Day Trading Stocks & Futures

mohan.sic

Well-Known Member
do you keep stop losses to avoid trauma from violent movements ? like if some announcement makes the bank index jump 200-300 points in either direction, youll have a large negative
I dint keep any sl as this is only 1 lot each side.
I entered when BN is appx -200 points 31400 spot level. and future spread is 85 points.

( 31400 pe & 31500 ce)
PE short at spot level and CE short at 1 strike higher.

If market moves up I am little safer( as strike shorted is already above 100 points to spot+ premium ce & pe )
Down side market not so safe ( as strike shorted is ATM spot. So only shorted premium is in hand )

But as BN is already 200 points down, I have taken it like this. Lets see what happens.
 

Raj232

Well-Known Member
I dint keep any sl as this is only 1 lot each side.
I entered when BN is appx -200 points 31400 spot level. and future spread is 85 points.

( 31400 pe & 31500 ce)
PE short at spot level and CE short at 1 strike higher.

If market moves up I am little safer( as strike shorted is already above 100 points to spot+ premium ce & pe )
Down side market not so safe ( as strike shorted is ATM spot. So only shorted premium is in hand )

But as BN is already 200 points down, I have taken it like this. Lets see what happens.
Downside is limited to 31300 max.. after that it can move up again :)
In fact , today it might just be within a small range
 

Similar threads