Day Trading Stocks & Futures

[amitrandive]

re: Day trading Nifty & Banknifty Futures

But dear Amitrandive did not talk about such a short straddle in his post which you answered with your post. Never mind as even a draw is fine in case this was a gloves fight. :lol:

Dear Dan

From the image I posted , you can pretty well imagine I would have taken a long straddle.
That was me lying on the ground.
:lol::lol::lol:

 

[Somatung]

re: Day trading Nifty & Banknifty Futures

Dear Dan

From the image I posted , you can pretty well imagine I would have taken a long straddle.
That was me lying on the ground.
:lol::lol::lol:

Ok, what ever. Any long straddle here? and now lets move to the next topic

 

[humble]

re: Day trading Nifty & Banknifty Futures

Dear Smart_trade

My post was meant to say: It is possible to make money even on such days with out being short in options, what ever market is traded. If you have all the data only from the 7600 July call from today, kindly compare the opening value, the value when market touched the support line, the value when market touched the resistance level and that already is enough to see that even buyers have the chance to make money with options in your market in todays moves only on the call side. And yes, they have to act like the future traders have to act as you did act today in your trading. Take care

Hi Dan/ST Da/And Others,

I have a very basic question on Entries. For example today, NF went down from 7600 to the support level 7485. When we were at the lows, the trend appeared to be strong for going further down. Even though at support, considering the strong intention to do down, "How does one, initiate a Buy" or in general "What parameters to be considered when initiating a Buy at support and Short at Resistance".

Disclaimer: This is a question posted only for learning purpose, no other intentions, I would be happy even with pointers to start with.

Regards,

 

[Smart_trade]

re: Day trading Nifty & Banknifty Futures

considering the premiums and drop in IVs option buyers are not likely to make any money unless the market (Nifty) moves over 300 points in their favour. Here I am considering ATM Straddle buyer to make money .

Any move less than that ...option seller wins.

Smart_trade

But dear Amitrandive did not talk about such a short straddle in his post which you answered with your post. Never mind as even a draw is fine in case this was a gloves fight. :lol:

Dear Dan

From the image I posted , you can pretty well imagine I would have taken a long straddle.
That was me lying on the ground.
:lol::lol::lol:

I can read Indian traders mind very well.... I knew he lost money in straddle bought before the budget.

Never mind....closing the discussions on this from my side...

ST

 

[Somatung]

re: Day trading Nifty & Banknifty Futures

I can read Indian traders mind very well.... I knew he lost money in straddle bought before the budget.

Never mind....closing the discussions on this from my side...

ST

Always a pleasure to have a chat with you, as I know your quality as a trader. By the way: What is your team to win this 2014 SWC? Did you already vote here as this is the last chance to do so before it happen: http://www.traderji.com/general-chit-chat/94309-soccer-world-cup-2014-a.html#post975265

 

[amitrandive]

re: Day trading Nifty & Banknifty Futures

Hi Dan/ST Da/And Others,

I have a very basic question on Entries. For example today, NF went down from 7600 to the support level 7485. When we were at the lows, the trend appeared to be strong for going further down. Even though at support, considering the strong intention to do down, "How does one, initiate a Buy" or in general "What parameters to be considered when initiating a Buy at support and Short at Resistance".

Disclaimer: This is a question posted only for learning purpose, no other intentions, I would be happy even with pointers to start with.

Regards,

Humble

My view in hindsight , should have had made money in 7600 CE today also.But chose to be a passive trader than an active trader.


Please observe the double tops and double bottoms near support and resistance.

Nifty 7600CE 5 min Chart.

 

[Smart_trade]

re: Day trading Nifty & Banknifty Futures

Hi Dan/ST Da/And Others,

I have a very basic question on Entries. For example today, NF went down from 7600 to the support level 7485. When we were at the lows, the trend appeared to be strong for going further down. Even though at support, considering the strong intention to do down, "How does one, initiate a Buy" or in general "What parameters to be considered when initiating a Buy at support and Short at Resistance".

Disclaimer: This is a question posted only for learning purpose, no other intentions, I would be happy even with pointers to start with.

Regards,

As traders we react to the market...we dont have any fixed notion particularly in daytrading.

You must have some competent system which will tell you when the market changes direction and then you go and trade in that direction. And it need not be a very complicated system...the chart posted below has 1st pane displaying simle 315 system...so short below the red and long above the green bars....it could be a pivot below 21 MA...any such system. It is the risk control which along with the entry will make money.

This is posted just for illustration...I dont trade this method.

Smart_trade

 

[Somatung]

re: Day trading Nifty & Banknifty Futures

As traders we react to the market...we dont have any fixed notion particularly in daytrading.

You must have some competent system which will tell you when the market changes direction and then you go and trade in that direction. And it need not be a very complicated system...the chart posted below has 1st pane displaying simle 315 system...so short below the red and long above the green bars....it could be a pivot below 21 MA...any such system. It is the risk control which along with the entry will make money.

This is posted just for illustration...I dont trade this method.

Smart_trade

And what do you trade with your inner love of any heart beat?

 

[Smart_trade]

re: Day trading Nifty & Banknifty Futures

And what do you trade?

Saat mulkhon ke jassoos hamare peechhe lage huve hain.....ha ha ha...

( a dialogue from famous Hindi film...translated as : Detectives from 7 countries are trying their best to find that out) ha ha ha....

Just joking ...I trade something similar..simple and effective...but will be pretty lengthy to understand and explain here...

ST

 

[Amar_Candlestick]

re: Day trading Nifty & Banknifty Futures

ST Sir Start Karo Mahabharat Hum Ready Hai