Day Trading Stocks & Futures

[Smart_trade]

re: Day trading Nifty & Banknifty Futures

Hi, Smart Trade.,

Still now i am trade with cash only...

I never trade with Futures & Options...

So, I first start with Futures...

What are the parameters to know?

Start with Nifty futures, they are less volatile than stock futures.

You must have a good charting software ( Amibroker or Metastock ) with intraday real time data. Decide on a good competent trading system . Be very disciplined about entry, exits, stoploss....and trade cautiously as futures and options can give big profits as well as big losses.

Best wishes for your futures trading.

Smart_trade

 

[amitrandive]

re: Day trading Nifty & Banknifty Futures

The difference is between the premiums of June and July contracts.

July contract is trading at a significant discount to spot price

Nirav Ji

Thanks for clarification.

So , if a person is short and wanted to carry from June to July contract yesterday , he would not be profiting by this down move seen in the chart,right ?

 

[shreeux]

re: Day trading Nifty & Banknifty Futures

Start with Nifty futures, they are less volatile than stock futures.

You must have a good charting software ( Amibroker or Metastock ) with intraday real time data. Decide on a good competent trading system . Be very disciplined about entry, exits, stoploss....and trade cautiously as futures and options can give big profits as well as big losses.

Best wishes for your futures trading.

Smart_trade

Thanks for quick reply,

I am doing futures only...currently i am trading in commodity

I am not fare with Technical analysis..Write now i am using GCI MT4 demo only.....

Why need real time data?

If iam go through positional trade what will happen? Before contract i switch over to next?

 

[nirav_j]

re: Day trading Nifty & Banknifty Futures

Nirav Ji

Thanks for clarification.

So , if a person is short and wanted to carry from June to July contract yesterday , he would not be profiting by this down move seen in the chart,right ?

Pls call me Nirav ... the "j" is just the initial of my last name

Last 15 days of June contract Daroo was either at parity or little discount, whereas same time for July contract, it had huge discount ....

so yea, maybe an arbitraging opportunity here and there, but no real Large profit in rolling over a short ...

 

[Smart_trade]

re: Day trading Nifty & Banknifty Futures

Thanks for quick reply,

I am doing futures only...currently i am trading in commodity

I am not fare with Technical analysis..Write now i am using GCI MT4 demo only.....

Why need real time data?

If iam go through positional trade what will happen? Before contract i switch over to next?

I am a charts trader, I am blind without charts...but if you can position trade without intraday charts....then good.

ST

 

[amitrandive]

re: Day trading Nifty & Banknifty Futures

Pls call me Nirav ... the "j" is just the initial of my last name

Last 15 days of June contract Daroo was either at parity or little discount, whereas same time for July contract, it had huge discount ....

so yea, maybe an arbitraging opportunity here and there, but no real Large profit in rolling over a short ...

So you mean , for profiting from arbitrage opportunity , we had to take position in July contract from say last 15 days ?

Please see attached Futures data and the highlighted area.

 

[nirav_j]

re: Day trading Nifty & Banknifty Futures

So you mean , for profiting from arbitrage opportunity , we had to take position in July contract from say last 15 days ?

Please see attached Futures data and the highlighted are..

depends on the difference in both contract premiums ...

I have never executed such trades, just roughly have an idea, that premium differences can be exploited ....

found this on google, Link

explains the concept pretty well .... :thumb:

 

[shreeux]

re: Day trading Nifty & Banknifty Futures

I am a charts trader, I am blind without charts...but if you can position trade without intraday charts....then good.

ST

Ok, thanks...

 

[amitrandive]

re: Day trading Nifty & Banknifty Futures

depends on the difference in both contract premiums ...

I have never executed such trades, just roughly have an idea, that premium differences can be exploited ....

found this on google, Link

explains the concept pretty well .... :thumb:

Nirav

Wow , this article is fantastic , need to understand how to apply this.Thanks for the link.
:clapping::clapping::clapping:

 

[TradeJoker]

re: Day trading Nifty & Banknifty Futures

dow cow falling , any news