for a day trader days range to breakeven ratio is very important i think and i found this ratiio in ascending order like this nifty future, bankniftyfuture, options of nearest strike though options seems to be very volatile as cpmpared to change in % to the money invested but due to its high dr/bre possibilities seems to be better to make money than future even volumes seems good means less slipage. i m new here still not decided wt to trade.earlier i tried for nifty future but sometime i found its range very low could not make anything then i looked banknifty it was good then i tried to found y it is good i found that it was due to high range/breakeven ratio specially good if u are doing more than 6 trades a day. wt u ppl think abt this...
Hi Sachin,
I found OPTION trading is better than FUTURE trading on few grounds.
1.Let us consider 6K is required for INTRADAY Future lot and 30K for
POSITIONAL lot.(It varies from broker to broker and with the same broker
from time to time based on NIFTY value). With the minimum amount of 6K
you can buy 2 lots of Nifty whose premium is 60 Rs.(60*50*2).The question
of Intraday or positional does not arise in Options since we have to pay
upfront TOTAL premium.
2.You can choose the Nifty Strike according to your FUNDS.Choosing a strike
closer to Nifty is good.In the beginning of the series do not choose OTM
(Far from Nifty) Options.