Day Trading Futures

[timepass]

Today's earnings - F&O plus 615; margin available : Rs.16333/-

+2

Date		Opening	Profit/loss	Closing
21-Jan		15718	+615		16333
20-Jan		15491	+227		15718
17-Jan		15964	-473		15491
15-Jan		17237	-1273		15964
14-Jan		17012	+225		17237
13-Jan		18168	-1156		17012
10-Jan		17524	+644		18168
09-Jan		17101	+423		17524
08-Jan		16752	+349		17101
07-Jan		16593	+159		16752
06-Jan		17189	-596		16593
03-Jan		17583	-394		17189
02-Jan		23046	-5463		17583
01-Jan		22808	+238		23046

One bad trade (and some connection problems) near the end cost me about 40-50 rs.

 

[arcus]

Good pattern in USD-INR

Took a small positional long. Will add if position moves in my favour.
SL = Spot @ 61.42 as per Netdania Price. (There is no centralized quote for currencies.)

 

[bearish.bull]

Today's earnings - F&O plus 615; margin available : Rs.16333/-

+2

Date		Opening	Profit/loss	Closing
21-Jan		15718	+615		16333
20-Jan		15491	+227		15718
17-Jan		15964	-473		15491
15-Jan		17237	-1273		15964
14-Jan		17012	+225		17237
13-Jan		18168	-1156		17012
10-Jan		17524	+644		18168
09-Jan		17101	+423		17524
08-Jan		16752	+349		17101
07-Jan		16593	+159		16752
06-Jan		17189	-596		16593
03-Jan		17583	-394		17189
02-Jan		23046	-5463		17583
01-Jan		22808	+238		23046

One bad trade (and some connection problems) near the end cost me about 40-50 rs.

What made you infuse liquidity in your capital? Gone are the days of Rs. 3000?

 

[DataRam]

I read somewhere that they also creat false view of bid vs ask. Like place order with big vol to reflect but then cancel then at last second etc..

This is right , several resting orders are created to paint a false image to the traders having a bias about a direction. The Algos cancel the orders in matter of fraction of seconds upon certain conditions met written in the programmed algorithms.

 

[DataRam]

Interest Rate Futures have fair Volumes on first day at MCX & NSE both. Seems this instrument is going to be popular.

http://www.moneycontrol.com/news/market-outlook/interest-rate-futures-will-be-used-for-hedging-arbitrage_1028342.html

 

[timepass]

What made you infuse liquidity in your capital? Gone are the days of Rs. 3000?

The fear factor was too high with a small capital. It's high even with 15-20k

 

[arcus]

Interest Rate Futures have fair Volumes on first day at MCX & NSE both. Seems this instrument is going to be popular.

http://www.moneycontrol.com/news/market-outlook/interest-rate-futures-will-be-used-for-hedging-arbitrage_1028342.html

Yes, IRF has generated good volumes. On the first day itself, its generated more than half the volume of USD-INR Futures on NSE.

I think eventually it will be more liquid than Nifty futures & currency futures.

It is important to note that Banks can trade IRF. Banks cannot trade Nifty futures.

Bonds form a very big portion of a banks balance sheet. So, they need to hedge it properly.

Worldwide, IR derivatives are more popular than index futures.

 

[timepass]

Yes, IRF has generated good volumes. On the first day itself, its generated more than half the volume of USD-INR Futures on NSE.

I think eventually it will be more liquid than Nifty futures & currency futures.

It is important to note that Banks can trade IRF. Banks cannot trade Nifty futures.

Bonds form a very big portion of a banks balance sheet. So, they need to hedge it properly.

Worldwide, IR derivatives are more popular than index futures.

Which scrip is it in NOW ?? Lot size, margin required etc..

 

[TradeJoker]

Bolo Ravi kahan hai. Mujhe dil chahiye

 

[LivetoTrade]

Which scrip is it in NOW ?? Lot size, margin required etc..

Look for it under CDS.

http://www.nse-india.com/products/content/derivatives/irf/IRF_brochure_new.pdf