General Trading Chat

[XRAY27]

Since market is not expecting a rate cut, I guess surprise is only a cut and the following upside. In case of no cut, do you expect a major down-move?

I don't expect any thing on any day as i'm reaction fellow .only thing is, there will be huge candle @ 11 clock...so waiting for that time ..if there is a setup i will trade after 11 clock ,otherwise NTD...

 

[amitrandive]

Results in Feb

 

[arsh22g]

I don't expect any thing on any day as i'm reaction fellow .only thing is, there will be huge candle @ 11 clock...so waiting for that time ..if there is a setup i will trade after 11 clock ,otherwise NTD...

That's great..but one curious query (since you are an 'old-timer' ), if we are expecting a sudden move (say 100 points in NF), is it wise to put SLM orders (both long and short) at a width of say 30 points from the current price?

It's like buying a straddle, but committing only after the move happens. I haven't done this, but I have no clue about the slippage that might happen when such a fast move happens.

 

[XRAY27]

That's great..but one curious query (since you are an 'old-timer' ), if we are expecting a sudden move (say 100 points in NF), is it wise to put SLM orders (both long and short) at a width of say 30 points from the current price?

It's like buying a straddle, but committing only after the move happens. I haven't done this, but I have no clue about the slippage that might happen when such a fast move happens.

This is not trading,but adventure don't do it because it kills...

 

[amitrandive]

That's great..but one curious query (since you are an 'old-timer' ), if we are expecting a sudden move (say 100 points in NF), is it wise to put SLM orders (both long and short) at a width of say 30 points from the current price?

It's like buying a straddle, but committing only after the move happens. I haven't done this, but I have no clue about the slippage that might happen when such a fast move happens.

Hope you don't mind the humor:lol:

 

[arsh22g]

Hope you don't mind the humor:lol:

Arey chill

Anyway, my main query was from slippage perspective. But just how much slippage can be there in NF if one has to do such a thing?

 

[amitrandive]

Arey chill

Anyway, my main query was from slippage perspective. But just how much slippage can be there in NF if one has to do such a thing?

The reason I have posted this is that , I myself have lost a great deal of money in taking such bets.

So just trying to warn you,is it not better to wait for a clear trend and then trade?

 

[arsh22g]

The reason I have posted this is that , I myself have lost a great deal of money in taking such bets.

So just trying to warn you,is it not better to wait for a clear trend and then trade?

Point taken :clap:

Meanwhile, Adani Ports is cracking a bit....have a look at the chart, since NF is doing nothing, so trying to make some bucks in stocks

 

[cinderblock]

Arey chill

Anyway, my main query was from slippage perspective. But just how much slippage can be there in NF if one has to do such a thing?

5-15 most likely.

Unlikely to be >20 even if there's a 25 bps hike or a 25 bps cut.

 

[Smart_trade]

The moves on such news event days are volatile and it is very difficult to catch volatility in which markets may swing both ways....

Today I dont expect any big move either side.So buying a straddle may not be a good idea as premiums will drop after the announcement.

Smart_trade