Going with the Intraday Mini-Flow!!

[rh6996]

Saint, If time permits, please post the trades for first 5/6 days of trades in any months begining!!! May be September.... there are all kinds of trades in the first 5/6 trading sessions of Sep. derivatives!!!!

 

[vpsarathy]

I would like to know what brokerage one should pay for futures. I am using sharekhan and have done a lot trade with them in the cash market. What rate should I be demanding?

vps

 

[vpsarathy]

depends upon your volume .03 paisa (one way) and lower should be fine

Sharekhan quoted --

For F&O trades :-
0.1% on the first leg
Nil on the second leg if squared off on the same day and 0.1% if
squared off on any other day.

This means for 1 lot of nifty costing about 2.2 lacs one pays Rs 220 per transaction of buy or sell. Do I understand correctly. I have asked for a better deal at.05%. Lets see what happens.

Thanks for your response

vps

 

[tanewbie]

I would like to know what brokerage one should pay for futures. I am using sharekhan and have done a lot trade with them in the cash market. What rate should I be demanding?

vps

Bargain hard with these sharekahn guys.
I pay 0.02% both ways if overnite position is taken,
Intraday only 1 way 0.02%
options 60 rs /lot one way for intraday.

 

[vpsarathy]

Bargain hard with these sharekahn guys.
I pay 0.02% both ways if overnite position is taken,
Intraday only 1 way 0.02%
options 60 rs /lot one way for intraday.

tanewbie,

Thanks for your quick reply.

Intraday only 1 way 0.02%-- You mean it is charged only for buying and zero brokerage for selling.

Overnite - .02% for both buy and sell.

Do I understand correctly?

vps

 

[tanewbie]

yes VPS. you understood it correctly

 

[yashodhan]

As indicated above,shorted 4 lots a 4254.Covered and went long at 4256............-0.4k

Long 6 lots at 4256,exitted all at 4230........-7.8k.

Net Profit/Loss=-8.2 k

Capital for tomorrow that we base our math upon=12.12-0.08L=12.04L

Brief analysis:

TRADE 1osition sized accordingly,Stops adhered to,Good Entry and Exit......GOOD TRADE.

TRADE 2osition Size,Entry,Exit,Stops all to Plan......GOOD TRADE.

Saint

Saint,

I did not understand one thing. How is S/L of 4230 arrived at?

We went long at 1500 hrs bar. Lows of 1400 hrs and 1300 hrs bars are 4217 and 4237 resp. So, S/L could be 4208 or 4228? I have probably not understood something. Could you pl. throw some light?

Yash

 

[Smart_trade]

Saint,

I did not understand one thing. How is S/L of 4230 arrived at?

We went long at 1500 hrs bar. Lows of 1400 hrs and 1300 hrs bars are 4217 and 4237 resp. So, S/L could be 4208 or 4228? I have probably not understood something. Could you pl. throw some light?

Yash

The long trade was not booked on stoploss but sold after 3=15 as the day was coming to end.

Trade Well !!!

Smart_trade

 

[vpsarathy]

It will be interesting to understand differences between Mini Flow and 60 min Flow. since both use same 60min TF. Iam talking about pure 60 min flow not aggressive 60 min flow.

Would like in the form points with explanatory notes. Will any senior find time to write this and ask for contributions and correction from others and the same could be finally scrutinised by Saint.

Am I asking for too much?

vps

 

[pakatil]

Dear Saint,

Thank You for giving such simple, straight forward Strategy. Crowning Glory is your lucid style. It leaves no opprutunity for confusion.

Pls permit me differ from one of your Advices. ( in lighter vein )

You have asked for total dedication during hours. All I have to do at the start, is to place two orders. Obviously one will get triggered and other will act as SL. Convert SL into SAR. Now it is only matter of creating one fresh SAR when the current SAR is hit, OR keep on modifying current SAR every one hour. And at the end of the day close the positions. So much of free time.

Like the Ad, Fill it, Shut it & Forget it (Hero Honda Ad of yester years).

Thanks Again Saint.

Cheers