Nifty Futures Trading

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

Ashish Da how many lots one should trade in inraday? As u take the trades very fast... with small gains.... so for a good gain in Rupee terms... how many should be taken... If it is not personal with u, how many do u take?

Regards

It depends upon the confidence one has on his/her Signals generated.
For me i am still in old days 1 Lot is still 100 units for me & 1 trade in 100 multiples.
Now-a-days Brokerage can be as Low as Rs 999.00 for any No of trades for entire month.
Hence it has become easier to enter & exit always in Profit.
It only counts at the end of day how many points it is,with all your trades for the day,for me anything above 15 for a day is Good.

 

[new2sm]

Re: Time to Stick my Neck Out ,Nifty 7300

guys I have some query reg. Futures. Since I am unaware of how Futures work and only currently deal in Options thus my questions.

1. If I buy 1 lot Nifty Future when NF is at 4950 and sell when NF reaches 4960. I will get 50*10 i.e 500 rs.?
2. Will I still be charged MTM?
3. If yes then how is the net calculation done? as in am I in profit or loss in the above transaction.
4. How to Discounts affect a Future transaction. For instance if I buy something when Nifty was in Discount and sell when it is in premium do I make profit. I think so but asking just for clarification.

Hoping my naive questions dont sound that stupid. Thanks for answering.

 

[milkyblack]

Re: Time to Stick my Neck Out ,Nifty 7300

It depends upon the confidence one has on his/her Signals generated.
For me i am still in old days 1 Lot is still 100 units for me & 1 trade in 100 multiples.
Now-a-days Brokerage can be as Low as Rs 999.00 for any No of trades for entire month.
Hence it has become easier to enter & exit always in Profit.
It only counts at the end of day how many points it is,with all your trades for the day,for me anything above 15 for a day is Good.

Good Ashish Da... u r a good trader... But who is providing brokerage for Rs 999 unlimited No. of trades... does one need to qualify for a minimum TO?

Regards

 

[nagendra_gb]

Re: Time to Stick my Neck Out ,Nifty 7300

It depends upon the confidence one has on his/her Signals generated.
For me i am still in old days 1 Lot is still 100 units for me & 1 trade in 100 multiples.
Now-a-days Brokerage can be as Low as Rs 999.00 for any No of trades for entire month.
Hence it has become easier to enter & exit always in Profit.
It only counts at the end of day how many points it is,with all your trades for the day,for me anything above 15 for a day is Good.

999 per month, which broker are u talking about ? please let me know am paying so much mony to brokerage in icici

 

[milind]

Re: Time to Stick my Neck Out ,Nifty 7300

It depends upon the confidence one has on his/her Signals generated.
For me i am still in old days 1 Lot is still 100 units for me & 1 trade in 100 multiples.
Now-a-days Brokerage can be as Low as Rs 999.00 for any No of trades for entire month.
Hence it has become easier to enter & exit always in Profit.
It only counts at the end of day how many points it is,with all your trades for the day,for me anything above 15 for a day is Good.

Which broker gives monthly flat brokerage, and that too - just Rs999? I am making my broker far richer than that.

-- Milind

 

[darsh_goswami]

Re: Time to Stick my Neck Out ,Nifty 7300

dear milind ,..

As far as i know RK Global provides it in cash market .. for future markets there is 9 rs per lot ..
please do inquire about it..
Regards,..
Darsh

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

Good Ashish Da... u r a good trader... But who is providing brokerage for Rs 999 unlimited No. of trades... does one need to qualify for a minimum TO?

Regards

There are 2 ways,either you negotiate hard on the basis of TO ,it can come down to 1-2 points of Nifty Fut.
OR
You go for Rs 999.00 for entire months fixed brokerage .

Darsh is right it is R. K. Global.

 

[nagendra_gb]

Re: Time to Stick my Neck Out ,Nifty 7300

Bad luck in Bangalore it is not there , other than that any other brokerages which charges less ?

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

Bad luck in Bangalore it is not there , other than that any other brokerages which charges less ?

Actually 13 months ago this was refered to me by a Bangalorian.

 

[aca_trader]

Re: Time to Stick my Neck Out ,Nifty 7300

There are 2 ways,either you negotiate hard on the basis of TO ,it can come down to 1-2 points of Nifty Fut.
OR
You go for Rs 999.00 for entire months fixed brokerage .

Darsh is right it is R. K. Global.

Hi Asish!

How you rate R K Global on service quality especially disconnections and support during those periods? Want to switch over to them since some time but have not been able to get any comprehensive feedback so far.

Regards,
-Ashish