Day Trading Stocks & Futures

[Smart_trade]

re: Day trading Nifty & Banknifty Futures

Dear ST Da
thanks for your sharing & help us at every step of our trading journey..
as you mentioned market will be good for investors for long term horizon..whats ur views about..how market will be for swing trader( horizon for 1 day to 1 week) ..I mean from last year may2013..market gave good range & trending environment for swing traders ..will it be continue? Will those market will be good for swing traders & intraday tradrs also?
no body can give us better answer of this..as u have been in markets more than decades & u have seen all market cycles..so u can better guide us
Regards

In my view next 5 years will be a best period for swing traders and daytraders. We will get bouts of expansion and contraction of range but overall we will have a very good range to trade.

We will have good up as well as down moves to trade....

Smart_trade

 

[TradeJoker]

re: Day trading Nifty & Banknifty Futures

NF/BNF trend ↓↓

tgt > 7474/14999

y dis kolaveri

 

[TradeJoker]

re: Day trading Nifty & Banknifty Futures

@TPbhai

http://www.goldmansachs.com/gsam/in/advisors/products/exchange-traded-funds/equity/nifty-bees/corporate-action.html

 

[umesh12]

re: Day trading Nifty & Banknifty Futures

An email from Achiievers:

In order to strengthen orderly trading in Derivative segment, NSE has introduced
Reference Price and Execution Range. Any trade outside the Reference Price and
Execution Range would be automatically cancelled by NSE. This will significantly
impact your intraday trades in Derivative segment.

What is Reference Price?

The reference price for each contract shall be the theoretical price [...]

You may view the latest post at
http://www.achiieversequitiesltdblog.com/?p=748

 

[Smart_trade]

re: Day trading Nifty & Banknifty Futures

@TPbhai

http://www.goldmansachs.com/gsam/in/advisors/products/exchange-traded-funds/equity/nifty-bees/corporate-action.html

It is giving about 10% dividend in March every year...nice...

ST

 

[amitrandive]

re: Day trading Nifty & Banknifty Futures

An email from Achiievers:

In order to strengthen orderly trading in Derivative segment, NSE has introduced
Reference Price and Execution Range. Any trade outside the Reference Price and
Execution Range would be automatically cancelled by NSE. This will significantly
impact your intraday trades in Derivative segment.

What is Reference Price?

The reference price for each contract shall be the theoretical price [...]

You may view the latest post at
http://www.achiieversequitiesltdblog.com/?p=748

Does this apply to Algo's and FII's ,with unknown spikes much above and below the range ?

Or it applies only to retail traders?

 

[timepass]

re: Day trading Nifty & Banknifty Futures

Looks like a bearish divergence in BNF 5 min, but stochs still above 80 and 5 bars overbought.

 

[sudoku1]

re: Day trading Nifty & Banknifty Futures

y dis kolaveri

Mkt struggling @ overhead resistance n small n midcaps lacking participation.. low breath

 

[umesh12]

re: Day trading Nifty & Banknifty Futures

Does this apply to Algo's and FII's ,with unknown spikes much above and below the range ?

Or it applies only to retail traders?

Do not know about it
You have to send a post to achii in this regard

 

[humble]

re: Day trading Nifty & Banknifty Futures

..I am a very risk averse trader and I play great defence....so market gives me what I want...I will NEVER have 60% and 100% or 300 % returns in a month...but I will have 8-15 % every month...month after month....and never have a loosing week, loosing month....though I have very few loosing days in a month...

Smart_trade

ST Da/Dan/Seniors,

Please answer whenever you have time.

1. If you also daytrade, how do you filter trades that you need to enter and leave out? The reason I ask this question is, if one trades on 3/5 mins tf, there will invariably be a lot of entries. And when you say defensive, I assume you will have tight stops.

2. I see sometimes trailing stops is better and sometimes having targets is better, how do we find a balance or stick to one or use appropriate one's at specific time?

3. Did you ever go through a phase like this? I am clear that everytrader is different and each will have to find their own answer, else market could not exist.