Day Trading Stocks & Futures

[Raj232]

Nice .... memorable day today ... However, now I fear if tomorrow would be a DULL EXPIRY ...

Not sure how they will maintain positions, but yes, tomorrow chance of strong move is less.

 

[Shiv12345]

Dec 25700 PE went from 75 to 225 in less than 1 evening

Eventually, it made a high of 254 approx ... It just kept on touching sky ... as if there's no tomorrow ... Unbelievable stuff !!! ... Adbhut Avishvasniya .... Kalpanaa ke parre ... Bank Nifty ... ha ha

 

[Raj232]

Eventually, it made a high of 254 approx ... It just kept on touching sky ... as if there's no tomorrow ... Unbelievable stuff !!! ... Adbhut Avishvasniya .... Kalpanaa ke parre ... Bank Nifty ... ha ha

Yes, if one is on the right side of the trades, then becoming crorepati is not difficult at all.
But if wrong.. then roadpati.. but go with the trend.. trend is your friend

 

[Shiv12345]

Yes, if one is on the right side of the trades, then becoming crorepati is not difficult at all.
But if wrong.. then roadpati.. but go with the trend.. trend is your friend

Correct ... So far, the best ever real life example I know as per the best of my knowledge is when my first ever broker agent from Indiabulls securities (bekaar service) informed me that he once managed derivative trades for one rich person living in the same city where I reside (New Delhi). He told me that the rich person once made 28 lakh rupees within 2 hours (post 1:30 PM within a single day). He only traded in Nifty futures & options. Needless to say, there was an obvious BREAKOUT in nifty that day of about 60 to 75 points during last two hours of trading. Also, the same person LOST Rs. 12 lakhs a week later within 3 hours on a single day.

I was a beginner couple of years ago (25 years of age at that time) when I came across this example, and trust me, when a naive trader gets to hear such la la land type of examples, then it has a definite impact on that new trader's mindset and psychology. At that time, I almost got carried away but my broker told me to stay humble and not to try something stupid (he was a sensible guy).

Now at the age of 27, when I do everything independently without any broker or any helper, I now realise how tough it is to make every single rupee from Nifty & Bank nifty. One should never get carried away with such examples. Everybody should keep their feet on ground. Living in La La Land doesn't always work. It's very tough to make money from market.

 

[Raj232]

He told me that the rich person once made 28 lakh rupees within 2 hours (post 1:30 PM within a single day). He only traded in Nifty futures & options.

Now at the age of 27, when I do everything independently without any broker or any helper, I now realise how tough it is to make every single rupee from Nifty & Bank nifty. One should never get carried away with such examples.

You are correct, but a simple discipline is to keep the big money invested in something else, e.g. If 25 lacs profit was made, then 5 L can be retained and 20 L can be used to pay home loan or invested in something else.

 

[Shiv12345]

You are correct, but a simple discipline is to keep the big money invested in something else, e.g. If 25 lacs profit was made, then 5 L can be retained and 20 L can be used to pay home loan or invested in something else.

Yaa ... but then again, people get even more greedy when their pockets become fat ... Most probably that particular person was even a bigger addict ... haha ... he had an addiction of taking over big sized trades ...

 

[sumantra]

re: Day trading Nifty & Banknifty Futures



yes sam.:thumb:

why stopping trading nifty options ?

 

[Raj232]

In Q4, SBI to raise Rs 8,000-cr capital via AT1 bonds
SBI's capital adequacy ratio (CAR) was 13.56 per cent at the end of September 2017, with common equity tier-I at 10.24 per cent and AT1 level of just 0.72 per cent

As per headlines in leading newspapers ... likely that SBI will be in limelight and have some effect in movement in BankNifty

This appears in today's newspaper (28-Dec-2017) as per outcome of SBI meeting held on 27-Dec-2017
Looks like this was already planned before yesterdays fall.. today, this might result in GAP up opening.

 

[TraderRavi]

why stopping trading nifty options ?

bro that was 4 year old post .

uske baad to kya kya ho gaya.

 

[Raj232]

With all news pointed to new ALL TIME HIGHS (ATH) world over, we might see strong upside in Indian Indices (Nifty, BankNifty, etc, etc) by Year end (29-Dec-2017).. and the headlines would read..
Emerging markets end year 2017 at All Time Highs, etc etc.