General Trading Chat

[timepass]

Some views from the Reserve Bank.

Raghuram Rajan says Rupee needs some more depreciation

maybe it's bad news for the Banknifty.

 

[Smart_trade]

ST Da

This query got burried - any viewpoints

The more I run an excel modelling - the more I get to ask this question on what if I'm successful - what's the strategy to manage large capital

How do best of best do - whats the approx max trading capital deployed without moving the market

With a consitent system, it is possible to make anywhere ranging from 5 to 10% (theoritical) on monthly basis (Guy's don't bash me on this - i already sair theorical)

The moment you move to higher capital base - how does one manage it - does one exit trading and draw boundry on trading capital and become multibagger investor

It is difficult to get the same % returns on larger capital as we would get on smaller capital.As the capital increases, we have to diversify into various methods,stocks,timeframes to reduce risk by such diversification.

As the capital increases still further one has to diversify into day trading,swing trading,long term investments,fixed income securities,mutual funds,real estate etc.We need to create multiple sources of business income so that our returns are maintained.

One can make 10% per month on small capital upto say Rs 5-10 Lakhs but making 10 % per month on a 5 cr capital is not easy as some of the investments
may make 1 or 2 % p.m. And such investments are necessary,as we go up in capital.

The exact cut off limits for various types of trading and asset classes depend on every individual. But in trading we take risks and once we accumulate capital we would not like to take same risk on all our capital so we keep some capital for steady income generation.

Smart_trade

 

[Smart_trade]

Fundootrader Bhai raat ko 2.30 baje aap traderji pe ho...US me normal hai....

Excel sheet projection of future wealth is keeping him awake.....It is good that someone is seriously thinking about wealth creation.

Smart_trade

 

[Singhraja]

St sir order flow.analysis par bhi kuch boliyee

 

[Smart_trade]

St sir order flow.analysis par bhi kuch boliyee

I do not know much about it myself.

ST

 

[vivektrader]

I do not know much about it myself.

ST

Sir, sab ko kaam pe laga ke aap gaayab ho gaye

 

[Smart_trade]

Sir, sab ko kaam pe laga ke aap gaayab ho gaye

I am still interested to lean but then Ninja trader,data source etc look not very easy to download.Also not sure how much it will help in the kind of trading I do....so let others gain some confidence/competence. For scalping it is definately useful.

ST

 

[copypasteaee]

. i write nifty option pairs, this is where my major energy gets utilized. (No pair writing on sandbox account as it has limited margin. Started this FY with 100k Rs in this account and its alreading sitting on 133k profit


Query for copypastee - Sir can you throw some light on this topic

two ways:

1. Sell the pair which has least premium and keep on shifting to lowest value pair as and when day/ month progresses. Say you got 400 points by selling a straddle. your profit will be 400*75 - (brokerage + slippages) for complete month.
2. keep on selling least value straddle without covering previous one. requires big amount of margin for doing it.

 

[ksesha]

Will you please let me know if there is a way to automate trades at a given time?

Means certain times while I am away from the system but still want to trade hoping big movements.

In other words ability to place Buy/Sell orders at market price only at say 10:30 AM or 3:20 PM.

Appreciate all the help in advance.

 

[vijkris]

Will you please let me know if there is a way to automate trades at a given time?

Means certain times while I am away from the system but still want to trade hoping big movements.

In other words ability to place Buy/Sell orders at market price only at say 10:30 AM or 3:20 PM.

Appreciate all the help in advance.

As far as I know,retail traders have to sit in front of terminal, as 100% autotrade is not permitted by sebi.
u need someone to click "submit" button.
Maybe someone might have found a way to circumvent this.
Or u can apply for dealer terminal by submitting relevant NISM certificates.
then fully autotrade will be possible.