Day Trading Stocks & Futures

[travi]

Earlier I would use option chain for confirmational bias.Meaning I would buy option based on underlying direction and when I am caught on the wrongside I would look Max Pain to confirm that my position is fine.silly days.

TR bhai has found some secret sauce in stocks OTMs, now enough surgical strikes on index, its time to strike stocks

 

[primitivetrader]

8460-8480 good intra zone to short bajajfinserv

 

[Smart_trade]

We all are matured traders and we know what to do in the markets. When some one is trading/investing with his conviction we must believe that he knows what he is doing and not to say that what I am doing is the best way of making money in the markets.....trader should never have that thought ,there are may be 1000 ways of making money and insisting that my way is the ONLY right way is incorrect.

Smart_trade

 

[XRAY27]

What a move in BNF..slippage .....done for the day...

 

[mohan.sic]

Any news on auto sector ?..is it good to hold m&m or exit yesterday buy...

 

[travi]

8460-8480 good intra zone to short bajajfinserv

from my personal exp, when intra is in line with daily and you are shorting at 2pm, its either for peanuts or slaughter. Post 2:30 the weaker side starts giving in first and its mostly those on the opposite of the line, ie. shorts here.

i thought i will write as soon as i read ur post, rather waiting for it to happen and then comment. Anyway, as said, most of the time thats what happens IMO.

Edit: I factored opposite move for expiry on monday, that is selling on wed or thu. Yest most of the pain was absorbed, but no one can predict the last hour of a monthly expiry thursday.

 

[primitivetrader]

8460-8480 good intra zone to short bajajfinserv

1:1 done trade in break even now no probs

 

[primitivetrader]

8460-8480 good intra zone to short bajajfinserv

1:3 done out of trade an excellent short trade

 

[primitivetrader]

from my personal exp, when intra is in line with daily and you are shorting at 2pm, its either for peanuts or slaughter. Post 2:30 the weaker side starts giving in first and its mostly those on the opposite of the line, ie. shorts here.

i thought i will write as soon as i read ur post, rather waiting for it to happen and then comment. Anyway, as said, most of the time thats what happens IMO.

Edit: I factored opposite move for expiry on monday, that is selling on wed or thu. Yest most of the pain was absorbed, but no one can predict the last hour of a monthly expiry thursday.

thanks for your inputs. for me till 2:45 i take trades if its there for me as per set up and my plan. there is a possibility that i have to scratch the trade @ 3:15 due to time limit. 1:2 or 1:3 is the most i normally try to achieve for intra

 

[travi]

thanks for your inputs. for me till 2:45 i take trades if its there for me as per set up and my plan. there is a possibility that i have to scratch the trade @ 3:15 due to time limit. 1:2 or 1:3 is the most i normally try to achieve for intra

what price is that spot or which month Fut ? bcos if see chart its sort of what i was telling you. 1:3 short trade is what, 10-20pts in an 8k scrip ?