60 Days 10K To 1 Lakh Minimum

[soft_trader]

Basic Question

how much point movement in nifty would increase the nifty premium by rs 1? i hope my question is understood.

It will depend on the strike price.

 

[TradersZone]

Basic Question

when you guys say "how to get 5 points daily in nifty". what does that 5 point mean, and what would be its impact on profit/loss level?
For example, how much point movement in nifty would increase the nifty premium by rs 1? i hope my question is understood.

Depend On Strike Price

But We Trading With 10k Only With 2 Lot In Start

So I Guess 100 Rs Premium Call Or Put With 2 Lot For 5 Point We Need Nifty To Move 20 To 25 Point Minimum

 

[hames]

Depend On Strike Price

But We Trading With 10k Only With 2 Lot In Start

So I Guess 100 Rs Premium Call Or Put With 2 Lot For 5 Point We Need Nifty To Move 20 To 25 Point Minimum

For 5 point, you mean Rs 5 ?

 

[TradersZone]

Yes Like Call Bought@100 And Sold@105

That's 5 Point Profit

 

[Deeksha]

Let me just jump on to what has been going on and see if I am able to get any way near

BTW following are my trades for the day !

Uploaded with ImageShack.us

 

[TraderRavi]

Let me just jump on to what has been going on and see if I am able to get any way near

BTW following are my trades for the day !

Uploaded with ImageShack.us

you bot @ 9.45 am and sold @ 2 pm around buying price......but why not sold in between @ higher price..?

 

[letsgrownow]

Yes Like Call Bought@100 And Sold@105

That's 5 Point Profit

OK but what about Brokrage ??? For me Brokrage of such trade will be Rs. 25 per leg, so for 2 lot Buy-and-Sell it will be Rs. 100...

So do I need to book profit on 6 point instead of 5 points..?????

 

[soft_trader]

OK but what about Brokrage ??? For me Brokrage of such trade will be Rs. 25 per leg, so for 2 lot Buy-and-Sell it will be Rs. 100...

So do I need to book profit on 6 point instead of 5 points..?????

Then you need to change your broker. On a long run your savings on brokerage will pile up. If you trade with 1-2 lots then go for RK Global. They charges Rs. 9/- per Lot. So two lots buy & sell comes to Rs. 36/-

If you trade more than 2lots per trade, then go for Zerodha. Rs. 20/- per trade. there also you will save substantial amount of brokerage.

In today's market environment lowering cost of trading should be given priority. A penny saved is a penny earned.

 

[Deeksha]

you bot @ 9.45 am and sold @ 2 pm around buying price......but why not sold in between @ higher price..?

Well I favor riding the move until SL is hit or I exit the market towards 3.00 In above case my trailing SL was hit and I could book profit. But this is all part of game you win some...you lose some !

Rgds,
DS

 

[Deeksha]

Had a good day today :clap:

Rgds,
DS