +0.23%. Will see expiry tomorrow
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@MaheshMNMS
Mahesh Narayanan M S
1 year
Safest 1% I ever made. So many things went right in today’s trade. Traded only half size til 2pm, sized up after opportunity presented. Navigated morning swings with less than half position sizing, MTM never was under threat. Post 3pm move, safely risked off. One such day.
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@MaheshMNMS
Mahesh Narayanan M S
1 year
Frustrated to the core with tech issues coming my way. Missed atleast 0.5% or more with slippages. Can’t express in words how frustrated I am. Need to take an ice bath to cool it. Ending at 1% and gearing up for a long break from all this!!
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