Day Trading Stocks & Futures

re: Day trading Nifty & Banknifty Futures

Well nice to hear that you learned from my thread. That was the purpose of it that others can pick up some stuff of it. Thank you to appreciate and mention that thread. THANK YOU

Dan, I think , With options we can control most of the trades even if trades goes wrong or against us and can make it profitable , if not profitable , at least we can bring into negligible loss. With options Almost control and steering is in our hand if we control and manage properly. Vast experience is needed for driving options :rofl::lol:.
In trading we have to exit with loss sometimes. There is no guarantee .

But in options there is almost some guarantee of profit if we manage propery.
In options we can do many twists, shifts , wonders , repairs etc.This is my belief
 
re: Day trading Nifty & Banknifty Futures

Dan, One good news. Today my broker has excluded me from exposure margin after verifying my trade. I argued that I always do put ratio backspread to proftect from downside os there is not risk for the broker I.e

Now I need around 35 to 40 % less margin
 
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DanPickUp

Well-Known Member
re: Day trading Nifty & Banknifty Futures

Dan, I think , With options we can control most of the trades even if trades goes wrong or against us and can make it profitable , if not profitable , at least we can bring into negligible loss. With options Almost control and steering is in our hand if we control and manage properly. Vast experience is needed for driving options :rofl::lol:.
In trading we have to exit with loss sometimes. There is no guarantee .

But in options there is almost some guarantee of profit if we manage propery.
In options we can do many twists, shifts , wonders , repairs etc.This is my belief
Yes, with options we can do incredible strategies. Have shown some stuff here but by far not every thing. It would go far behind the scope of what is makable/realistic at the moment in India. But that is not the case. The case is to keep it on a level each individual option trader understand it for him self. If we know more, we can test more advanced strategies and tools and other wise we trade what we understand. Even in option trading: KISS is what has to be done. As you went into selling options, you may are interested in the thread from Pannalal. Made recently some post there which may interest you. http://www.traderji.com/options/906...-strategy-advanced-traders-14.html#post917738 :)
 
re: Day trading Nifty & Banknifty Futures

Yes, with options we can do incredible strategies. Have shown some stuff here but by far not every thing. It would go far behind the scope of what is makable/realistic at the moment in India. But that is not the case. The case is to keep it on a level each individual option trader understand it for him self. If we know more, we can test more advanced strategies and tools and other wise we trade what we understand. Even in option trading: KISS is what has to be done. As you went into selling options, you may are interested in the thread from Pannalal. Made recently some post there which may interest you. http://www.traderji.com/options/906...-strategy-advanced-traders-14.html#post917738 :)
Dan, There are many strategies including locking profit . It is better than trailing stop loss. In trailing stop , we have already exited even if market reverses after hitting trailing stop. but in options it is good for us if market goes against us and reverses. but in trailing stop , postion already exited. Option still holding postion What is your opinion
 
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DanPickUp

Well-Known Member
re: Day trading Nifty & Banknifty Futures

Dan, There are many strategies including locking profit . It is better than trailing stop loss. What is your opinion
No best or worst and no wrong or right. It is all individual choice and preferences. It is all about "Trading in your comfort zone" and what ever fits each individual trader in that zone, that is the thing those trader has to do. As you shifted to what you do now, you shifted in your comfort zone. :clapping: Dear, friend, we talk here a lot about option in a Nifty future thread. Let the topic get back to Nifty future and let the future traders get back into play here. See you around and take care / DanPickUp :)
 

Tlahuicole

Well-Known Member
re: Day trading Nifty & Banknifty Futures

The main issue in day trading is the lower the time frame more the whipsaw will be in sideways period.

If you can adapt accordingly day trading pays you well, my aim is to trade thats it day or swing any short term trading is okay for me, but a mix of swing and day trading has helped me stay in the game much longer than I has expected.

Currently I reduced my swing trading to concentrate more on day trading as swing trading I trade on 30 min charts and day trading 5 min charts, poor minds like mine are not suitable for watching multiple scrips in multiple timeframes. So I do day trading only in BNF and swing trading in DLF, Relcapital, Tatasteel and LT.

Before I used to swing trade in BNF and day trade simultaneously but since this can only be done by pros I stopped doing that :p as swing bias was affecting day trading decisions :D
 
re: Day trading Nifty & Banknifty Futures

No best or worst and no wrong or right. It is all individual choice and preferences. It is all about "Trading in your comfort zone" and what ever fits each individual trader in that zone, that is the thing those trader has to do. As you shifted to what you do now, you shifted in your comfort zone. :clapping: Dear, friend, we talk here a lot about option in a Nifty future thread. Let the topic get back to Nifty future and let the future traders get back into play here. See you around and take care / DanPickUp :)
Ok dan, good nite for me, I guess good morning for you :thumb:
 
re: Day trading Nifty & Banknifty Futures

The main issue in day trading is the lower the time frame more the whipsaw will be in sideways period.

If you can adapt accordingly day trading pays you well, my aim is to trade thats it day or swing any short term trading is okay for me, but a mix of swing and day trading has helped me stay in the game much longer than I has expected.

Currently I reduced my swing trading to concentrate more on day trading as swing trading I trade on 30 min charts and day trading 5 min charts, poor minds like mine are not suitable for watching multiple scrips in multiple timeframes. So I do day trading only in BNF and swing trading in DLF, Relcapital, Tatasteel and LT.

Before I used to swing trade in BNF and day trade simultaneously but since this can only be done by pros I stopped doing that :p as swing bias was affecting day trading decisions :D
I trade only in BNF and NF :thumb: Baki sab humko suit naihi hotey
 

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