HI iam professional option trader for last 7 YEARS. IS any body there who needs me

$ashpats$

$ashpats$

Member
#111
#111
Re: HI iam professional option trader for last 7 YEARS. IS any body there who needs m

Dear Guatam Sir
I m in trading since 3-4 years & Futures & Option I am still learning from 2 years. Its amazing but with 100% risk. I have lost lot of money in it, but still I found it amazing & something challenging. But I think whatever maximum losses occur in Options trading for me was due to high brokerage by ICICI Direct.com which charge Rs. 100/-+ other charges, stt & all per lot one side & if I sell it next day then Rs. 100/- + other charges, stt & all again. If I sqaureoff in one day then additional Rs. 5 + other charges, stt & all. Actually its too high so I have to wait for my rate which will include all this heavy brokerage to arrive for selling call or put again.
Now I had applied for new Brokerage firm R K Global which is providing Rs. 9 per lot + other charges, stt & all one side which effects 7-8 times lesser then ICICI Direct.com. Can you put some light on this issue of trading through R K Global @ 9 per Lot.
Awaiting your reply on this issue.

Also view below the link for RK Global Options trading Brokerage Illustration
http://www.traderji.com/brokers-trading-platforms/21449-r-k-global-issues-92.html#post443388

Thanks - Ashish :clapping:
 
Last edited:
S

sadiq

Active Member
#112
#112
Re: HI iam professional option trader for last 7 YEARS. IS any body there who needs m

raghavavalleti said:
Good day sir,

Daily i received sms from Trade4target.com. "today our customers booked profit Rs48,000 with Rs50K capital. they send every day like this with veries figurs. Can i belive that. they want Rs15000. for subscription for Month.

Please give me Sugisions for me wether join or not in that.

Thank you sir,:)
raghavendra rao
Click to expand...
if their customer can make 48000 out of 50,000 what holding them to make billions in market rather than begging you for 15000 as subscription. do you never think like this?
 
M

MINITRADER99

Well-Known Member
#113
#113
Re: HI iam professional option trader for last 7 YEARS. IS any body there who needs m

Thank you Gautam for sharing your experience and educating newbies. Today only saw this thread and found posts useful. I am trading bank Nifty and Nifty for the last 2 years as swing and intra day trader successfully. just started learning option to hedge my positions against gaps. Please continue the same. Can you suggest some position for July just for paper trading. Before putting real money I must watch the move for one or 2 month.
 
alroyraj

alroyraj

Well-Known Member
#114
#114
Re: HI iam professional option trader for last 7 YEARS. IS any body there who needs m

MINITRADER99 said:
Thank you Gautam for sharing your experience and educating newbies. Today only saw this thread and found posts useful. I am trading bank Nifty and Nifty for the last 2 years as swing and intra day trader successfully. just started learning option to hedge my positions against gaps. Please continue the same. Can you suggest some position for July just for paper trading. Before putting real money I must watch the move for one or 2 month.
Click to expand...
Can you share your strategy of hedging against gaps.
 
R

ram3738

New Member
#116
#116
Re: HI iam professional option trader for last 7 YEARS. IS any body there who needs m

Hi

1.Can you tell details of margin requirement for Nifty option selling.
2.Whether out of money option need less margin than In money option?
3.If I sell Nifty call 5500 and Nifty put 4500 ( current Nifty is 5119), how much will be the margin requirement? ( in general , each broker may differ)
4. How M to M settlemet will be done?

Thank in anticipation
 
G

gautamsinghsaini

Member
#117
#117
Re: HI iam professional option trader for last 7 YEARS. IS any body there who needs m

hi ashish.first off all i trade with religare securities which has pan india presence .religare is strong brokerage house all of them backed by promoters of ranbaxy.i pay 140 rs.on one 50 nifty trade( inclusive tax+stt+brokerage on both side) i do not believe in r k global who was receving just 9 rs per lot of nifty why?few years ago i trade with GANGA JAMUNA FINVEST .they took 50 rs.for nifty trade.for less brokerage every body coming here i was too.i give them 200000 rs.as a margin money .after one year they shut their shop and on the run with worth of 20crore rs.of the traders+frenchises.so moral of the story DO NOT GREED .PROTECTION OF YOUR CAPITAL FIRST PROFIT LATER.Go with the financialy strong brokreage house.
 
G

gautamsinghsaini

Member
#118
#118
Re: HI iam professional option trader for last 7 YEARS. IS any body there who needs m

HI RAM.ram ka naam sunte hi dil or dimaag ko bada aaRAM milta hai.I like your name buddy.welcome in the world of options .selling nifty future or nifty options attracts margins.because they are liener products their lose is unlimited so margin is 22000-25000 in one lot.whather it is ATM or ITM or OTM all selling positions in options attract 22000-25000 margin.if you sell 5500 call and 4500 put your margin is 25000+25000>50000. IN INDEX option M2M SETLEMENT IS NOT DONE ON DAILY BASIS .IT IS DONE ONLY AT THE DAY OF EXPIRY.JAI SHRI RAM
 
G

gautamsinghsaini

Member
#120
#120
Re: HI iam professional option trader for last 7 YEARS. IS any body there who needs m

MINITRADER99 said:
Thank you Gautam for sharing your experience and educating newbies. Today only saw this thread and found posts useful. I am trading bank Nifty and Nifty for the last 2 years as swing and intra day trader successfully. just started learning option to hedge my positions against gaps. Please continue the same. Can you suggest some position for July just for paper trading. Before putting real money I must watch the move for one or 2 month.
Click to expand...
HI MINI TRADER.MINI TRADER TUM KAB BANOGE MAX TRADER.JUST KIDDING.IF you just start option trade then there is very long road for you.option is very much different and complex from the future.in future there is no TIME DECAY no DELTA+GAMMA+THETA+RHO+OPTION VOLATILITIES.you are very right in terms of paper trading.you must opt that for 2 to 3 months.i advise all new bie in options DO NOT SELL OPTIONS with out knoweldge of options and risk management.i tell you some strats for paper trading in next thread.first off al tell me your views on july series .according to your views i will tell you strat
 
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