General Trading Chat

[Dax Devil]

Bcs they're trading

Very difficult to trade this sh** right now. Algo is busy eating premium.

 

[XRAY27]

Xray bro, having never traded options, I have a basic question. What is the benefit of trading options vs futures today for example. Why did you choose to trade options instead of nifty futures today. Is it cos you could trade more qty in options for the same marginn and risk less or is there any other reason..

sorry if question is too silly

No it is not a silly question.

It is a misconception that More qty of options for the same margin and risk is less.
People loose money trading options with this notion that options are cheap and can be traded with less capital violating MM.

For a capital of 1 lakh - 1% Risk per Trade = 1000 rs/25 = 40 points.
If stop is 20 points 40/20 = 2 lots of Nifty Futures can be traded with 1 Lakh.

Like wise quantity of options trade size to be determined based on the capital and risk % ,stop loss and delta.

Assuming theoretical delta of 0.5.Stop loss of 10 points in Options one can take max 4 lots with the same 1 lakh capital.

But trading options provide savings in terms of Transaction costs.
i.e just 1/10th of transaction costs of trading Nifty futures.
Hence lot of savings here.

Thanks Jagan for detailed explanation...Wisp Bro i trade nifty option on last of week of expiry ..

 

[nifty trade]

Very difficult to trade this sh** right now. Algo is busy eating premium.

after my 10 day break in trading i couldnt start trading for 2 days , today including .

mind is not yet set for trades in this so volatile moving market , although opportunities are so good , but my confidence is lost for now , just watched live screen for 2 days

 

[Smart_trade]

News coming in just now : China has cut interest rates by
0.25 % and CRR by 0.50 %.

Dont know how this move will impact in longer term but in short term it will definately have positive effect on the world markets.

Smart_trade

 

[timepass]

News coming in just now : China has cut interest rates by 0.
25 % and CRR by 0.5 %.

Dont know how this move will impact in longer term but in short term it will definately have positive effect on the world markets.

Smart_trade

and our own banknifty too, I guess - in anticipation of the RBI following this move.

 

[Smart_trade]

after my 10 day break in trading i couldnt start trading for 2 days , today including .

mind is not yet set for trades in this so volatile moving market , although opportunities are so good , but my confidence is lost for now , just watched live screen for 2 days

How was your Vipasshyana session ?

Smart_trade

 

[Smart_trade]

Could buy Maruti Suzuki at the low price today....at EOD it was 120 points up....

ST

 

[nifty trade]

How was your Vipasshyana session ?

Smart_trade

Posted on vipassana thread.

Here it is

Ok here are my thoughts about vipassana meditation, i am not a very good writer so my review will be brief.

This is the best possible meditation technique I believe, however it's not an easy path to do when you go to the vipassana camp, most people in camp went with false notion and hence did not benefit from the course.......... But this is a very very scientific approach course towards mind and body and yes it works.

Gautam Buddha was a great scientist in my view who had discovered about the nature of the body and mind 2600 years ago.

If you are prepared to follow rigid rules in course for 10 days which are only a small fees for the peace of mind for rest of your life through continuous practice of 2 hours daily later on, I believe it's a wonderful technique.

Just like you eat food everyday, do this technique for everyday for the rest of your life and you can be free from lots of suffering.

Read 1st post and ask any questions about the experience, will try to answer.

The technique is so practical and scientific in nature that it's amazing

 

[SwagatN]

Hello All, Does anyone know any good books/website/article/thread or reference to study chart interpretation from candle by candle analysis.. Need to learn the language of market.. Plz,, Thanks

 

[tvtaddy]

Hello All, Does anyone know any good books/website/article/thread or reference to study chart interpretation from candle by candle analysis.. Need to learn the language of market.. Plz,, Thanks

Just go to youtube and search about it. You will find there.