Day Trading Stocks & Futures

[manishchan]

re: Day trading Nifty & Banknifty Futures

Out of topic and just in case if any of you have any trades going on at the Swiss Exchange, what I not think in any way: Tomorrow it will be closed as we have our Swiss National day: https://en.wikipedia.org/wiki/Swiss_National_Day If you never visited our country you will love this video: https://www.youtube.com/watch?v=h-T_9gM-Qu4

Switzerland is on "One of my must travel" list. Have flown over your country a few times but will definitely land there one day

Happy Swiss National Day Dan Enjoy the long weekend :thumb:

 

[niftydatamagic]

re: Day trading Nifty & Banknifty Futures

Got it in NOW...it happened at 9.20; wasn't a fluke either because it is a fat quantity (135 lots).

What could it mean ? ST and others tracking this scrip, please comment.

Hi Timepass Bro

How you get this Datatable in NOW, I searched for it but didnt get.
Please help
Thanks

 

[Somatung]

re: Day trading Nifty & Banknifty Futures

It is just based on trading range breakdown in such specific time frame. Thats all. Target and SL both will be tight say 5 to 8 points in NF.

Your choice, even I do not understand it for your market. Commissions you will face seems to be 2.5 Rs per lot and you want to trade with a target in two different derivatives at the same time of five to eight points and this in the same direction?? Kindly correct me about your broker commissions if I am wrong. I would understand it when you do it with one derivative, but why with two? Do you set different stop losses on each of them and if so, then even that will not guarantee you any success in your idea. Not to mention the margins you face with your short futures. I am really ready to be told about this.

 

[sudoku1]

re: Day trading Nifty & Banknifty Futures

EUROPEAN mkt r deep red..as wid DOW,very few instances where our mkt has kept pace EOD .Interesting EOD in NF 2morow if DOW cracks substancialy

 

[manishchan]

re: Day trading Nifty & Banknifty Futures

Hi Timepass Bro

How you get this Datatable in NOW, I searched for it but didnt get.
Please help
Thanks

Select the script and right click - then click on the last option - there you will see something called Data Table. It's the same location from where you see the chart in NOW.

 

[Somatung]

re: Day trading Nifty & Banknifty Futures

Happy Swiss Day

Didn't get what's in video

Ohh, that was the wrong link . I am absolute sorry about that. I am clear that you not could understand it, as this was a joke in Swiss language. Here is the real link I wanted to present: https://www.youtube.com/watch?v=Sfidg3430dc

 

[simplebuthard]

re: Day trading Nifty & Banknifty Futures

Your choice, even I do not understand it for your market. Commissions you will face seems to be 2.5 Rs per lot and you want to trade with a target in two different derivatives at the same time of five to eight points and this in the same direction?? Kindly correct me about your broker commissions if I am wrong. I would understand it when you do it with one derivative, but why with two? Do you set different stop losses on each of them and if so, then even that will not guarantee you any success in your idea. Not to mention the margins you face with your short futures. I am really ready to be told about this.

There can be many reasons for any strategy not to look like good one for each trader and not going with that strategy.

But all I want is a little profit each day. A break even of 2.5-3Rs per lot is enough for me to close the day with profits. As i am going to be only inside the trade for few minutes with the stop losses placed in the system, i am not worrying about any draw down and bad position size.

Trading range breakouts and break downs are good opportunities for scalpers because even before the breakout or breakdown failures they get out of the trade with profits.

 

[Somatung]

re: Day trading Nifty & Banknifty Futures

There can be many reasons for any strategy not to look like good one for each trader and not going with that strategy.

But all I want is a little profit each day. A break even of 2.5-3Rs per lot is enough for me to close the day with profits. As i am going to be only inside the trade for few minutes with the stop losses placed in the system, i am not worrying about any draw down and bad position size.

Trading range breakouts and break downs are good opportunities for scalpers because even before the breakout or breakdown failures they get out of the trade with profits.

Dear Simplebuthard

I understand and absolutely accept your above post. Still: Why do you want to scalp at the same time with the future and the option in the same direction? That is the point I am astonished about.

 

[simplebuthard]

re: Day trading Nifty & Banknifty Futures

Dear Simplebuthard

I understand and absolutely accept your above post. Still: Why do you want to scalp at the same time with the future and the option in the same direction? That is the point I am astonished about.

I allocated my capital into each area intraday, postitional and in intraday i allocated capital for NF, BNF, Stock Future, Nifty option and in the positional I allocated capital for NF, Stock Future. i am not comfortable stock options in intraday and nifty options in positional.

Each have different risk reward potential and i don't want to miss anything. But i have daily target and if this achieved even in one trade, i don't think of playing any other instrument rest of the day.

 

[simplebuthard]

re: Day trading Nifty & Banknifty Futures

In normal jobs, people seems not liking daily wage jobs. But in trading, people seems run behind it and seems to pride for it.:thumb: