Day Trading Futures

[timepass]

sbin honey moon over.
profit booking came sudden down of 15 points in 5 min.
and 30 points down in nifty spot.

seems to happen in every expiry in the last 15-30 min

 

[kiran_thiru]

sbin honey moon over.
profit booking came sudden down of 15 points in 5 min.
and 30 points down in nifty spot.

not only nifty and sbin. all stocks hangover stopped by big slap.

 

[pratapvb]

10pt? 500rs
has anyone paid stt for them whats it like some % or specific amt?

it is around 7pts .......this is because expiring ITM bought options is treated as taking delivery (so equity level taxes) but settled in cash....


so you can have a situation where you have bought 6650 PE and expiry after adjustments is 6647.....and you will get Rs 3 and pay Rs 7...net -4....so be careful

 

[pratapvb]

seems to happen in every expiry in the last 15-30 min

it is all maxpain option dynamics jindabad

http://www.traderji.com/trading-diary/93070-bank-nifty-i-see-9.html#post950646

 

[Gandhar.]

reliance spot

 

[Trader_PK]

today very bad luck in option

6600 PE became 0 bought at 1

6650 PE - punched order at 1 .. but didnt fill .. missed by just 0.1

other today's trade

 

[TradeJoker]

They usually tweak the system with past data ,and show us backtested report

ST Da & Seniors,

Today entered long and closed early and again did not enter fearing last minute action on exp day, so have lots of free time. Asking one question out of curiosity only.

I guess there are many system providers who claim to catch Tops/Bottoms, so I am curious about how they function? I mean,

1. When back-tested, their system gives 300+points in Nifty so does their systems re-paint their trades? I guess not, because trading community is not so grossly foolish.

2. How much money do they charge? It is per licences basis or give AFL etc?

3. How do they protect their privacy of method? Once if someone knows, many others will eventually come to know by word of mouth?

4. Do these people trade their systems personally, or just sitting on fence keep providing systems and its traders who go thru all the turmoil?

Sorry for spell-mistakes if any,as away from regular terminal and writing from some other platform...

Regards,
Gaur_Krishna

 

[Smart_trade]

ST Da & Seniors,

Today entered long and closed early and again did not enter fearing last minute action on exp day, so have lots of free time. Asking one question out of curiosity only.

I guess there are many system providers who claim to catch Tops/Bottoms, so I am curious about how they function? I mean,

1. When back-tested, their system gives 300+points in Nifty so does their systems re-paint their trades? I guess not, because trading community is not so grossly foolish.

2. How much money do they charge? It is per licences basis or give AFL etc?

3. How do they protect their privacy of method? Once if someone knows, many others will eventually come to know by word of mouth?

4. Do these people trade their systems personally, or just sitting on fence keep providing systems and its traders who go thru all the turmoil?

Sorry for spell-mistakes if any,as away from regular terminal and writing from some other platform...

Regards,
Gaur_Krishna

You could have entered long again in the dip at -1SD ( around 6672 ) and sold above 6691-92 in the end....( April Series )

1)There are very few systems who regularly catch tops and bottoms ( like DeMark Sequential and Combo ) but they are based on very solid research and they dont come dime a dozen and they too fail at times. Most methods claiming to catch tops and bottoms are plain curve fitted systems and they wont perform in another set of data.

2) No idea about how much money they charge...I have NEVER bought a black box or even a disclosed system.

3) Some trades are theoratically possible but not possible to actually execute the trade.....just an example of today's move in April Fut NF....drop from 6693 to 9970 and again rise from 6670 to 6692 makes 44 points in just 30 min....but difficult to catch both moves so many times these points are only for record purpose.

4) The people who sell systems may not be trading them as the mindset needed for system selling and trading are different.

5) Privacy of the method : You can give best method to people openly and most will mess up with it by tweaking, trying to further improve ( and avoiding all loosing trades and not trade ) . Very few will be able to trade with it successfully. We have so many excellent methods in this forum...then why most are struggling to make money. Teaching a method is easy but giving faith to trade on the method is very difficult.

Smart_trade

 

[OMSAI]

You could have entered long again in the dip at -1SD ( around 6672 ) and sold above 6691-92 in the end....( April Series )

1)There are very few systems who regularly catch tops and bottoms ( like DeMark Sequential and Combo ) but they are based on very solid research and they dont come dime a dozen and they too fail at times. Most methods claiming to catch tops and bottoms are plain curve fitted systems and they wont perform in another set of data.

2) No idea about how much money they charge...I have NEVER bought a black box or even a disclosed system.

3) Some trades are theoratically possible but not possible to actually execute the trade.....just an example of today's move in April Fut NF....drop from 6693 to 9970 and again rise from 6670 to 6692 makes 44 points in just 30 min....but difficult to catch both moves so many times these points are only for record purpose.

4) The people who sell systems may not be trading them as the mindset needed for system selling and trading are different.

5) Privacy of the method : You can give best method to people openly and most will mess up with it by tweaking, trying to further improve ( and avoiding all loosing trades and not trade ) . Very few will be able to trade with it successfully. We have so many excellent methods in this forum...then why most are struggling to make money. Teaching a method is easy but giving faith to trade on the method is very difficult.

Smart_trade

Because our success depend on Trading Psychology not any method......:thumb:

 

[PUCHU_2500]

1.I am an inexperience trader.
2.trying to follow niranjanam's(nifty nirvana) price action.
3.my understanding about P A is too poor.
4.committing mistake is my daily routine
5.still fighting to reduce bad trades and too many no of trades, but failed.