Day Trading Futures

[manishchan]

What is happening, why frequent demo trades on Nifty !!!

Zerodha has been working on their new software.. so I think they do it for their testing over the weekend.

 

[LivetoTrade]

Zerodha has been working on their new software.. so I think they do it for their testing over the weekend.

Is this demo only on Zerodha, not with any other broker?

Testing Futures may be ok, but how can they move the spot values?

Is this possible?

 

[TradeJoker]

Is this demo only on Zerodha, not with any other broker?

Testing Futures may be ok, but how can they move the spot values?

Is this possible?

yes,in all brokers terminal

 

[LivetoTrade]

yes,in all brokers terminal

OK, the traded value is over 2000 crores as of now !!

 

[Niranjanam]

I have a counter observation to that. As nifty is touching 7000 assuming 6000 holds in coming years, Nifty now becomes a expensive instrument and so the swings will be more wild. meaning when ever it will trend it will trend higher.
If we approach 7.5k to 8k this phenomena will be more pronounced.

Why
1)because the lot size won't come down unless it reaches 10k
2) and in general the higher expensive instruments moves more because the same percentage move produce more movement in points.

So good for intraday traders and bad for option writers.
Again some crude observation. May be wrong.

I beg to differ, Sir.

Please go through the 14 day ATR of Nifty.

http://techpaisa.com/chart/nifty/atr/

Once Nifty become expensive swings may not increase correspondingly. . In March 2009 Nifty was 2600 and ATR 81 and now Index at 6800 and ATR at 64.
There is no relationship between lot size and range. Nifty and Mininifty had same range.

Nifty or any other instrument moves in absolute price points and not in percentages. % is a derivative of price not the other way.It is the horse that pulls the cart.

Please note that ATR is not a true measure of range available for day trading as it considers the previous day close.For example nifty trades in a range of 20 points after a gap up of 100 points. ATR will be 120 points where as we can only trade a 20 point range.

 

[Gaur_Krishna]

And how to do that ST da? Sell at +2SD of VWAP & Buy at -2SD is one good way. Are there any other ways ? I remember your post saying TDST, Stochastics and bands for these sideways days.

Regards,
Gaur_Krishna

These days the market opens with a gap and goes sideways the whole day.More than 80-85 % of the days in a month are sideways. With the gap we try to trade it as a trend day and that is where the problem is....

If we assume that all days are sideways days and trade as sideways days till a day proves otherwise by flipping into the trend mode, we will do much better in our trades.

Smart_trade

 

[a1b1trader]

When is the Infosys result.
Is it on 15th morning at 9.00 am or some other time.

Anyone interested in 'My Observations' for Infosys.

 

[PUCHU_2500]

many thanks to somatung, ST, pratap, Xray, kiran for their support and good advice.

 

[TradeJoker]

When is the Infosys result.
Is it on 15th morning at 9.00 am or some other time.

Anyone interested in 'My Observations' for Infosys.

huge bet there already in infy , wud like to know ur views

 

[a1b1trader]

huge bet there already in infy , wud like to know ur views

Will post

But first let me know, when is the INFY result,
I mean time, at what time
Is it 9 am or different.