General Trading Chat

[iwillwin]

Also near 7470

 

[iwillwin]

7470...level same phenomena

 

[vikas2131]

market is tanking once again..totally directionless...one day up..one day down...

 

[pratapvb]

market is tanking once again..totally directionless...one day up..one day down...

Expected to be so upto 9-11th with some downward bias (that is rallies not sustained) But may get dt again after that for a few days

 

[Fundootrader]

ST da

What instruments do traders with medium to large capital - take two categories - 30L capital and second 70L capital - trade.

Such traders - do they trade intraday primarily or swing - or what would be ratio : 30:70 intra:swing which these large traders would trade.

I do understand that traders do diversify to other investment avenues - like real estate/mutual fund etc or invest in multibaggers.

But what's of interest is post what point of capital does it becomes difficult to manage day/swing trading

 

[Fundootrader]

Expected to be so upto 9-11th with some downward bias (that is rallies not sustained) But may get dt again after that for a few days

Any specific event on or near that date 9-11th ?

 

[TraderRavi]

ST da

What instruments do traders with medium to large capital - take two categories - 30L capital and second 70L capital - trade.

Such traders - do they trade intraday primarily or swing - or what would be ratio : 30:70 intra:swing which these large traders would trade.

I do understand that traders do diversify to other investment avenues - like real estate/mutual fund etc or invest in multibaggers.

But what's of interest is post what point of capital does it becomes difficult to manage day/swing trading

this question directed to sexytrader

 

[arsh22g]

ST da

What instruments do traders with medium to large capital - take two categories - 30L capital and second 70L capital - trade.

Such traders - do they trade intraday primarily or swing - or what would be ratio : 30:70 intra:swing which these large traders would trade.

I do understand that traders do diversify to other investment avenues - like real estate/mutual fund etc or invest in multibaggers.

But what's of interest is post what point of capital does it becomes difficult to manage day/swing trading

Though directed to ST Sir, will just add some nibbles of info that I have.

On an interview, Anton Kreil said he allocated 60% to equities, 25% forex, 10% commodities and 5% for intraday opportunities. Also, some big retail traders trade just FX due to 24 hour trading and high liquidity. One of my known persons (prof) trades ~$20 mn globally on Indices (including SGX Nifty), Commodities and Forex, I have seen him do 2 hour trades (taken and covered during the classroom session) to 2 month trades without any specific plan on how much to allocate where, just looking at the opportunity and exploiting it. Summarily, I think it will become difficult to focus on just one instrument, one strategy and one geography/market if you are planning to set-up a hedge fund or trade ~50 L - 1 cr as retail trader.

In fact, I asked a similarly intended question just yesterday, but in terms of the max # of NF shares seniors have seen as being traded by Indian retail traders.

 

[Fundootrader]

Though directed to ST Sir, will just add some nibbles of info that I have.

On an interview, Anton Kreil said he allocated 60% to equities, 25% forex, 10% commodities and 5% for intraday opportunities. Also, some big retail traders trade just FX due to 24 hour trading and high liquidity. One of my known persons (prof) trades ~$20 mn globally on Indices (including SGX Nifty), Commodities and Forex, I have seen him do 2 hour trades (taken and covered during the classroom session) to 2 month trades without any specific plan on how much to allocate where, just looking at the opportunity and exploiting it. Summarily, I think it will become difficult to focus on just one instrument, one strategy and one geography/market if you are planning to set-up a hedge fund or trade ~50 L - 1 cr as retail trader.

In fact, I asked a similarly intended question just yesterday, but in terms of the max # of NF shares seniors have seen as being traded by Indian retail traders.

Thanks for insights. Yes it is one of important points to consider if you plan to consider trading as profession - with vision that you can grow to those levels.

Why I asked this question is the knowledge required to manage large capital may be different - like you said diversify in multiple instruments - and the first example where only 5% capital is for intraday.

More I think about it, more I come to conclusion is that it's not just mastering day trading - holy grail lies by thinking big and working backwards and then you will realize that day trading is just one part

 

[arsh22g]

Thanks for insights. Yes it is one of important points to consider if you plan to consider trading as profession - with vision that you can grow to those levels.

Why I asked this question is the knowledge required to manage large capital may be different - like you said diversify in multiple instruments - and the first example where only 5% capital is for intraday.

More I think about it, more I come to conclusion is that it's not just mastering day trading - holy grail lies by thinking big and working backwards and then you will realize that day trading is just one part

One more important info if you are thinking in terms of these levels, unfortunately Indian brokers/dealers have a bad reputation in international markets. Institutions are always scared of these players front running their trades. So, if trading big (not investing, where impact is relatively less), it's better to have a seat at the exchange rather than going through brokers.