Day Trading Futures

[niftytaurus]

and how people exploit this ?

hi
it can be exploited only by option selling..option buyer ..if he buys anything put or call. ..he will be always in loss..I have been noticing this from last 3 infy quatre result...as in april may last year before those quatres..people who buy call & put both had been in profit..so they apply same pattern..but sellers & big boys are much intelligent...they change their game in next quatre but retail are expecting same profit in every quatre & buy call & puts both..ab infy ka result chaey jo ho...put buyer & call buyer dono ko loss..& jisney call & put dono bhi kharid li..to double loss...
so profit main sirf option sellers

 

[niftytaurus]

hi
sbi spot 1977...sbi ko rally karney main bada kasht de raha hai..2 baar fail ho gaya hai...ab dekhtey hai ..make or break level

 

[niftytaurus]

hi
sbi spot 1977...sbi ko rally karney main bada kasht de raha hai..2 baar fail ho gaya hai...ab dekhtey hai ..make or break level

hi
make nahi kiya ...break kar diya ...

 

[Somatung]

Function of an extremely high value of IV pre event, going down rapidly post event.

Well said and here the simple prove for this:

11 April 2014 (Last Friday):

15 Apri 2014 (Today in the morning)

Take care and have a nice day

 

[niftytaurus]

Hi
& yeh range break hotey hi blast..

hi
who have played this range breakout would have make 18 points ..
& then bo failure...again 30 points...till now

 

[timepass]

See Infy run up in last 10 min..

 

[XRAY27]

hi
who have played this range breakout would have make 18 points ..
& then bo failure...again 30 points...till now

Range is the one min candle for me as i posted 9.28AM see the high and low so breakout iam not ok with that.. BOF at 2.55 only we can set the direction but that time 3.15 is MIS ..so no trade day for me

see my post 4896

These are the markets unless better setup is there i will not trade

NO TRADE DAY IS ALSO PART OF MY TRADING

 

[PUCHU_2500]

http://www.traderji.com/images/smilies/happy64.gif

 

[Trader_PK]

guys please be carefull ..next month

My guts feel say that bjp will win only 160-170 seats

means lower circuit for sure on 16th May

 

[niftytaurus]

hi
here are my today trades in sbi spot...i didnt paper trade but i just traded it with only 2 shares quantity...traded same as if i would have traded 2 lot sbi future...
half quantity on fixed profit of 8 points..& rest of the half on tsl..I use only 1 setup BOF in those trades

1) BO failure on BRN ..plus a nice hammer with beautiful long tail...long entry on high of hammer..but it should have on opening of bull candle..but I need just more confirmation..& bull candle gave that confidence ..
2 )BO failure of again a BRN 2000..plus its also a BOF of initial range..so exit my longs on next bear candle close..
but didnt enter shorts as waiting some more confirmation...so enter on break of doji ..
3) make low of 1960.75...make another low at 1960...but no follow up of down move...its a kind of swing failure..(which I have learnt from albrooks....)..plus i have smelled some trap..next high close bull candle confirm my doubt..exit from short...
but didnt enter long instantly..wait to break high of pivot..on break of pivot..enter long..
4)for me the break of 1977 will give a good rally..but I was also conscius that if it fails..it gives a good short..as its a major pivot to break to change the overall trend for sbi for day...it breaks goes till 1983..but again no follow up of bull move..I wait..as no sign of strong bear also..but when it fails to sustain 1777 ..& then it again tried to break 2 time ..at point 4 it again tried went till ....1981.75..but again fail...couldnt touch last high 1984...if market tries to do something twice & fail..it does opposite(again albrooks knowledge) ..so its again a swing failure..pivot high failure..in classical terms,its a kind of double top ..exit my longs asap...
but enter on short at break of minor pivot low....

so overall good trading method wise...but I was observing my emotions & wrote it down...it shows their effect if profit takeing...i exited 1 share comfortably (equilent to 1 lot,according to me,I tried to fool my mind..that play it as its real 2 lot) at 8 point profit gain ..but my mind starts playing game when 2 lot was also in good profit...it tempted me to take some good 15-20 point profit & exit...I tempted to take profit..as I always used to do) (as tsl is away sometimes 10-15 points away.. so 1250-1875rs /lot )...now i knew my psychological problem...but i control my urge..but telling u frankly..its was just 1 share..but if i had bought 1 lot,i would have exited before tsl ...but just 1 share save me...
but I am trying to trade those 2 quantity of shares as I am trading 2 lot..mind plays its game...but usko samjhao ki yeh 2 lot hai...par not easy to make it fool...i hope after monthes of this kind of trading will give confidence & that mind set up..

Thanks for your time to listen my blabbering...i am in habit of writing in detail when I Have to say something or rather i have something to say..
thanks