Hi
Thanks for reply
I meant..for example..My method is I trade all the trades in direction of HTF(as ST da method which you mention in your latest thread) I enter on pivothigh in direction of 30 min..so if long I enter on break of pivot high & sl is on latest pivot low..ex 8550 is high & low is 8530..I Take sl of 20 point..if I do it with future, its clear where to take entry & sl..but if same trade I take on option..& if i use option charts..& tke entry on same pivots..& sl on same pivot..so its possible, that when price comes down, it takes sl of option but didnt take sl of future..so how do you solve that problem
Besides, ex , if after breaking 8550 , nifty goes up & I take profit at 8600..means 50 point profit..but option may go up just 35 points..how do you handel this
I Want to trade in options intraday as that needs less margin & transaction cost is much low than future..but couldnt handel that problems
so how do you handel that? or do you trade options in few conditions? ot trade in both regularly?
thanks
Thanks for reply
I meant..for example..My method is I trade all the trades in direction of HTF(as ST da method which you mention in your latest thread) I enter on pivothigh in direction of 30 min..so if long I enter on break of pivot high & sl is on latest pivot low..ex 8550 is high & low is 8530..I Take sl of 20 point..if I do it with future, its clear where to take entry & sl..but if same trade I take on option..& if i use option charts..& tke entry on same pivots..& sl on same pivot..so its possible, that when price comes down, it takes sl of option but didnt take sl of future..so how do you solve that problem
Besides, ex , if after breaking 8550 , nifty goes up & I take profit at 8600..means 50 point profit..but option may go up just 35 points..how do you handel this
I Want to trade in options intraday as that needs less margin & transaction cost is much low than future..but couldnt handel that problems
so how do you handel that? or do you trade options in few conditions? ot trade in both regularly?
thanks
NT bro !!!
i will post in the evening..in detail
i will post in the evening..in detail
Regarding option/s i watch direct option chart..and will trade and fix the SL as per that chart..
Your query was future may not hit sl and option may hit your sl ??
if you observe there are many instances where option trade is not triggered but trade in future is triggered..then what will you do ??
So ideal both as separate entities for trading I won’t look for option Greeks at the time of trading nor OI data..
Before market i do study OI data for a broad view ,but that is nothing to do with trade setup
I trade both F and O regularly but SL-M order is must..slippage is also a reality and I don’t go with add-on or partial exits ..i trade my full qty…with add-ons i
used to mess up my position period of trading options in 2 nd to 4 th week…i just avoid the first week..
My experiments are also there with positional options july was ok...lets see how this aug series goes
Example just look at ST da scalping way..
I do scapling in Nifty Options and I would like to share a few points as under :
1) I need approx 3 points in Nifty options to take cate of exchange charges,low brokerage and STT and also a few wrong trades which always happen irrespective of what we do. So if I am scalping At The Money options ,it means the nifty should give me a move of 6-7 points in direction of my trade that too very quickly.
2) I select my place for scalping .....such as when a hourly bar's bottom gets broken, or a important pivot gets taken out,break of a trend line,failure of breakouts/breakdowns....these are places where the counter gets into high activity mode,the moves are strong and fast. I can achive my targert move in less than a minuts in the trade. Sometimes I got even 6-8 points in such scalps agaist 3 to 3.5 points which I am looking for.....Though this is not scalping strictly....it is actually trading breakouts for small price move.....but whatever it is called ,these quick scalps suit my mental set up.
3) Sometimes bid/ask spread gets wide....in this case try to buy at lower side of the spread and sell at higher side.....this is to be tried in stable markets...not in trend moves because mkts are likely to jump in trend moves....
I am not a regular scalper...but thought of sharing few points here...
Smart_trade
1) I need approx 3 points in Nifty options to take cate of exchange charges,low brokerage and STT and also a few wrong trades which always happen irrespective of what we do. So if I am scalping At The Money options ,it means the nifty should give me a move of 6-7 points in direction of my trade that too very quickly.
2) I select my place for scalping .....such as when a hourly bar's bottom gets broken, or a important pivot gets taken out,break of a trend line,failure of breakouts/breakdowns....these are places where the counter gets into high activity mode,the moves are strong and fast. I can achive my targert move in less than a minuts in the trade. Sometimes I got even 6-8 points in such scalps agaist 3 to 3.5 points which I am looking for.....Though this is not scalping strictly....it is actually trading breakouts for small price move.....but whatever it is called ,these quick scalps suit my mental set up.
3) Sometimes bid/ask spread gets wide....in this case try to buy at lower side of the spread and sell at higher side.....this is to be tried in stable markets...not in trend moves because mkts are likely to jump in trend moves....
I am not a regular scalper...but thought of sharing few points here...
Smart_trade
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